Chief Keef is ballin yoh! Interscope offered dude 6 million dollars! BUT he has to sell 250,000 records by the end of this year or it could be BYE BYE CHIEF KEEF? You read the story below and you will see what it's really hittin for. The record industry is no joke yoh!
CHIEF KEEF'S INTERSCOPE RECORD DEAL WORTH $6 MILLION: According to DNAinfo.com, a Cook County, Illinois chancery court released info on Chief Keef's recording contract with Interscope. The three album deal is reportedly worth $6 million, but is incentivized throughout as it is based on record sales and other metrics. Chief will reportedly been giving a $440,000 advance -- and half will go to Chief's legal guardian and grandmother will put into a trust fund. Keef received $300,000 to record his project. The deal also states that if Keef doesn't sell at least 250,000 records by December 2013, Interscope reserves the right to drop the subsequent album releases which include two albums and a compilation record.