So Jay-Z may have made $50 million from Ace of Spades...

"All of them confirmed that Jay-Z receives millions of dollars per year for his association with Armand de Brignac. The connection wasn't through the Cattier family, but through Sovereign Brands. The production cost per bottle of Armand de Brignac is about $13; the wholesale price is $225. The maximum output is 60,000 bottles per year. If Jay-Z splits the $212-per-bottle profit evenly with Cattier and Sovereign, a back-of-the-envelope calculation suggests his annual take would be a little over $4 million. One of my sources confirmed that number, and added that Jay-Z may have received equity in Sov­ereign Brands worth about $50 million." - The Atlantic


Spoiler [+]
jayandnas.jpg
 
Originally Posted by ILLIONAIRE

Originally Posted by ATGD7154xBBxMZ

So?
Profiting off crappy champagne is a win in my books, ATGDJUQJDNU6784endnxjn8nwdh8.
So this is a thread about winning?
Via All Hip Hop
Young Buck’s troubles continue to deepen, as claims against the rapper have reached $11.5 million, with $10 million of the claims coming from his former label, G-Unit. (March 21st).

According to The Tennessean, 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, in his ongoing bankruptcy case.

Rapper 50 Cent has also filed a $171,000 claim against Young Buck, claiming he loaned his former artist $300,000 in 2005.In all, Young Buck has 14 claims against him in the bankruptcy proceedings, which total a whopping $11.5 million dollarsYoung Buck’s lawyer Robin Mitchell Joyce blamed some of Young Buck’s financial troubles on the deal he signed with 50′s G-Unit imprint. She claims that G-Unit managed Young Buck, handled all of his business, provided legal counseling and acted as his booking agent. This could have put anyone working with Young Buck in danger of running afoul of 50 Cent, especially after the two men began to feud. Read the rest below

I-aint-even-mad.jpg
 
Originally Posted by ILLIONAIRE

I NaSmatic I wrote:
You're the biggest Jay groupie. Where your pride at? Get off his sack.

nas-foreveralone.jpg


@%!#+ please. If you go to the College Basketball thread you'd know the story behind this account. Ol Easter Island statue in the face looking +%* @%!#+.
 
I don't know if he still is but he was part of strategic marketing & creative development with Budwiser, around the time of the Kingdom Come album  

I took a wrong turn somewhere in life
 
Jay-Z could start promoting Cook's and it'd start selling for $1500 in the club. Champagne prices are just dumb.
 
When they say the production cost is $13/bottle does that include overhead, administrative, etc. or just the bottle, packaging, and cost of the liquid? 'Cus if it's $13/bottle out the door than that Champagne is absolute $#&!
 
I NaSmatic I wrote:
Originally Posted by ILLIONAIRE

I NaSmatic I wrote:
You're the biggest Jay groupie. Where your pride at? Get off his sack.

@%!#+ please. If you go to the College Basketball thread you'd know the story behind this account. Ol Easter Island statue in the face looking +%* @%!#+.


For those of us that don't visit S&T, enlighten us with the story behind your account name. I'm curious.
 
Back
Top Bottom