$80 Million Lawsuit Breaks Out Over Rising Rapper Squidnice
(AllHipHop News) Rapper Squidnice may not be a household name yet, but he's already at the center of an $80 million battle for his career.
Squid was supposed to be the newest act on Cinematic Music Group, which counts rappers like Joey Bada$$, Smoke DZA and Mick Jenkins as artists on their roster.
According to a new lawsuit filed by Cinematic’s CEO Johnny Shipes, Squidnice and his manager are reneging on a 360-degree deal.
The lawsuit claims Shipes’ longtime friend and associate Ruddy Rock, also happens to manage Staten Islander representer, Squidnice.
The legal filing claims Ruddy Rock is allegedly sabotaging the deal according to the lawsuit.
Ruddy Rock is allegedly refusing to honor the terms of the deal, which would have allowed Cinematic to share in profits from merchandising, music royalties and other streams of income.
The new lawsuit comes on the heels of the release of Squid Nice’s latest mixtape “The Craccken.”
Squidnice rose to fame in 2015 and has had success with releases like “Trap By My Lonely” and “Everywhere I Go” and “Clout.”https://www.google.com/sorry/index?continue=https://www.youtube.com/watch?v=5YWrDfZ5bkk&q=EgQs6nbMGPL3gvkFIhkA8aeDSwWrluxVO0d5lpoh3ChnXOSHeqlCMgFy