Travis Scott is in the news again following the “balcony jumping” controversy earlier this week. The rapper who was formerly dealing with Lyor Cohen’s management company LCAR Management is now reportedly being sued by the organization for $2 million.
The lawsuit alleges that Scott has not honoured their agreement which saw the company receiving 15% of all Travis Scott earnings between 2014 and 2017. The company believes that during the 3 year term they should have received about $2 million bu only received $37,000.
TMZ followed up this original report with an update from “sources close to Travis,” who said that Scott felt as though Cohen and LCAR “weren’t lifting a finger for him” and that “he was managing his own career… so he left for a better management company.” The source went on to brand the lawsuit as “ridiculous.”
Cohen is currently the head of Global Music at YouTube and was an executive at Def Jam before starting LCAR.