Looks like Cardi B has pulled off a Christmas miracle! While families were enjoying the holiday season with loved ones, Cardi was busy settling a $30 million battle with her former manager Klenord “Shaft” Raphael, according to documents obtained by AllHipHop.com.
Back in 2018, Shaft filed a $10 million breach of contract lawsuit against Cardi B, claiming she tossed their agreement aside to sign with Quality Control. His original lawsuit claimed he helped with Cardi’s breakthrough by securing her appearance on “Love & Hip Hop” and connecting the rap star to publishers and producers who created her breakthrough hit “Bodak Yellow.”
Cardi B and her team denied these allegations, later filing a $30 million counterclaim accusing Shaft of playing her since she originally signed her deal without a lawyer present. Cardi B claimed Shaft breached their agreement by not providing accurate accounts of her earnings, as well as taking bigger chunks of her money illegally.
Shaft’s lawsuit halted Cardi’s recording career and millions in royalties from her label Atlantic Records, all while at the height of her career. After two years, Cardi’s lawsuit has been entirely dismissed with prejudice, meaning neither party involved can bring the other back into court over this dispute. “This action, including all claims and counterclaims, is hereby dismissed in its entirety with prejudice against all parties. The parties have further agreed that all parties to this action shall bear their own costs and attorney’s fees,”. Now, all of Cardi’s royalties owed for music will be properly distributed.
You know what that means, new music will definitely be coming in the future by our girl Cardi B! It’s safe to mention that the rap star is still finalizing a renegotiated contract with Atlantic Records, get ready Bardigang!