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Soulja Boy

Manager Exploited My Stupidity

12/7/2011 12:40 AM PST BY TMZ STAFF

Soulja Boy Tell EmSoulja Boy was nothing more than an ignorant 16-year-old when he skyrocketed to fame in 2007 -- and now, the rapper's suing his ex-manager ... claiming the guy took advantage of his naive teenage brain.

Soulja filed the documents in Georgia Superior Court, claiming his manager/lawyer Philip Ransom coerced him into signing multiple contracts when he was just starting out -- contracts that were "unconscionable, oppressive, and unjust."

According to the docs, the contracts included a management agreement that gave Ransom 5% of Soulja's income ... forever ... relating to work the rapper completed while Ransom was his manager.

Another contract allegedly gave 50% of all Soulja's music copyrights to his record label -- a deal the rapper now claims is  "commercially unreasonable" and "contrary to music industry custom and practice."

But in reality, Soulja's just bitching because he didn't read the fine print -- the contracts Soulja signed ARE industry standard ... some recording contracts even take 100% of the copyrights.

Ransom denies the allegations -- filing new legal docs claiming Soulja's full of crap ... and still owes him money from their time together.

57 COMMENTS

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1.

Phreaky    

A rapper admitting to being stupid? Who woulda thunk it. None of them could pass the 3rd grade.

990 days ago
2.

buzz kill    

Maybe he should have paid more attention to schoolwork than rap. I guess he was to short for basketball.

990 days ago
3.

JugEars McKenyan Sr..    

What is that, the 'dumb ****** " clause?

990 days ago
4.

makeitstop    

attorneys are for BEFORE you sign the contract (ASTRO ya listening?)

990 days ago
5.

Luz    

Something very alike happened to Prince, and Michael Jackson formed a foundation that helps singers get off contracts like that. He should look into it.

990 days ago
6.

Mark    

Who is Soulja Boy?

990 days ago
7.

Thomas K.    

...contracts that were "unconscionable, oppressive, and unjust."

Man, I love it. Racial overtones in the lawyers statement. "Oppressive." Gimme a break. I've had to live up to every pesky contract I've ever signed.

Suck it up Soulja, it's called being a responsible adult.

990 days ago
8.

wpgguy    

out of the first 15 comments 7 of them were spam,,,way to go TMZ

990 days ago
9.

your own luck    

I am glad Soulja Boy admits he is stupid. Unfortunately, for him, it is manifested in all areas of his life, just not the inability to read a contract.

990 days ago
10.

Truth    

SOULJA BOY IS A BROKE BITCH NOW AND HIS CAREER IS OVER. THAT'S WHY HE'S COMPLAINING LIKE ALL OF THOSE OTHER HOLLYWOOD FRAUDS WHO CANT READ NOR WENT TO COLLEGE BUT GOOD AT FLASHING THEIR ASS, TITTIES, OR WHATNOT. HE'S LIKE THE REST OF 'EM. WHEN THE MONEY IS FLOWING, NO COMPLAINTS. WHEN THE MONEY STOPS... OOPS, THE CONTRACTS WERE "unconscionable, oppressive, and unjust." DUMBF*CK!! TRUTH!!

990 days ago
11.

Kaytee    

Soulja Boy doesn't need a manager to look stupid... He does it all on his own. Twit!

990 days ago
12.

Cheryl A.    

Change his name ti "idjut boy" and be done with him.

990 days ago
13.

oleman    

Maybe he should have learned how to read, maybe some manners would be nice too....total waste of oxygen

990 days ago
14.

Mikey    

Yes, you be igg nant, and 50% of crap = crap. Now put on your plastic $5 sunglasses and STFU.

990 days ago
15.

Luz    

Something very alike happened to Prince, and Michael Jackson formed a foundation to help singers locked in that kind of contracts. He should look into it.

990 days ago
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