.jpg)
Chicago’s most notorious teenage rapper certainly has something to celebrate when he turns 18 on Thursday. Chief Keef’s official entrance into adulthood marks the end of court-control of most of his record contract cash. Because Chief Keef was a minor when he inked that deal, state law required Interscope Records to deposit the bulk of the rapper’s advance — about $500,000 — into a court-administered trust fund on his behalf, according to court papers. That cash had been held in so-called “blocked trust” controlled by his legal guardian — his grandmother, Margaret Carter — until the rapper, born Keith Cozart, turned 18. On Wednesday, Chief Keef’s outspoken “Granny” told DNAinfo.com Chicago she’s proud that her gangster-rap grandson — whose unexpected rise to fame was tainted by repeated run-ins with police that included a 60-day stint in juvenile jail for violating probation after pointing a gun at a cop — made it to manhood. “Oh, I’m happy. Proud. Sometimes we gotta let kids hit their own brick wall. Can’t tell these kids nothing,” Carter said. “But he’s learned a lot. He’s become much more mature than he was. He’s changed.”
(link below)
http://www.dnainfo.com/chicago/20130815/englewood/chief-keefs-18th-birthday-brings-man-sized-pay-day
Friday, August 16, 2013
18TH BIRTHDAY BRINGS BIG PAY DAY FOR CHIEF KEEF
Chicago’s most notorious teenage rapper certainly has something to celebrate when he turns 18 on Thursday. Chief Keef’s official entrance into adulthood marks the end of court-control of most of his record contract cash. Because Chief Keef was a minor when he inked that deal, state law required Interscope Records to deposit the bulk of the rapper’s advance — about $500,000 — into a court-administered trust fund on his behalf, according to court papers. That cash had been held in so-called “blocked trust” controlled by his legal guardian — his grandmother, Margaret Carter — until the rapper, born Keith Cozart, turned 18. On Wednesday, Chief Keef’s outspoken “Granny” told DNAinfo.com Chicago she’s proud that her gangster-rap grandson — whose unexpected rise to fame was tainted by repeated run-ins with police that included a 60-day stint in juvenile jail for violating probation after pointing a gun at a cop — made it to manhood. “Oh, I’m happy. Proud. Sometimes we gotta let kids hit their own brick wall. Can’t tell these kids nothing,” Carter said. “But he’s learned a lot. He’s become much more mature than he was. He’s changed.”
(link below)
http://www.dnainfo.com/chicago/20130815/englewood/chief-keefs-18th-birthday-brings-man-sized-pay-day
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment