Akademiks Wanted to Sign Fivio Foreign Before Ma$e's $1.5 Million Deal
Akademiks I Was Gonna Sign Fivio Foreign!!! Ma$e Hooked Him First for $1 Mil
Fivio Foreign and Ma$e's contractual disputes are providing interesting chatter from both parties, but Akademiks says the whole clash wouldn't be happening ... if he had stretched his own bank account and struck a huge deal.
While talking about the ongoing beef with VladTV, Akademiks said he has a deal with a label in order to sign artists, and he once had his sights set on Fivio.
During summer 2019, Fivio's breakout single "Big Drip" made him a hot commodity on the New York drill rap scene and Ak says he talked with his lawyer about potentially reeling in Fivio.
Ak eventually got word that Ma$e and his RichFish label wanted no less than $1 million dollars to join forces to sign the rapper -- and while he backed off, Columbia Records jumped in with $1.5 mil to sweeten the deal.
Akademiks says that was too rich for his blood, but he believes it was really Ma$e's celebrity that ultimately prompted Fivio to sign -- a signing that's now a major point of contention for the drill rapper.
Per the contract's design, Ma$e is poised to get 50% of Fivio's earnings AKA the standard in a 50/50 deal, which leads to bigger payouts for the Harlem World rapper as Fivio's status grows.
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Both Ma$e and Fivio have publicly dissed one another with their various sides of the story, and Ak says Fivio's just about due for a new deal where he could get upward of $5 million.
It sounds like mo money, mo problems for Fivio ... until he signs on a new dotted line.