T-Pain’s Ex-Manager Accuses The Singer Of Excessive Spending
Even though he’s made millions of dollars throughout his successful career, T-Pain is now being accused of losing his hefty fortune due to excessive spending, according to his former manager.
The spending reportedly got so bad that the artist was unable to pay his management team, which is said to be the reason he has now had a federal lawsuit filed against him.
According to reports from The Blast, Chase Entertainment, the group suing the rapper stated: “In a futile effort to come up with a negotiating strategy to help T-Pain leverage his way out of his irrefutable legal obligation to pay Chase post-termination management commissions, believed to be in excess of $1 Million, T-Pain finds himself reduced to fabricating absurd and baseless claims against his former manager. Despite repeated demands by Chase, T- Pain has refused to account to or pay Chase for their rightful share of commissions.”
This statement comes after T-Pain originally filed a lawsuit against them, claiming that he is the one who was owed money by the management company–$1 million to be exact.
On the contrary, Pain has stated that he paid all of the commissions he owed over the years and did so on time, too. In the artist’s lawsuit to Chase Entertainment, the rapper stated that they failed to pay for the expenses they were supposed to and that they did not provide any accounting work for his finances.
Now, Chase Entertainment is the one seeking $1 million in damages from the rapper. They have also denied all the allegations T-Pain has thrown at them in his lawsuit prior.