Shibuya Tyson Throw Back Interview With Fredo Santana
Fredo Santana took time out his busy day to talk to me about what him and the Glory Boyz had going on during there rise of 2012. Fredo lil cousin Chief Keef took social media by storm when his single "Bang" produced by Djkenn went viral.
Chief Keef along with his Glory Boy entertainment including Fredo Santana, Gino, Ballout, Taedo was being recruited by every major rap label.
At the time of this classic interview Jeezy The Snow Man had just left Keef and in the interview Fredo says don't be surprise if we end up on Cash Money we just talked to Baby The Number One Stuna.
Check out the full interview to see what was said and how everything played out after Chief Keef decided to sign with Interscope Records. belwo is the break down on how 2012 Chicago's biggest rappers got paid upfront.
According to contract paper work in court documents
Chief Keef received at least $300,000 to cover the cost of recording "Finally Rich," which sold 50,000 copies during the first week it was released.
In a separate three-year deal to establish Chief Keef's record label "Glory Boyz Entertainment" — GBE for short — Interscope Records forked over another $440,000 advance.
That agreement calls for both Chief Keef and his manager, Rovan Manuel, to each be paid $180,000. The deal calls for 15 percent of Chief Keef's advance to be put in his trust fund, according to court papers.
The GBE operating agreement for Chief Keef and Manuel to each own 40 percent of the record label, a subsidiary of Interscope.
Fredo Santana, was paid a $40,000 advance and received 10 percent interest in the label. Chief Keef's uncle, Alonzo Carter, and Anthony H. Dade also each hold 5 percent ownership of GBE, according to court papers.
The contract also had Interscope agree to pay GBE $200,000 for "overhead" expenses, which include office, travel, entertainment and "salary cost" and additional money for marketing, according to the contract.
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