Rich The Kid has been ordered to pay his former managers $1.1 million in their legal battle.
According to documents obtained by The Blast, a Los Angeles judge has granted a default judgment in favor of Blueprint Artist Management after the rapper ignored a lawsuit filed by the company. Now, Rich has been ordered to pay $960,614 in damages, $143,696.28 in interest, and $873, which comes to a total of $1,105,183.28.
Blueprint sued Rich back in February, accusing the rapper of owing them $3.5 million. The company claimed in the lawsuit that Rich signed with them in May 2017, and as a part of their deal, the managers would get 20 percent of his gross income. The lawsuit stated that the rapper refused to pay $960,000 in commission on top of an additional $500,000. Blueprint said they “repeatedly demanded the payment of its long-overdue Commissions,” but Rich never paid them.
In April 2019, Blueprint ended their arrangement with Rich, claiming the rapper now also owed them an additional $700,000 termination fee. The lawsuit highlights the contract provision reading: “Paragraph 1 of the Termination Agreement provides that Roger shall pay Blueprint the sum of $700,000 according to the following schedule: $250,000 within 10 business days of the execution of the Termination Agreement; $200,000 on or before September 1, 2019; and $250,000 on or before November 1, 2019 (the “Settlement Payments”).”
Blueprint mentioned that Rich promised to pay them some of the money he owed after receiving a loan from his new record label. “In July 2019, roughly one month after he failed to timely pay the first of the three scheduled Settlement Payments, Roger told Blueprint that he was waiting for his new record company to loan him money with which to make the Settlement Payments,” reads the lawsuit. Rich has yet to respond.
