Chance the Rapper is currently on the stand, testifying against his former manager, Patrick Corcoran. The case centers on a $3 million contract dispute stemming from their professional relationship. Corcoran claims a handshake deal entitled him to 15% of Chance’s net proceeds, even after his termination. However, the rapper is presenting a different account of their agreement.
What Happened
The rapper, whose real name is Chancelor Johnathan Bennett, took the stand on Tuesday, March 10. He told the court that he never agreed to a “sunset clause” in his arrangement with Corcoran. According to Chance, their agreement was at-will and didn’t specifically address termination details. He stated, “We never described it as a contract until he sued me.”
Furthermore, the rapper explained that the discussion around payment was focused on how he would pay Corcoran. He maintained that he consistently paid his former manager 15% of net proceeds throughout their working relationship. Chance also added that he could not recall a single instance where Corcoran did significant work and was not paid.
Background of the Dispute
Chance the Rapper stated that he paid Corcoran a total of $11 million over their time working together, from 2012 to 2020. He noted that Corcoran was the highest-paid person on the payroll for his company, Chance the Rapper LLC. Corcoran’s lawsuit, filed in 2020, claims he was fired in 2019 due to “fan disappointment” with the album “The Big Day” and its tour. He was subsequently replaced by Chance’s father and brother. Corcoran is seeking $3.8 million in unpaid commissions.
Additionally, Chance filed a countersuit in 2021, seeking over $1 million in damages. He alleged that Corcoran failed to perform his managerial duties. The rapper claimed his former manager was disloyal and prioritized his own interests. These alleged actions, Chance claims, led to business deals that negatively impacted his career. The civil trial is expected to last around two weeks
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