Rappers like Wiz Khalifa, Logic, and Dr. Dre have sold their catalogs for enormous sums.
Young Buck, not so much.
Buck filed for bankruptcy in 2020 in part to get out of 50 Cent’s debt.
This week, his bankruptcy trust sold the rights to all his music for 730K.
The rights consists of performance royalties, mechanical royalties, publishing royalties, and song copyrights.
“The Trustee proposes to sell all of her right, title and interest in the Catalogs to Middleton Open Season Partners I LLC (the ‘Buyer’) in consideration of payment from the Buyer to the bankruptcy estate in the amount of Seven Hundred Thirty Thousand U.S. Dollars (U.S. $730,000.00),” the trust wrote. “The closing of the sale shall occur when the Order approving this Motion is final and non-appealable (the ‘Closing Date’). Such funds shall be paid to the Trustee within fifteen (15) days of the Closing Date.”
The buyer is Middleton Open Season Partners I LLC.
No word on whether that’s a front for 50 Cent.