Fivio Overseas explains how he spent the $1.7 million he was signed for after $750,000 of that deal went into Ma$e’s pocket.
Fivio Overseas Says Ma$e Bought $750,000 of Fivio’s $1.7 Million File Deal
On Wednesday (Feb. 7), one other section of Fivio Overseas’s multi-part interview on Math Hoffa’s My Professional Opinion podcast was launched. On this a part of the prolonged interview, the Brooklyn rapper detailed his storied monetary previous with Ma$e. Fivio claims that when he first signed with Ma$e’s RichFish label in 2018, $750,000 of the $1.7 million deal went straight again to the Harlem rap legend himself.
“I obtained the 1.7,” Fivio Overseas explains on the 5:14-mark within the video under. “So, what I did was, he obtained half of that deal. So, yeah he obtained $750,000 then, I obtained the remainder. So, that is how that went. Then, once I obtained the remainder, they gave me an advance out of that.”
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How Did Fivio Overseas Spend the Advance Cash From his $1.7 Million File Deal?
As soon as Ma$e allegedly took his reduce, Fivio was then given an advance out of the rest of what was left from his total deal of $1.7 million. In breaking down how he spent the advance, Fivio realized a really useful lesson about correctly dealing with his funds.
“My advance was like $300,000,” Fivio’s story continues. “With that $300,000, the neatest factor I did was I purchased a truck, bulletproof. That was $100,000. Then, I purchased chains for everyone, proper, $75,000. I am simply doing the maths so you possibly can perceive the place my cash was going.”
He provides: “I obtained a crib in Tenafly, New Jersey for n***as. I paid it off. I did not even find out about placing cash down for a mortgage or nothing. It was a rental home. I did like $90,000 on the rental once I might’ve put cash down for a property. Now, I do know. I’d by no means do this once more. So, that is like $250,000 gone already.”
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Within the video under, watch Fivio Overseas clarify his $1.7 million report deal and the way he spent his advance after Ma$e obtained his $750,000 reduce.
