Contract Details:
Artist-(Hayden Richards)
Record Label-(Interscope Records)
Year Signed-(2018)
Signed Through-(2022)
Contract Type-(Licensing Agreement)
Number Of Albums-(5)
Length Of Agreement-(4-Years)
Representation-(IMG/WME)
Salary-($3 Million Per Year)
Contract Breakdown:
2018-($3 Million)
2019-($3 Million)
2020-($3 Million
2021-($3 Million)
2022-($3 Million)
Total-($15 Million)
Contract Notes:
2020-2022 Royalty Bonus: $7 Million
2023-2024 Deferred Payment: $4 Million in 2023 and $6 Million in 2024
Deferred Contract:
Length-(2-Years)
Salary-($11 Million)
Contract Notes:
2025-2026 is void
Cannot renegotiate or re-sign
Payments were negotiated in and agreed to in his previous contract
