Old Slaves: Entertainers Who Signed Bad Record Deals

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Soulja Boy

Image Source: WENN.com

Soulja Boy

Soulja Boy’s career has been struggling for a while now, and part of the reason, he claims, is because of his ex-manager, Philip Ransom. According to a lawsuit filed by Soulja Boy in 2011, Ransom pressured him into signing an “oppressive” contract when he was just 16 years old. The contract gave Ransom 5% of Soulja Boy’s income forever and gave 50% of copyright ownership to the record label. But Ransom has denied doing anything wrong and even went so far as to countersue Soulja Boy for money still owed.

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