Mase Calls Fivio Foreign’s Comments “Reckless,” Says Deal Was $750K
Last week, Fivio Foreign sparked a viral conversation about artists getting their coins. Speaking on Million Dollaz Worth of Game, Fivio said he once signed a deal with Mase with an advance of $5,000. Though the coins only last two weeks, per Fivio, he’s still under that contract. Well, Mase took to the same platform Fivio spoke on to give his take on the moment prompting folks to call him Diddy 2.0.
“Cause what he came up here and said was very reckless,” Mase said regarding Fivio’s comment about the advance.
One of the hosts, Wallo, interrupted with the question, “Hold, did you give him $5,000, though?”
“No, I gave him $750,000,” Mase said. Wallo interrupted again, asking, “You never gave him $5,000?” Mase responded, “At one time I gave him $5,000, but I gave him $750,000.”
Mase Says He Gave Fivio Foreign $5,000 Advance To Structure Larger Deal
Not missing a beat, Wallo asked why the rapper-turned-minster gave Fivio $5,000.
“Because I set him up to do a deal to where I could control the deal, make the deal what it should be,” Mase said. “Because I knew if he had the leverage, he would go in there and sell both of us out. So he wasn’t able to do that because of the way I structured the deal. But then when we went in the building, I took $800,000, he took $700,000.”
The rapper said Fivio ended up with $700,000 because he took a $50,000 cut. This hefty fee was for “all the money that [Mase] was spending until [Fivio Foreign] got the deal,” Mase said.
Documents Surface Showing $5,000 Advance
On Monday, TMZ published 2018 documents that show the $5,000 advance both parties mentioned. The $750,000 deal Mase mentioned came with signing to Columbia Records.
Though Fivio is still under the contract with the rapper, the Headshot rapper confirmed in 2020 that he owns his publishing. The deal with Mase is a “production deal,” per the Hot 97 2020 interview. Mase confirmed this in the recent podcast interview.
Fivio has not responded to Mase’s “reckless” label or confirmation of the $5,000 advance.
Want updates directly in your text inbox? Hit us up at 917-722-8057 or click here to join!
- WriteSome Raises Pre-seed Funding of Undisclosed Amount to Expand its App to Mass Market December 1, 2022
- IppoPay Acquires Roamsoft Technologies to ramp up developer base December 1, 2022
- Movate Recognized as a Market Leader in ISG Provider Lens™ Future of Work – Services and Solutions 2022, U.S. December 1, 2022
- PrimeOS Raises $1 Mn in Seed Round, Provides Partial Exit to Early Backers, Including VCats, at 3X Valuation December 1, 2022
- Speakin Raises Pre-Series A Round, Welcomes Top Tech Doyen as Investor December 1, 2022