Young Jeezy

Jeezy's Former Business Partner Kinky B. Sues Rapper For $5 Million


(AllHipHop News) Rapper Young Jeezy has been hit with a $5 million lawsuit from a former business partner, who claims he was cut out of millions of dollars in profits earned from the rapper’s career.

Demetrius “Kinky B” Ellerbe filed a lawsuit against Young Jeezy, Def Jam Recordings and UMG, in Fulton County, Superior Court in Georgia.

According to the lawsuit, Ellerbe helped Young Jeezy form CTE Entertainment, which houses rappers like Freddie Gibbs, Tone Trump, Slick Pulla and others.

Ellerbe says he was instrumental in obtaining the label’s distribution deal with Def Jam Recordings, but he was still cut out of millions of dollars in profits.

The lawsuit claims that Young Jeezy redirected millions of dollars in royalties and advances to his own personal account.

“Essentially, Young Jeezy just kind of took over the company, and elected to take all the funds,” Ellerbee’s attorney Mario Breedlove said.

Demetrius Ellerbe is seeking at least $5 million in damages, in addition to interest, punitive damages and legal costs.

  • upinsmoke3000

    Music biz is a dirty game.

  • johnblacksad

    Ninjaz have turned on their ninjaz for way less than that before…

  • chevy_weight_champ

    Damn JEEZY Cuzz say it aint so my nicca!! not you

    • Paul Connely

      jeezy fan….kinky done blowed his money and he know the man done made the forbes list ni he hating….the man done took care them folks…some friends are leechs cause they think u gotta keep taking care of them because u got it….common sense it took him this long to realize he missing millions cmon man

  • NEWSKULL

    Serves him right!… Why the hell would you agree to let your business partner have all the company profit go in his personal account?… I doubt that he was his business partner maybe he was part of his entourage

    • Decatur1

      GOOGLE KINKYB NEWSSKULL

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  • thaGOD83

    damn i guess its being shiesty over royalty…no kinky b , no jeezy bottom line…dude repped jeezy when he was worse as a rapper, even though he sucks now…but this is the new agenda pushed…”turn your back on your people after you exploit them” i know “money over everything” is the new slogan right, wrong not for me..so lemme guess, use the community to propel you with a buzz, then make terrible songs that incite selling dope, making it rain, and so forth…..use people whom care about you, and the struggle that you ALL are in together then turn around and shit on your FRIENDS…all to be around yuppies, whom care NOTHING about YOU, or your struggle..only to have them shit all over you and throw you back to the streets you shitted on…UNLESS…you are an asset, like 50, jigga, baby, that can POVERTY PIMP your people becaue you speak they language, and garnered a lil trust because they THINK you came up like them..when in reality you didnt and its shows in your DEEDS…i care nothing for jeezy, jay , etc…but is sucks when these stories are printed from an angle that makes turning your back on your REAL people seem cool….over cars, clothes, hoes (NOT GODDESSES) all for green sheets with racist folks faces on it, hell william roberts has presidents tatted all over him, yet people want to be like him…shout out to REAL GODS whom take care of the people, esp their FRIENDS…selling out never works in the long run

    • johnblacksad

      aaay! I love me some Young Jeezy’s music…

    • kstaxx

      Well said bruh couldnt have said it better myself If I could Iwould give you two thumbs up!

  • scullyson

    Not saying Jeez didn’t lace them pockets but cmon man. This is perfect timing. Everybody knows sharks sense blood in the ocean. BS ain’t nothin

  • Sometimes you just can’t help people or this kinda shit happens

  • immackulate

    jeezy a snake azz niggah – same thang Bleu Divinci been saying all along
    this niggah grew up with Kink too which is the sneak shyt about it
    i was wondering why JEEZY’s own son be running around looking like a damn dirtball
    why NONE OF THE NIGGAHS that ever sign to CTE ever put out shyt but mixtapes (not that the had hella talent but im just saying doe)
    THOUGHT HE WAS THE REALEST NIGGAH IN IT … the older i get im starting
    to think that “real niggah” term is an oxymoron – cuz 9/10 niggahs aint shyt!

    • ccwaterbound32

      pimp c been exposed dude… he said and i quote” i aint gotta expose these boys because they stay exposing theyself.” i mean what do you expect? meech saying the saying dude don’t do nothing for him, bleu saying negative s*it about it, i mean what can you do?

      • immackulate

        right thats why you gotta respect niggahs that speak that STAND UP TRUTH – PIMP been telling niggahs JEEZY aint never had it for no 17.5 even before JEEZY contradicted himself w/ them numbers – cuz i’ve heard him sayin 18.5 my damn self – not to mention distancing himself from BMF (which i understand that – on the low – cuz niggahs uh treat you like you got leprosy if they know you facing TRIAL – dont NOBODY like going to jail) but when he tried to charge PIMP for a verse after doing work for him for FREE.99 – tell you right there, the niggah sheisty!

    • FOLK103

      blood raw had a album out and thats where it ended lol….and even he left cte cuz jeezy was messin up….and many others from cte done left…. man as u said its really really fucked up that u cant even hustle and make sure the nigga you grew up with and started this rap shit with good and gets the money they earn together ..damn it jeezy

    • hoeyuno

      You nailled it holmes.

  • kstaxx

    I knew Jeezy was a sheister BMF members Bleu Davinci and Big Meech been exposed him for his unloyalty to those that put him on, I guess Kinky B is jus the latest of that group, anybody who has followed Jeezys career knows Kinky B was a crucial part of Jeezys success in the early years of his career when he went by Lil J up until he became Jeezy the Snowman. Jeezy needs to pay that man his jus due and stop puttin royalty over loyalty but yet he claims hes REAL, thats not beoing real thats being FAKE.

  • OaklandOxymoron

    Kink was his right hand man. Guess loyalty really ain’t Jeezy’s thing. Typical snake nicca shit…

    • FOLK103

      he is the ceo of cte aswell lol

      • OaklandOxymoron

        Right. Well obviously not if hes suing for bread. Ceo don’t equate to equal pay to Jeezy…

      • OaklandOxymoron

        And before the rap shit they were “friends”. Guess that doesn’t mean much to that man either

  • And this is the person named Senior Vice President, A&R of Atlantic Records? Like I was saying before why should Jeezy be A&R of anything without a college degree?….Maybe if he had one he would know not to crap on his business partners.

    • FOLK103

      BRAH this is not only his buisness partner is more than buisness this is his friend like his brother aswell CEO of cte

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  • bigdoe6

    Damn, these niggas need to settle this shit like men. This shit don’t look good. Both of these niggas met each other when they was broke and locked up. Don’t let the money come between friends man. That’s sucka shit. SMh.

  • Yeagerx

    It happens all the time, young uneducated brothers, getting into business with shysters from the street thinking they love them. I know hurts to see someone you helped show more love to people they just met, than the ones who have been there since day one. Lame, and yall respect these bumz and call it keeping it real. They are only a few real ninjas left, most give more money to strippers than family and their so called real ninjas. WHAT PART OF THE GAME IS THIS????????????????????? lame ninja world i guess. Be safe brothers, in more ways than one. wink wink

  • “KINKY B TOLD ME FINISH MY MEAL.”

    • Dadon850

      Def Jam 7 figures we can finish the deal!! Jeezy did finish, without Kinky B.. Lol

  • Good luck Kinky B!
    >>Pauses after calling another man Kinky!

  • FOLK103

    yo they deeper than this rap shit, they both grew up together in macon,ga then they both formed CTE.. KINKY B Is also the ceo of cte

  • FOLK103

    i would never turn on somebody that made the nigga he is and they started of together wow jeeeezy …..u keep losin street cred

  • FOLK103

    NOT FORMER BUISNESS PARTER… CEO OF CTE!!!!! still partners

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  • Rude Boy

    Now thats cooperate thuggin to the max! Money over Loyalty and everything else. Take like a thug!

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  • Jeezy was praising that nigga as a BEST FRIEND in his documentary. I hope Kink win that 5 million. Music industry mafuckaz are slugs.

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