Young Thug's legal battle with AEG comes to an end
Young Thug from his Instagram

Young Thug's legal battle with AEG comes to an end

In a recent development in the ongoing saga of Young Thug’s legal issues, the rapper has finally reached a resolution regarding his multi-million dollar dispute with concert promoter AEG.

This legal battle, which dates back to 2020, revolved around allegations from AEG that Thug failed to adhere to a touring contract established in 2017. The lawsuit alleged that the artist owed over $5 million and that his music rights were collateral for the debt.

On February 14, legal representatives for both parties submitted a motion in federal court indicating they had come to a settlement. The specifics of this agreement were not revealed in the court documents, and both parties have not made public statements about the settlement. A federal judge officially confirmed the settlement on February 18.

This resolution comes at a significant moment for Young Thug, who is poised to return to the concert stage following a plea deal related to prolonged legal troubles in Atlanta. While this plea agreement has stringent stipulations, it allows him to continue his music career without facing prison time.

AEG initially filed the lawsuit against Thug in December 2020, asserting that he breached their touring agreement by organizing performances independently, thereby bypassing the promoter and retaining the financial benefits for himself. According to AEG, Thug had received a $5.3 million advance under the contract, which has not been repaid, with the company claiming rights to Thug’s song copyrights as security for the debt.

Further complicating matters, AEG alleged that Thug sold over 400 of his songs for upwards of $16 million to an unnamed buyer in 2021, raising questions about the nature of these transactions amidst the ongoing lawsuit.

The civil case had been stalled since May 2022 due to Thug’s broader legal challenges, including charges connected to a racketeering case involving his YSL group. After enduring a lengthy trial and a two-year period of incarceration, Thug entered a guilty plea recently, receiving a sentence of probation only.

Following the resolution of his criminal case, AEG sought to resume the civil lawsuit, citing that the criminal proceedings no longer hindered progress. However, significant litigation did not ensue before the settlement was finalized.

Dylan Tarre

San Francisco, CA

Webmaster

What do you think?

Show comments / Leave a comment