A$AP Rocky Discusses $3 Million Deal
October 28, 2011 @ 12:17 PM EDT
News
A$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
Rocky b that rich mother trucker
That Pesos song is str8.
East Coast Odd Future??? Just kiddin…
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3 million? for this guy ahaha wtf
fuck outta here with that bullshit
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?
Blame Aubrey….
HA!
[…] Rap Radar […]
this shit cant be true!
hes cool but gottdamn!!!
I call bullshit. There’s just no way this guy is getting a $3Million advance. Your buzz would have to be on par & likely higher than most of the a-list acts in the business to get that sort of money right now. Gonna need to see an ATM receipt on this one.
on a serious note ; who is this guy???? seriously……
No way with the industry the way it is i mean 50 had a 1 million with Em & Dre and his buzz was huge and that was like in 2002 when people bought albums
Bullshit
after taxes and your management cut more like 1 million. Still that’s great for a job that you’ll love.
He probably got 3 mil total, all up-front, and now he’ll have to provide his own promotion and pay for his album. Most companies give a decent advance but then push you and hook u up with the industry people (how hard they push depends on who u are).
Idk, just a guess. Still waiting on LiveLoveA$AP, tho (I could use a new tape this weekend…).
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” ?!
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.
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
@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!
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
Stop fucking lying.
$20 says this nigga gets shelved for a few years.
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.
3 MILL!! shit? based on what? Im not mad though.
[youtube http://www.youtube.com/watch?v=b-vuJxgL5Yk&w=560&h=315%5D
who the hell is this guy rofl?
He now sold his soul to the devil #RealTalk #Illuminati #GetMoney
Congrats.
I call horse shit.
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
His soul was worth $3 Million? Hmm… interesting. Devil, your a sick bastard with no taste in music.
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.
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.
nigga who are you?
Jaediggity — good breakdown.
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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[…] $ 3 million man
Who the fuck is this?
“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
Damn whats wrong wit these labels they be burning money with these no talent wack niggas.
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.
[…] rr […]
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.
You need more people.
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
shows you dont need to make corny ass music and grab wack beats from soundclick to make it.
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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.
$1k says he’ll be broke within 10 years. Gotta get dem gold chains and rims dawg,
he probably gave up everything for a term,,,,,,that 3mill covers everything,,,,,dont get it twisted
im with obama and time4sumaction with this
He has 3 million To play with musically…producers features..everything that caters to music..he doesn’t have 3 mil to spent.. He probably got a 50k advance at the very most
Obama got it correct…
do what everybody else does sign major and if that don’t work out go independent and then repeat
Listening to “Peso”…..fool sounds like Wiz Khalifa….WTF?!! o.O
where is NegroSaki’s deal? he makes his own beats. CHILL SHIT
Vado worth that money son
this guy is worth about 3 bucks
This nigga don’t even have his own Wikipedia page . . .
I think Obama said it best.
LOL, he really thinks he’s worth $3M.
People nowadays are so uneducated. The $3M more than likely will be handled how Obama broke it down, with a mix of what Time4SumAction said about breaking it down to 5-6 albums.
His advanced was probably $100K. Keywords: “advanced” – meaning it’s a loan for you to use till you actually make money, then you pay it back. The same is true for the rest of the $2.9M that’s left. Album sales, shows, concerts – depending what’s on the contract – will be deducted to pay off that $3M at interest.
You’ll have to produce $9-12M’s for the label before you can be worth $3M.
Good luck, kid.
Even so, I bet he knows the difference but still chooses to say he’s worth $3M because it sounds good.
A $3 million advance means he’ll have to pay all that back to the label before he gets to keep a single dollar for himself. In other words, he’s now $3 million in debt to his label.
[…] Here it is then, the official
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The minute you signed the record contract/THEY HAD YOU!
And they had you grinning and smiling all the way through the paperwork.
Thinking they’re nice because they sent you a car and had a nice conversation with you?
Now they are smiling and grinning and it’s all Legal. Did Your lawyer read it first?
Or was it their lawyer? Hey! Just Asking? Another bites the dust!
ASAP get his jaw broke for his house n_____ah massahhhh // #ROCKY
Where my money at sons??????
N_____z is sons like Elroy!!!!!!
Buz this 1 cuzns
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Are you a business man or an artist,Politicians and you want to become big, Powerful and famous in the world, join us to become one of our official member today.you shall be given an ideal chance to visit the illuminati and his representative after registrations is completed by you, no sacrifice or human life needed, Illuminati brotherhood brings along wealth and famous in life, you have a full access to eradicate poverty away from your life now. it only a member who is been initiated into the church of illuminati have the authority to bring any member to the church, so before you contact any body you must be link by who is already a member, Join us today and realize your dreams. we also help out our member in protection of drugs pushing email: [email protected] or you contact our phone number +2347056024545
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