Travis Scott Sued By Former Managers Over Unpaid Fees
Travis Scott is being sued by his former managers over allegations he hasn’t paid them in full. According to TMZ.com, LCAR Management, owned by music industry veteran Lyor Cohen, have filed paperwork claiming that Scott signed a three-year contract in October, 2014, guaranteeing them 15 per cent of everything he made in the entertainment field. They claim they should have earned at least $2 million by now, but have only been paid around $37,000.
The company claim to have made repeated attempts to persuade Scott to live up to his end of the deal since 2015, but with no luck. They allege the only thing they have received is a letter from Scott’s attorneys, saying that their services were no longer required.
LCAR Management are suing to get accounts detailing what he has earned since 2014, and to get paid in full.
Sources close to Scott told TMZ that he signed the deal in good faith, but felt he was managing his own career because LCAR boss Lyor Cohen and his employees weren’t helping him. The insider added: “It’s ridiculous that Cohen, the head of global music at YouTube, would file such a frivolous lawsuit.”