50 Cent
Young Buck is selling his entire catalog to pay debts to 50 Cent
The music catalog of David Darnell Brown, popularly known by his stage name Young Buck, is heading to the auction block to pay debts to his creditors and that includes his former G-Unit mate, 50 Cent.
AllHipHop.com can confirm that the catalog, comprised of performance royalties, mechanical royalties, publishing royalties, and song copyrights, was valued at over $700,000 by SongVest, a brokerage firm specializing in selling music royalties.
Trustee Erica R. Johnson believes that the catalog sale will generate sufficient funds to pay off all creditors, including 50 Cent, to whom Young Buck reportedly owes $250,000.
As part of the plan, SongVest will be engaged to facilitate the sale to a private network of approximately thirty investors.
It seems Young Buck is not worried about it. Yesterday, he put up a story on Instagram, saying he’s richer than ever and announced future plan with former Eminem’s Shady Records artist, Yelawolf.
“Real TRUE FRIENDS Are Really Rare. I Have A Lot Of Associates… But Only A Few TRUE FRIENDS!! Today I’m Giving My Brother/Real Friend @yelawolf His Flowers!! Thanks For EVERYTHING‼️ You Have Motivated Me To Keep Going No Matter What I’m Going Thru…Or Been Thru!! And I Can Honestly Say… THE BEST IS YET TO COME FROM BOTH OF US!!! Now Stay Tuned.‼️‼️‼️‼️ – he wrote on Instagram.
Check out the details in the video below:
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