The Big Boss is making money moves!
Rick Ross just paid off a major bill! The rapper dished out a little more than $4 million to settle a tax debt from 2012.
In light of the huge payment, reported to be exactly $4,617,370.86, the Department of Treasury filed a Certificate of Release of Federal Tax Lien. The lien, alongside a warning that the government would begin seizing the rapper’s assets, was handed down to Ross in 2016.
This news comes after 50 Cent had to take a big spoon full of Loser’s Soup, after a judge tossed out his case against Rick Ross. The rapper filed a complaint back in 2015, asking that Ross be disallowed to remix his 2003 single “In Da Club.”
However, Ross’ lawyer Leron Rogers reported that the presiding judge found no merit to the suit, tossing the whole thing out. The judge reasoned that because 50 does not own the copyright or master recordings, there’s no case.
This is the second loss the “21 Questions” rapper has taken to Ricky Rozay in a court room. Three years ago, 50 was ordered to pay a whopping $7 million in damages after he posted Ross’ baby mama’s adult tape online.
The case led 50 to file for personal bankruptcy.
Rick Ross and 50 Cent’s remix situation played out much differently than Jacquees and Ella Mai’s. Ella actually found herself under fire after fans learned that Jacquees — a fellow R&B singer who is known for remixing other artists’ songs — was forced to remove his version of her song “Trip” from the internet.
Though the single is doing numbers on the music charts, Jacquees’ version seemed to be getting more streams on Youtube and SoundCloud. As a result, a cease and desist order was issued to the New Orleans star.