He Had $500. They Offered Him $1,000,000💰 He Walked Out
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He Had $500. They Offered Him $1,000,000💰 He Walked Out
6 966 просмотров · 3 недели назад
ShamHop
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6 966 просмотров · 3 недели назад
In the mid-1990s Master P sat across from Jimmy Iovine with about $500 in his pocket. The offer was $1,000,000. He read the contract — seven years, and a clause about his own name — and walked away.
What he signed instead was a pressing and distribution deal with Priority Records: 85 percent to No Limit, 15 to the distributor. A few months later it became 80/20, and his former manager explains exactly why.
Told through Master P's own interviews, his former manager, and a former Priority Records sales executive — including the part the motivational version leaves out: why that deal worked for him, and why it almost never works for anyone else.
No takes. No reactions. Documents.
SOURCES
• Master P interviews — Shawn Prez / PowerMove Makers (the 1995 meeting and the offer)
• Wikipedia, No Limit Records · AFRO · The Black 90s · Vibe — Priority Records 85/15 terms
• Forbes (Sept 1998) — highest-paid entertainers list
• Interview footage: HOT 97 · The Breakfast Club · Club Shay Shay · All The Smoke · Ed Mylett · REVOLT · BET · Bout Dat Online · FOX 5 · Yahoo Finance · T.I. (expediTIously) · PowerMove Makers · former manager interview · Dave Weiner (Holdin' Court)
Every number in this video has a source above.
Contact: remindmeinfo1@gmail.com
#MasterP #networth #hiphop