Young Thug Sued For $6M By Concert Promoter While In Jail!!

[social_warfare]

Young Thug is being sued for nearly $6 million by concert promoter AEG Presents.

According to documents obtained by AllHipHop, AEG is suing the rapper for a $5 million advance for the exclusive rights to all of Young Thug’s concerts. Thugger signed an agreement in 2017 but AEG is claiming that he breached the contract by booking side deals.

Young Thug and Gunna talk to eachother for the first time since their arrest on May 9th, 2022.

They was told to mute their microphones, then they unmuted as soon as the people left the court for a break, and started talking again. #GOATS pic.twitter.com/jrHH4Jnbzs
— KING SPILL (@1vengster) August 18, 2022

“Despite having granted AEG the exclusive right to promote Mr. Williams’ concert performances under the terms of the 2017 Artist Agreement, YSL and Mr. Williams immediately failed and refused to honor their respective obligations under the 2017 Artist Agreement by, among other things, disregarding AEG’s rights, performing concerts without AEG’s involvement, and retaining all proceeds generated therefrom,” the lawsuit reads.

The company says they also “have the right to take control of the Young Stoner Life brands, portions of his publishing catalog and the Young Thug trademark” to get their millions back.

A trial has been set for October 2023. Thug is currently in jail fighting RICO charges.

[social_warfare]