Tyga has been going through issues with his former management company for some time now, with the company previously suing him for $4 million. C&J Management’s lawsuit noted that the rapper previously fired them with no cause. Because he fired them for no reason, they were left out of commissions that would have resulted in the company receiving millions of dollars. C&J Management also noted in their lawsuit that they turned Tyga “from a relative nobody to a world known superstar.”
Now, it appears Tyga has come to a settlement with his former management company. TMZ noted that Tyga agreed to pay the company a total of $1.5 million. This is a much bigger break than having to pay that massive $4 million, and the rapper will only have to pay the amount owed back in installments. The first installment is for $250,000 and will be due within 10 days of the rapper signing the settlement agreement. From there, he will have to pay four installments of $137,500, and then a final payment of $700,000 that is due on June 1, 2019.
Source: tmz.com
