YOUNG BUCK REPORTEDLY AUCTIONING OFF CATALOG TO PAY $250K DEBT TO 50 CENT

 

Young Buck is reportedly auctioning off his catalog to help pay off a massive debt he owes to 50 Cent.

The pair have been at serious odds with each other ever since Buck said the G-Unit leader forced him to declare bankruptcy in 2020.

50 had sued Young Buck over music he claimed was still owed to G-Unit, and according to court documents presented in Buck’s bankruptcy case, 50 planned to claim two owed albums and a $250,000 debt from Buck, citing a two-year agreement he signed back in 2014.

Now, it seems Young Buck — who has struggled with financial woes in recent years due to child support debts and issues with the IRS — is going to serious lengths to pay back the Power mogul, with AllHipHop reporting that the Tennessee rapper is selling off the rights to his music in order to generate some revenue.

The outlet confirmed that Buck is auctioning off his performance royalties, mechanical royalties, publishing royalties and song copyrights, which have been valued at over $700,000 by brokerage firm SongVest, which specializes in auctioning off music royalties.

Trustee Erica R. Johnson told the outlet the catalog’s auction will likely be enough to pay off some of Buck’s creditors, including 50 Cent.

Buck has been very transparent about his situation with 50 Cent, saying in an interview with the It’s Tricky with Raquel Harper podcast that the Get Rich Or Die Tryin’ rapper was to blame for his bankruptcy filing in 2020.

“Once he stopped me from being able to make money, I filed another bankruptcy,” Buck said. “They stopped him from being able to cease-and-desist in regards to me being able to, you know.”

He continued: “I included what he claimed that I owed him in the bankruptcy to be able to say, ‘Well hey, if you’re owed this and present whatever receipts or whatever… You will be paid type of situation.’ But that was the only way I was able to go forward with working, so.”

However, Buck clarified that he would never pursue any legal action against his former collaborator.

“We at a standstill, I’m definitely not looking to go down a whole long drawn-out court situation, things like that, when it could all get handled and be done on a business level if we had that conversation to get that clarity,” he said.

“He could get whatever he’s looking for from me, I can get what I’m needing from him. I can move on with my life, and continue feeding my kids.

“He could do the same. Like I said, my biggest situation was the fact that he sent cease-and-desists out to try to stop all of my music, and get everything pulled down based on saying I’m still an artist on G-Unit.”

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