Old Slaves: Entertainers Who Signed Bad Record Deals
Salt-N-Pepa
When Salt-N-Pepa signed their first deal with Next Plateau Records in 1985, the women unknowingly agreed to be paid half the going cent-per-album rate with no option to renegotiate their contract no matter how successful they’d become in the future (which of course was very successful). By their third platinum album, the group members were only making about $100,000 a year each, while their management was making millions.