Tyga Ordered To Pay Millions In Settlement To Former Managers
(AllHipHop News) Rapper Tyga has reportedly reached a settlement in his lawsuit with his former managers.
Representatives at C&J Management sued the "Rack City" hitmaker in 2015, claiming they were instrumental in helping to turn the hip-hop star "from a relative nobody to a world known superstar," but they were dumped in 2013 after introducing Tyga to label bosses at Cash Money Records, where he found fame.
They were seeking $4 million, but the 27-year-old has reportedly agreed to pay up $1.5 million.
According to TMZ, Tyga is able to pay the settlement in installments and he must pay $250,000 within 10 days of signing the agreement.
He is then responsible for four payments of $137,500 each.
The final payment of $700,000 is due on June 1 2019.