Young Buck Owes Over $11 Million


Young Buck Posing For Paparazzi

Rapper Young Buck faces claims that, according to reports, have reached $11.5 million; $10 million of which come from his former label, G-Unit. G-Unit Records has filed a $10 million claim against former artist Young Buck in the event that he breaches his contract with the label. Additionally, 50 Cent has filed a $171,000 claim against Young Buck for a loan he gave his former artist back in 2005.

Robin Mitchell Joyce, Buck’s attorney, blames 50’s G-Unit imprint and the deal they gave Buck for causing some of his financial woes.

“One of the biggest problems with Buck’s situation is not only that it’s so complex, but also that he didn’t understand it,” Joyce told The Tennessean. “The money went in and the money went out and Buck’s universe of knowledge about his financial state is a balance on an ATM receipt. … Buck never knew at one point, at several points, that he was a millionaire.”

Young Buck also faces 10 years in prison after a March 7th arrest on federal gun charges.

Read more @ HipHopBlog



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