Gucci Mane’s Management Accused of signing Bad Contracts
Written by DJ Special Blend from Chicago on December 4, 2009
Gucci Mane‘s Management is being accused of federal fraud.
Ozone Magazine published an article on Monday citing several club promoters who claim that Gucci Mane’s management cheated them out of hundreds of thousands of dollars. The management team, which consists of booking agents Johnnie Cabbell and Debra Antney, is being accused of signing bad contracts.
Promoters are claiming hundreds of thousands of dollars in losses due to shows being scheduled, but not ever taking place.
“Johnnie Cabbell is the grand vampire,” claimed Chicago promoter Godfather, who has been promoting concerts for over two decades and estimates that he lost almost $100,000 working with Gucci’s managers. “I don’t work with Johnnie anymore,” he said. “He sucks the blood out of you.”
I’m wondering how much damage was done due to jail time.
In July 2009, Gucci Mane headlined the ‘So Icey’ tour along with OJ da Juiceman and Nicki Minaj. However, all three of the artists failed to show up for the first scheduled shows in Florida, according to Ozone, leaving promoters to suffer losses of over $140,000. Out of the twelve shows that were scheduled, Ozone claims that six or more shows never happened, enraging promoters who clamored for refunds but were denied. (HipHopDX)
