(FreshAsFrankie) It looks like the legal battle between Future and Rocko that’s been going on for well over a year may have at long last reached a resolution.
As some may recall, Rocko sued Future early last summer over a claim that he failed to hold up his end of a business deal. Future signed a deal with Rocko’s A1 Recordings in 2011, and he allegedly agreed to put out six albums with the label. According to Rocko, Epic Records signed on to distribute the albums but Future allegedly cut a side deal that allowed the rapper to see multi-million dollar advances for the project. In the suit, Rocko was originally seeking $10 million.
Future fired back with a suit of his own, claiming that the advances he received from Epic were not contractually conflicting. The suit also claimed Rocko didn’t honor the deal because he never covered any recording costs or paid Future an arranged $10,000 advances per album.
Now that the case has been dismissed, it appears Rocko came out on top after his lawyers told TMZ he’s happy with the “very successful result.”
Sources tell the site Rocko’s payout was in the seven-figure range.
DeRon Beasley is the founder and Editor-in-Chief of FreshAsFrankie.com. After starting out as a musician-producer he went on to study the music business and work in Urban Promotions, followed by artist management. Mr. Beasley entrepreneurial spirit has led him to launch numerous businesses in music and fashion marketing. He’s a huge fan of the ’80s and ’90s Hip Hop and R&B, and he’s a firm believer that Hip Hop Music will never die.