nah the no limit deal was 80/20.... they tried 85/15 but quickly realized that they couldn't hack it because they had to pay more out of pocket under that deal. they went back to priority for more advance money in exchange for 80/20. video interview of Ps manager at the time. he says that five percent was worth it because they needed that extra cash to do it big
cash money signed the same deal, but may have got a bigger advance.
Estimated at the time to be worth $30 million (“It ended up being worth more,” insists Baby), the unprecedented three-year deal allowed the entrepreneurs to retain
full ownership of their masters and publishing. “I refused to give them anything,” says Baby, who was 27 at the time. “I can’t let nobody take nothing we work for. If they get something, it’s gonna have to be something we accomplish together.” Under the deal, Universal would give Baby and Slim a
$2 million advance every year, plus a credit of $1.5 million for each of the up to six artists they’d be able to put out annually. After the sales came in, they would divide the profits:
Universal would get 20% for their services, and Cash Money would bring a whopping 80% back home.
Read More: The #6 Biggest Moment: Cash Money Signs With Universal - XXL |
The #6 Biggest Moment: Cash Money Signs With Universal - XXL
yall should be happy that no limit isn't the only one, instead of trying to downplay everybody else success for what? to play victim?