Music

Chance The Rapper Beats Ex-Manager’s Lawsuit, Awarded $35

TM
Taylor Morgan
Music Critic & Culture Writer
Chance The Rapper Beats Ex-Manager’s Lawsuit, Awarded $35
Image source: Stereogum

Chance The Rapper's legal battle with his former manager Pat Corcoran has been going on for over five years. In 2020, Corcoran sued Chance, claiming he violated an oral agreement to pay Corcoran 15% of his profits, and that Chance owed him "over $2.5 million of unreimbursed expenses supporting and promoting Bennett's career." Corcoran said there was also a “sunset clause” that would run for three years post-termination. Chance countersued the following year, accusing him of mismanaging his finances and making unauthorized transactions.

According to Stereogum, Chance The Rapper has emerged victorious in his contract dispute with his former manager Pat Corcoran. The rapper was awarded $35 after a Chicago court ruled in his favor. This decision brings an end to a five-year-long legal battle between the two parties.

The lawsuit, which was filed in 2020, claimed that Chance had breached an oral agreement to pay Corcoran 15% of his profits. Corcoran also alleged that Chance owed him over $2.5 million in unreimbursed expenses. Chance countersued, accusing Corcoran of mismanaging his finances and making unauthorized transactions.

The court's decision is a significant victory for Chance, who has been embroiled in this legal battle for years. The rapper has been open about the stress and financial burden that this lawsuit has placed on him.

Sources

[1] Chance The Rapper Beats Ex-Manager’s Lawsuit, Awarded $35