YMCMB Sued By Boy Group, Claims Contract Wasn’t Fulfilled

Cash Money Records and Young Money are back in the news again for claims of not paying up.

According to TMZ, a young group called W3 The Future were signed to YMCMB then mysteriously dropped from the label. They are currently suing Cash Money for an estimated $600,000, which is the amount of the advance they were contracted to receive.

The group’s production company Grassroots Productions sued Young Money Entertainment and Cash Money Records, claiming it signed a record deal last May in which Cash Money promised $600,000 to cover both the group’s advance … as well as the recording budget for their first album.

Grassroots claims YME and CMR paid the initial recording fees but ultimately failed to pay the bulk of the $600,000 … even after W3 The Future delivered their album months later as promised.

Grassroots says CMR simply told them, “Cash Money is not moving forward with this project.” And that was that.

Stay tuned as this story develops…