A$AP Rocky Discusses $3 Million Deal

Friday, October 28 2011 12:17 PM EST | Posted by: B.Dot | Posted in: Blog, True Story


A$AP Rocky’s got 3 million reasons to smile. In a recent interview with Pitchfork, he says that he signed with Polo Grounds after accepting a $3 million dollar deal. Money in the bank?

Pitchfork: A lot of rappers are moving away from big record deals and, as recently as last month, it seemed like you didn’t want to sign with a major, either. What changed your mind?
A$AP Rocky: About three million dollars. [Other rappers who don't sign] are smart, but I feel like Sony/RCA is a family and the people there actually care about me. When I came to meet [Polo Grounds Music founder] Bryan Leach, I got to know him on a personal level– he would set up car service for me to go to other labels. He wanted to see me make it. He’s from Harlem.

I’m going to have creative control; there’s no bullshit. The situation is almost unrealistic. I mean, five months ago I had about $3,000 in my bank account. Now I’m worth $3 million. Nobody’s gotten a deal like that since 50 Cent.

missinfo

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Comments (64)

  1. LongLungz says:

    Rocky b that rich mother trucker

  2. get bucks says:

    That Pesos song is str8.

    East Coast Odd Future??? Just kiddin…

  3. tris says:

    3 million? for this guy ahaha wtf

  4. Jigga man says:

    fuck outta here with that bullshit

  5. ColoradoKnight says:

    What buzz has this kid created to worth the risk? Congrats, but I’ve only heard one record from him and it definitely wasn’t an anthem?

  6. NuJew says:

    Blame Aubrey….

    HA!

  7. Lucky P says:

    this shit cant be true!
    hes cool but gottdamn!!!

  8. Hank Moody says:

    I call bullshit. There’s just no way this guy is getting a $3Million advance. Your buzz would have to be on par & likely higher than most of the a-list acts in the business to get that sort of money right now. Gonna need to see an ATM receipt on this one.

  9. Black Shady says:

    on a serious note ; who is this guy???? seriously……

  10. realtakeover says:

    No way with the industry the way it is i mean 50 had a 1 million with Em & Dre and his buzz was huge and that was like in 2002 when people bought albums

  11. devante says:

    after taxes and your management cut more like 1 million. Still that’s great for a job that you’ll love.

  12. History says:

    He probably got 3 mil total, all up-front, and now he’ll have to provide his own promotion and pay for his album. Most companies give a decent advance but then push you and hook u up with the industry people (how hard they push depends on who u are).

    Idk, just a guess. Still waiting on LiveLoveA$AP, tho (I could use a new tape this weekend…).

  13. Los says:

    Don’t sleep on this kid, he actually knows how to make hits. He has a good ear for music…Have y’all yet heard “Peso” and “Purple Swag” ?!

  14. Anon DCPL says:

    ok haven’t really gave this nigga a listen, so I went and searched the youtubes and find is shit pretty sick actually.

    is there any street tapes or mixtapes this dude has dropped that I can d/l??

    as far as the 3mill rumor, its a high risk investment for sony, but it might work out if they can market his shit right.

  15. a yo says:

    i like his music buttttttttt….. no fan base, no wide array of mixtapes or material, just a couple views on youtube does not garner attention to the tune of $3 mil….. so i’m just gonna take this as a press release to get buzz

  16. Lucky P says:

    @so icy fuck outta here. a limo? thats all it took for you to jump on some dick @ brick squad huh? niggas aint riding in limos unless their grandmothers died!

  17. Brutally Honest says:

    I call a bluffinton (new slang term, when someone exaggerates a story or situation) on this guy’s deal. I’ve way too much talented artists that’s kind of on his level , that should get that deal ……. This is why the industry is going downhill, because their signing flukes like him & Kreayshawn

  18. SmokinAces says:

    Stop fucking lying.

  19. zezzoi says:

    $20 says this nigga gets shelved for a few years.

  20. Obama says:

    He didn’t say he got a 3 Mil advance. His deal was RUMORED to be WORTH 3 Mil… As in a $100,000 artist advance, $900,000 to Polo Grounds and the remaining 2 Mil is controlled by Sony, and allocated to the marketing and promo of his project. And by far the most relevant aspect of this type of bullshit deal, in the end the ENTIRE 3 Mil must be recouped by the artist. As in, I hope you hang onto some of that advance kid, cause you ain’t seeing shit off of your albums sales. Not to mention Sony is now in your pocket for your show money and your merch.

  21. DRAG says:

    3 MILL!! shit? based on what? Im not mad though.

    [youtube http://www.youtube.com/watch?v=b-vuJxgL5Yk&w=560&h=315%5D

  22. DJ Semtex's Prosthetic says:

    who the hell is this guy rofl?

  23. Da Prophet X says:

    He now sold his soul to the devil #RealTalk #Illuminati #GetMoney

  24. ZoomZoomDad-Otis says:

    Congrats.

  25. Ben says:

    I call horse shit.

  26. moreffa says:

    diz nigga dumb ass shit letting a Dominican car service pick where he getting singed

    BTW why the fuck this corny lookin uptown nigga be

    these white cracker aint givin no koon ass nigga no 3 million fo nothin

    i aint gonna lie i am looking this lil nigga up and i aint head a nyc nigga diz in a minute

  27. Protest says:

    His soul was worth $3 Million? Hmm… interesting. Devil, your a sick bastard with no taste in music.

  28. Hip-Hop Fiend says:

    He ain’t go no 3 Mill advance. He most likley signed a 360 deal of course unless Sony stupid. Yall acting like he walking around with 3 Mill in his bank account. He got an advance prolly half a Mil in advance. The rest of that money goes into his promotion and studio time. Sony will get most of his revenue. He won’t get no money off his record sales no artist does. That Club Pardise tour he bout to be on Sony will have first dibs on that. He won’t see a penny more from Sony untill his contract up.

  29. Jaediggity says:

    The full article explains his deal more. His personal deal is only worth 1.7 million. Which is a great deal, but the other 1.3 million is for his ASAP label shit.

    Like it’s a bunch of other ASAP rappers and producers and shit. And that other 1.3 is for them.

    So after taxes he’s gonna have like 1.1 mill left. Then 2/3 of that goes to album production and promotion. So realistically he’s sitting somewhere between $365,000 to $400,000.

  30. ?????? says:

    nigga who are you?

  31. 74x74 says:

    Jaediggity — good breakdown.

  32. hahahah says:

    \3 mill credit line for album to be completed and radio and video promo and to travel these dum ass rappers fall hook line and sinker

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  35. Word says:

    Who the fuck is this?

  36. @ErrolGames says:

    “nobody had a deal like that since 50 cent.” um. Drake signed to Young Money for 2 mil and I actually heard of him when he signed the deal. If this dude signed for that much then he should have enough of a marketing budget to appear on more places I go besides RR. Until then good luck bruh

  37. Fuck Ya Life says:

    Damn whats wrong wit these labels they be burning money with these no talent wack niggas.

  38. Hip-Hop Fiend says:

    5O Cent signed for 1 Mil, Drake signed for 2 Mil, Nicki Minaj signed for 1 Mil, Lil’ Twist signed for 1.3 Mil, and Papoose signed for 1.5 Mil (No Album). So he why this nigga act like he the first to get a big deal. WHAT HAS HE DONE? He don’t even have 1 mixtape out.

  39. Time4SumAction says:

    his deal is worth 3mill in total over 5/6 albums. But no one is getting 3 mill in advances in the last 15 years. It don’t work like that. Especially from Polo Grounds. They haven’t had a big hit yet. I doubt if he got $100k in cash advance. 100k plus 400k album budget that he cannot what’s left over. That’s 500k over 6 albums = 3million. I’ve worked in this industry for 15 years. Also Papoose didnt get no 1.5 million. same set up. he got less. Drake/Nicki got there’s because of huge bidding wars.

  40. Shawn says:

    You need more people.

  41. BallardJon says:

    my friend’s aunt makes $82/hr on the laptop. She has been out of a job for 9 months but last month her check was $7251 just working on the laptop for a few hours. Read this site CalmCash. com

  42. shows you dont need to make corny ass music and grab wack beats from soundclick to make it.

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  44. T-Mac says:

    I just heard his new song – Bass. Shit is terrible … I’m not gon’ say he’s untalented. I gotta hear his other tracks. But in my opinion, waste of money.

  45. JD says:

    $1k says he’ll be broke within 10 years. Gotta get dem gold chains and rims dawg,

  46. chilleymost says:

    he probably gave up everything for a term,,,,,,that 3mill covers everything,,,,,dont get it twisted

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