T Pain Says his label deal was 15/85 split with a 40 million advance

Amestafuu (Emeritus)

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So they gave him a 4 million dollar loan then 15% of earnings. Imagine getting 4 cold hard millions in cash assets and all you can do is buy buggatis and big ass chains. Embarrassing. Could have had that money working for you. And not even cared about the shyt contract.

Time and time again people show n prove that just being given money won't change your life if you have no value or discipline about it. Poverty is as much a state of mind as an economic hurdle.
 
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tuckgod

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The label gave him a $40 mil line of credit

Enough for him to live out all of his celebrity fantasies while he works on making them their product and he can maneuver through the world of the rich and famous and find even more deals for himself in the process

Sounds like square biz to me

I wouldn’t have given him any points after an advance that big
 

ImmaGetJoeClarkArrested

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The label gave him a $40 mil line of credit

Enough for him to live out all of his celebrity fantasies while he works on making them their product and he can maneuver through the world of the rich and famous and find even more deals for himself in the process

Sounds like square biz to me

I wouldn’t have given him any points after an advance that big
From the little that I know…the money can only be used towards his career…can’t take it and invest in any real estate or other outside ventures
 

tuckgod

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From the little that I know…the money can only be used towards his career…can’t take it and invest in any real estate or other outside ventures
Yeah, but once you’re T-Pain - international superstar (thanks in large part to that $40 mil), the world opens up to you and deals fall from the sky like manna.
 
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