#Chance the Rapper’s Ex-Manager Sues for Millions, Trashes The Big Day
“#Chance the Rapper’s Ex-Manager Sues for Millions, Trashes The Big Day”
According to the lawsuit, Pat Corcoran and Chance the Rapper, whose real name is Chancelor Bennett, began working together in May 2012 when they agreed that they “could profit from the music industry independently… and set out to transform Bennett’s music into a global brand.”
In 2013, Corcoran and his lawyers claim, Chance and Corcoran entered into the agreement that would pay Corcoran 15% of net profits from merchandise, tours and concerts, mixtape and album streams and sales, branding deals and endorsements, and film and TV ventures. The agreement was allegedly honored until April 2020 when Chance notified Corcoran that he was “terminating [his] engagement of Pat Corcoran and all entities controlled by Pat Corcoran.”
Corcoran alleges that he is owed over $3 million for commissions due to the streaming and sales of 10 Day, Acid Rap, and The Big Day, as well as proceeds from Live Nation Touring and commissions related to Chance’s participation in Season 2 of Netflix’s Rhythm + Flow.
In the lawsuit, Pat Corcoran also claims that Chance the Rapper fired him and replaced him with his father Ken and brother Taylor Bennett due to “fan disappointment in Bennett’s most recent album [The Big Day] and underwhelming fan support for its associated tour.” Corcoran and Chance’s relationship apparently began to fissure when Chance, in February 2019, announced a July release date for his debut album. The lawsuit reads:
Later, Corcoran acknowledges that The Big Day “was panned by many influential critics” and calls the album Chance’s “least popular project to date.” In addition, Corcoran says it was his idea for Chance to postpone his tour, which allegedly had “low ticket sales and poor attendance projections,” to “use the time to regroup and refocus.” The tour was ultimately canceled.
The lawsuit states:
Corcoran also says he recommended Chance “step away from the public and regroup” instead of performing on Ellen, Good Morning America, and The Late Show With Stephen Colbert. Corcoran claims that the TV appearances “only forced Bennett to publicly address his album’s shortcomings, rather than generate excitement about a newly-released album, which is what such appearances are calculated to do. These appearances served only to further exacerbate the failure of The Big Day.”
Pitchfork has reached out to Chance the Rapper’s representatives, as well as Pat Corcoran and his legal team.
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