NO ITS NOT. wow yall dont pay attention.
The shows they do for 20k if that is even true. Is a part of a 360 deal. did you forget that?
There was no such thing as a 360 deal back then. at least back then you had your show money. Now if you're a lazy dude or you have bad management that can't get you gigs. thats another story.
What has happened today is due to the Cam's, The jiggas, the Nas', the biggies, Dmx's, the roots, the redmans, the Wu's, the Nwa's, the run dmc's, the LL's, on and on and on. These dudes created a path where today Hiphop is the most popular Genre of music period. This was not the case back in 1980 anything, or 1990.
WE loved hiphop. We being black people. others caught on late. and now the entire planet Loves hiphop. Most genres, especially black genres die out by this point due to whites stealing it and then black folks switch it up and we do something else that starts to pop. No one ever thought hiphop would go this long and be the prime genre. No one thought/Knew this.
The popularity of hiphop is why the labels want those 360 deals. because they know, now its not just about the records being sold. its about the commercials being made, the movies being made. the song playing in the background of real housewives of [insert whatever city].
The record sales are awful in comparison to the 90's. Where you could legit get rich/or make a nice living as a Mcee. even if you had a shady deal. Just do a lot of shows and guest appearances. Now you have to be all over the place. Since your record aint going to sell like that. the #1 reason is most of today's hiphop is of lesser quality. the #2 reason is music is disposable now, thanks the the youth and the internet. It's a combination of both and how easy it is to get music, how quickly you get it, how stale it is in the first place, so it gets old really fast.
I promise you artist of today will be telling these same "I was broke B..." stories in a few years. These artists can't keep it real with us, cause if they did. we would shun them and clown them for it. only a select few would get that love being 100% honest. most of the current gen artists can't rap anyway. So all they talk about is the bags of money they have. So if thats not true they have no content.