Getting Scoot-E Money: Ray J Strikes $31 Million Deal With His Tech Company

Ray J  Secures $31 Million Bag In Tech Deal

Ray J has made some positive news this week, for his bank account. The crooner just secured a $31 Million deal according to The Grio. Ray J just scored a wholesale deal, where he’ll launch a new brand of transportation. The deal would see Ray J taking an active role in the partnership (Cowboy Wholesale) by overseeing global branding strategies and overseas marketing.

Ray J’s open foray into the tech world began a few years back when he debuted his “Scoot-E” bikes on Love and Hip Hop Hollyweird. The Bikes have since been on billboards and sold online for around $900 a pop. Good deal Ray J!

“The world is moving towards renewable green energy, and electric transportation is a big part of that. With the Raycon movement, we are going to make sure we are one of the first ones there,” said Ray J, according to a press release.

Raycon is set to launch in mid-November.