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BLIND ITEM: SNOBBY RAPPER IN DEBT

Wednesday, April 25, 2007

A great buzz was generated before this rapper released his album, so much so, that he purchased numerous luxury items (including bling) on credit, anticipating a huge cash flow. Although the album had strong sales it’s first week, it fell off the charts within the next few weeks due to illegal downloading.

Now, this rapper is in debt with jewelers, casinos and creditors. It’s doubtful that he can recover because he alienates the people who can help him: Promoters, agents and the fans who buy his music. It seems as if he has an intense hatred for his fans, he’s been in numerous unreported altercations with fans who simply ask for his autograph. He or his bodyguard-either curse out fans, push them aside roughly or threaten them with their lives.

NOTE: All blind items are written by Myra Panache or her staff. No, I do not know what the answer is, after all it is called a Blind Item. Please contact Myra if you have any questions. Thank you.

260 CommentsCOMMENT?

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260 Comments


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151.

Uh Huh

Wednesday, April 25, 2007 /

Busta! What is right now!

152.

southernmello

Wednesday, April 25, 2007 /

I think it’s Busta Rhymes, cause the last album kept getting pushed back and when it finally was release it did big the first week, but fell off plus look at all the tension that has happen around him……..either it’s Busta Rhymes or Rich boy, Rick Ross, The Game…..it’s not Diddy, I’m hoping he got the money to pay off jewelers and creditors, unless them child support payments are too much~

153.

chantel

Wednesday, April 25, 2007 /

Lloyd Banks flopped.

154.

Chanté

Wednesday, April 25, 2007 /

Just because Busta has past successful albums doesn’t mean he’s a millionaire. Toni Braxton was extremely successful but owed millions to her label and got broke. TLC same thing. Busta Rhymes is NOT rich, that’s him. Stop believing MTV CRIBS those things are nothing but illusion, people TELEVISION IS NOT REALITY. Busta Rhymes assaults his fans, he’s a diva, not to say a b*tch. That’s HIM!

155.

Bossy20

Wednesday, April 25, 2007 /

ummm Gucci Mane hell i dont kno….shit it could be any1 of them fools

156.

Aaimah

Wednesday, April 25, 2007 /

Busta Rhymes

Why: His album had a lot of buzz off of his singles and sold well at first.

He’s known for getting rowdy with fans and threatening people.

Busta’s accounts? Have you ever heard of a bad contract? He signed in a time when rappers were paid pennies and he never saw much of a return from his Flip Mode ventures.

To those saying Kanye: When have you ever heard of Kanye attacking fans physically?

Diddy: He’s doing ok. Yes he’s attacked fans but he doesn’t have money problems.

157.

Victor Arumemi

Wednesday, April 25, 2007 /

Some of these guesses are very illogical, let’s keep in mind Diddy is the owner of a multi-million dollar company, Sean John. I don’t like the guy, but let’s think…

158.

PPC

Wednesday, April 25, 2007 /

Kanye? Lupe Fiasco?

159.

Ashley

Wednesday, April 25, 2007 /

lol its BOOSIE….. na jus playin gotta b BUSTA

160.

Beautiful

Wednesday, April 25, 2007 /

I agree with everyone
BUSTA
I read on a couple blogs he is Rude and will attack
Thats what these dumb ass rappers get. They spend too much money and not enough investing
I don’t feel sorry for him or any broke rapper

161.

redbone0717

Wednesday, April 25, 2007 /

You know it is busta crazy ass. He is the only rapper we have recently heard about getting into fight with fans, police, etc……. Another thing the blind item said that he is in debt, not broke. Most people are in debt anyway whether it is credit cards or a house. So who cares karma is a bitch!

162.

MiMIi

Wednesday, April 25, 2007 /

are you people out of youre minds! how in the hell could it be diddy… you guys fail to realize how busniess savvy that he is. i know a lot people hate him but damn admit it, he is RICH.

163.

BashyBoo

Wednesday, April 25, 2007 /

IM GONNA HAVE TO SAY CHAMILLIONAIRE I REALLY LIKE HIM BUT HE FELL OFF, BUT I NEVER HEARD ANYTHING ABOUT HIM GETTING BRAND NEW WITH HIS FANS SO THAT THROWS ME FOR A LOOP BUT EVERYTHING ELSE SPELLS THAT ITS HIM.

164.

Smitty313

Wednesday, April 25, 2007 /

How can yall say Diddy he has like over 300 million dollars to his name. I think it’s Busta. But this could also be Game. But definitly not Diddy he is the riches rapper if you could call him that, then Jigga is right behind him.

165.

QBEVE

Wednesday, April 25, 2007 /

Busta Rhymes, was on trial for kicking a fan and beating up a former chauffeur, rejected a deal that would land him in jail for a cred-building six months. The alternative: probation, anger management, and two weeks of lecturing kids about violence–Source New York Daily News

166.

HOTTER THAN TWO HOT MAN MAKING OUT

Wednesday, April 25, 2007 /

I hope is busta , can’t stand him .

167.

NOTHING HOTTER THAN TWO HOT MAN MAKING OUT

Wednesday, April 25, 2007 /

I hope is busta , can’t stand him .

168.

Shana203

Wednesday, April 25, 2007 /

i see so many posts sayin its BUSTA, im just wonderin how ya know if he did or didn’t invest his money well?

169.

DivaKai

Wednesday, April 25, 2007 /

I say BUSTA RHYMES . He came to mind as soon as I read the blind item. I dont care what anyone saw On MTV cribs, because as several other people mentioned , that is often an illusion. Many of these entertainers are d*amn near broke.You have to realize that when someone signs to a label, the label often gives that person an advance , which can be in the form of cash , cars, houses,etc . That is NOT a gift contrary to belief lol .It is given to the srtist on the basis or rather assumption that they will be able to recoup that money when the artist starts to sell records. When the artist finally releases their album the record company takes back what they advnaced to the artist off the top. Therefore if you are not selling many records than when the label takes back what they ,along with other people who worked with the artist are owed, there will be very little left for the artist! If the album really does poorly than the label may not even be able to recoup all that they are owed. Sometimes jewelry companies and car dealerships will give you things on the basis that they will get paid . If you are an artist that they are familiar with ,than this may make them feel more comfortable leasing. They think taht tehy will get paid back, because of who you are and what you do:)

BUSTA has been known to have more than a few altercations with fans. He has also been said on numerous occassions to have a nasty attitude. He has not done really well with his last album, atleast not as well as anticipated considering all the hype that lead up to its release.
All of you stating that HE cant be broke because of past record sells(LOL ) ya wrong.Unless your a legendary artist with fans who are loyal to you over the years, ya only as hot as ya last record.Many artist are a song away from being a washed up has been. Many of these artist dont budget and invest their money wisely.They live for the moment,and act like the “good times’ will never come to an end. They spend money like crazy ,half the time on stupid shyt ( like big ugly gaudy jewelry), and grills(gold ,diamond,platinum teeth, designer gear.That shyt is cool in moderation if its your personal lol,but those are things that depreciate( have less value over time) and they dont appreciate and work to your advantage like good investment(stock portfolio, businesses,etc)SO YES I THINK ITS BUSTA! He has kids and child support to pay.If hes even paying that could put a nice dent in his cash flow(the price ya pay for sleeping around with groupies ) They may get their money off the top right after the record label,producers,song writers, security team, etc etc.It doesnt matter how much ya makef you dont save, budget,invest wisely,and spend wisely you still wont have shyt!

170.

gurl

Wednesday, April 25, 2007 /

i say rich boy

171.

Ja

Wednesday, April 25, 2007 /

I think it is Jim Jones, Im surprised no one said that. He was “ballin” before he was making money, I heard of different altercations with him and fans..I say Jim Jones. Where is his album?? Was it a single cuz nothing else was bangin like that!

173.

slatewayz

Wednesday, April 25, 2007 /

lupe fiasco

174.

.ice

Wednesday, April 25, 2007 /

LUPE FIASCO… duuuh.

175.

Bella

Wednesday, April 25, 2007 /

it can’t be Dddy, he shows lots of love to his fans through myspace and youtube and stuff.

176.

dg1234

Wednesday, April 25, 2007 /

Lupe Fiasco does seem like a good choice, but I though he was some backpacker, skater dude…never senn him with any jewelry or big cars, but that could have all been an act.

I think it’s Busta Rhymes, his son’s mother was on Wendy Williams a couple years ago and said he was very abusive, and that he doesnt even own a house and wasted all his money on cars and other assorted rap lifestyle bullshit.

177.

Not of any importance

Wednesday, April 25, 2007 /

Whoever it is I’m laughing at they ass. Just cause your album didn’t sell that well doesn’t give you the right to take your anger out on the fans who did waste their money purchasing your album. Why would you spend money that you do’t have before you get it. He put himself in that position. He needs to think before he acts.

178.

monhol

Wednesday, April 25, 2007 /

busta beating up folks. that really makes me laugh. ha ha. trying to be a thug. that is also hella funny. i remember when his ass was saying”it’s just another case of tha old p.t.a.” oh please. he was a member of leaders of the new school how can they be all of a sudden thugged out.?? he needs to stop being fake and be himself.even tupac (R.I.P.) peeped that.tupac knew he was fake. looking like that busta needs to be nice to people. but as they say “you meet the same people climbing up the ladder and the same people when you go down the ladder.

179.

rashad

Wednesday, April 25, 2007 /

Ummm…busta if bootyholes can talk!!!

180.

lihara

Wednesday, April 25, 2007 /

Busta as soon as i read it..so sad he use to live in Brooklyn in the late 90s when he was hot..he was a very cool nice guy..so I hope its not him but so much news about him as been nothing but negative

181.

******

Wednesday, April 25, 2007 /

EVERYONE!!!!!!!!! If u look at comment #49 the person commenting works at Busta’s Label and he is confirming that he’s doin bad…. its Busta, relax and take notes…

182.

atlmuzikfanzinc

Wednesday, April 25, 2007 /

20., I agree with you there was a lot of buzz about the Big Bang but it ended up being weak as hell. It also could be the Game.

183.

TOO TOT

Wednesday, April 25, 2007 /

I CANT BELIEVE HOW IGNORANT PEOPLE ARE!

YOU DONT READ THE CLUES AND GUESS STUPIDLY. THERE ARE SO MANY RAPPERS OUT NOW WHO ARE GOING TO BE OR ARE 1 HIT WONDERS….YET PEOPLE ARE GUESSING PEOPLE WHO HAVE BEEN IN THE GAME FOR YEARS WITH MILLIONS!

WHY ARE YOU GUESSING PEOPLE WITH PLATINUM ALBUMS?

184.

STUNNERSHADESON

Wednesday, April 25, 2007 /

THIS WAS ON ALLHIPHOP LAST MONTH

AHH Accessories
Wireless News

E-mail Story

Print Story

Busta Rhymes Sued By Fan Over Alleged Assault
By Nolan Strong
Date: 3/1/2006 10:00 pm

Busta Rhymes has been sued for assault in Manhattan Supreme Court by a man who claims the rapper and his bodyguard assaulted him for no reason.

Melvin Smith, 37, claims Busta Rhymes and co-defendant Troy Green assaulted him without reason.

Smith’s lawyer Bruce Regenstreich said his client sought an autograph from rhymes in a sandwich shop near City Hall in Manhattan.

“Melvin went in to get an autograph and got a knuckle sandwich instead,” Regenstreich said.

Smith, who is a handyman, said he required four stitches to close a cut over his eye.

He also said he has not been able to work because of back and neck injuries he sustained as a result of the alleged assault.

Smith is seeking an unspecified amount in damages from Busta Rhymes.

In May of 2003, Busta Rhymes was charged with misdemeanor assault and battery charges, after an altercation with a fan in Dec. 2002 at Jake’s Twin Saloons in Fall River, Massachusetts.

In that incident, a woman claimed Rhymes shoved her against the table, grabbed her by her hair and threatened to kill her, after she touched his face.

The woman was also charged with misdemeanor assault and battery charges after she admitted to touching Rhymes during the incident as well.

Busta Rhymes denied the allegations and stated he simply grabbed the woman by the hand and told her “please make sure you don’t touch me again.”

Rhymes was eventually cleared of the assault and battery charges.

The lawsuit comes as New York Police Department detectives seek to questions Rhymes about the Feb. 5 murder of his bodyguard, Israel Ramirez.

Police believe an argument between G-Unit rapper Tony Yayo and Ruff Ryders producer Swizz Beatz sparked the deadly shooting.

Police have threatened to subpoena Rhymes in order to question him about his knowledge of the shooting, which took place on a celebrity filled video set in Brooklyn.

185.

MS. GOTTABODY

Wednesday, April 25, 2007 /

I got it, it’s TONY YAYO! He seems like he would act a fool & be irresponsible. Doesn’t he still live with his mama in Queens?

186.

lboogie8701

Wednesday, April 25, 2007 /

“Busta what it is right now” lol

187.

Chanté

Wednesday, April 25, 2007 /

This is NOT Lupe Fiasco. He doesn’t have enough money to spend it on casinos and jewelers, not even the advance money. Lupe would never be found in a casino because he’s a muslim and lives the righteous life as much as possible. Lupe does NOT have bodyguards because he’s not popular, and he doesn’t assault his fans, he’s non-violent.

This is Busta Rhymes.

188.

Chanté

Wednesday, April 25, 2007 /

183. TOO TOT said:

WHY ARE YOU GUESSING PEOPLE WITH PLATINUM ALBUMS?

>>>>>> Because they can be broke. Rakim is not rich, DMX is BROKE, Busta is stuggling, Fat Joe is struggling, Lil Kim YES HER she’s struggling, Toni Braxton been in the R&B game for a long time and on top and she’s broke. Longevity doesn’t garantee wealth. MOST of these artists are not millionaires, and certainly NOT Busta Rhymes. How many Jay-Z’s are there financially speaking? When Busta was at his peak, he had signed a bad deal, not to mention hiphop wasn’t as popular and didn’t generate as much money as today, so neither he nor Flip Mode Squad made money. He’s still paying for debts of past deals. Mary J Blige spent NINE years paying them back and is only breathing now.

189.

sexee

Wednesday, April 25, 2007 /

Your wasting our time with these blind items.

190.

moxpoe1

Wednesday, April 25, 2007 /

that’s busta……..just seeing him on, what was it cribs? He’s stupid enuff to blow $$$$ before it hits his account. sides, all those altercations bespeaks a big stupid head or just plain ole arrogance!

191.

Luker in LA

Wednesday, April 25, 2007 /

Did you people not listen to Left Eye on Behind the Music? TLC got paid $.03 for every record sold and had to pay for studio time, videos, security, producers, etc., etc. Unless you are a song writer, you do not get paid that much. If Busta did sell 2.2 millon, he might have gotten paid $250,000 for the album. And I’m sure he has legal expenses up the butthole. With that said - BUSTA!

192.

TT

Wednesday, April 25, 2007 /

Vanilla Ice?

193.

ThinkAboutIt

Wednesday, April 25, 2007 /

188. Chanté said:
——————————————————————————–

183. TOO TOT said:

WHY ARE YOU GUESSING PEOPLE WITH PLATINUM ALBUMS?

>>>>>> Because they can be broke. Rakim is not rich, DMX is BROKE, Busta is stuggling, Fat Joe is struggling, Lil Kim YES HER she’s struggling, Toni Braxton been in the R&B game for a long time and on top and she’s broke. Longevity doesn’t garantee wealth. MOST of these artists are not millionaires, and certainly NOT Busta Rhymes. How many Jay-Z’s are there financially speaking? When Busta was at his peak, he had signed a bad deal, not to mention hiphop wasn’t as popular and didn’t generate as much money as today, so neither he nor Flip Mode Squad made money. He’s still paying for debts of past deals. Mary J Blige spent NINE years paying them back and is only breathing now.

———–
Chante you are so right. MOST rappers and artists are in serious debt. It’s the way the game is played - only those fortunate to parlay their rap skills into real independent business deals are living comfortable.

People get confused because they SEE bling, and big cars and houses, but rarely do those artists OWN any of that -

On the Forbes list only Jay-Z, Diddy and 50 Cent have been listed in the past few years and their wealth is from their clothing lines, other busines ventures and endorsements and their OWNERSHIP in the music industry.

Even before the illegal downloading, artists were only making ‘pennies” per CD sale in most cases. And every video and promo $$$ is paid out of the artist take, so even when they are successful, they are only making $$$ for the label. Now with downloading eating their sales, some of these artist will have to take a second job to pay the labels back.

Damn Shame.

194.

stylishlibra

Wednesday, April 25, 2007 /

I don’t know who it iS but i do know who it’s NOT and that’s DIDDY!!! The ppl who think it is are dillusional, that man is a m illionaire, loaded from lots more venue and businesses than music (clothing line, studios, producing rights, some rights to Biggie records, etc). He could give Bad Boy away and still have millions. IT IS NOT DIDDY!

196.

DreDre

Wednesday, April 25, 2007 /

Is the the rapper Dredre… Hmm sounds like something I would be in. Kfed!!!!!

197.

crunk

Wednesday, April 25, 2007 /

@94 LOL!!! Jim Jones smelling like a dirty blanket!! LOLLLLLLLLLL!!!!!!!!

198.

MEME77

Wednesday, April 25, 2007 /

WTF, Now where in the hell do some of yall get off saying its Diddy? Where did that conclusion come from, come on now, he’s got “his label”, “a number of very talented artis who he makes money off of”, “his clothing line”, “his resturant”, “doing remixes”, “doing commercials”, and the list dosn’t even end there. Now his cd may have been a hot mess but F.Y.I, he is a SMART business man who knows how to make money and invest. Now BUSTA, I can’t speak for him, he tried to make a comeback and I’m not sure how his album sales were but ppl all that money he made back in the day, he could have been stpid w/ it and splurged it all. So lets do our research cuz there many possibiltes, but all in all it aint Diddy. (And I aint even jus a big fan of his snobby ass).

199.

keith hayden

Wednesday, April 25, 2007 /

it might be busta…i cant believe people said chamillionaire..hes one of the most humble rappers ive seen

200.

rehabloveaddict

Wednesday, April 25, 2007 /

BUSTA LOST THE REST OF HIS MIND WHEN HE LOST HIS DREADS! HE’S A CRAZY BALDHEAD! LOL

201.

RNB*MJ

Wednesday, April 25, 2007 /

R.I.P. Lisa “Left Eye” Lopes: 5 Years Later

come on all, a legend died. Let’s respect her memory and not worry about this stupid blind item.

202.

Chezera

Wednesday, April 25, 2007 /

BUSTA !!!!!!!!!!!!!!!!!

203.

Trevor

Wednesday, April 25, 2007 /

U guys its OBVIOUS….its LUPE FIASCO!!! Remember??? He had a lot of buzz for his new album and da single “kick push” was really hot! He was gettin a lot of great reviews and respect from da industry but his album didnt do as well as expected becuz all of da tracks were leaked to da net right be4 da album was released…Trust me, Its LUPE FIASCO ;-)

204.

KillaCamNU

Wednesday, April 25, 2007 /

Slim Thuggga much?

205.

SUGE

Wednesday, April 25, 2007 /

So easy…probably the easiest one ever….Busta.

206.

Have Not Thought of a New User Name

Wednesday, April 25, 2007 /

I think Busta; just because I heard him say in an interview he had nothing before he joined Aftermath. Busta stated Dre gave him a million to sigh and that was back in 03/04 that money is gone by now. Plus he has been beaten fans lately and his album did fall off.

207.

kmniles

Wednesday, April 25, 2007 /

Tony Yayo. He lives in casinos.

208.

mezzo.soprano

Wednesday, April 25, 2007 /

I think its MIKE JONES!!

209.

Pink

Wednesday, April 25, 2007 /

HELLOOOOOOOOOOOOOO PEOPLE!!!! ITS OVER!! WE HAVE ENOUGH PROOF……….

THE ANSWER IS BUSTA! BUSTA! BUSTA! BUSTA!
BUSTA! BUSTA! BUSTA! BUSTA! BUSTA! BUSTA!

210.

N_it_2_win

Wednesday, April 25, 2007 /

I’m thinking Chingy..

211.

psyche

Wednesday, April 25, 2007 /

my first thought when i read this was Busta Rhymes.. sooo that’s my guess

212.

psyche

Wednesday, April 25, 2007 /

my guess is Busta because it is reported that he gets heated with people.. case in point the guy he said supposedly spit on his car… well the guy stated that he just wanted an autograph.. a lot of people contribute it to steroids… “roid rage”

213.

txsupercutie

Wednesday, April 25, 2007 /

I have no clue who the rapper in question is, I just wanted to say #208 Mezzo.Soprano, that baby on your avi is just too cute!!!

214.

million$smile

Wednesday, April 25, 2007 /

I agree w/ # 2 ..The Game

215.

Makvel

Wednesday, April 25, 2007 /

That was too easy..Busta, The Big Bang..

216.

dm

Wednesday, April 25, 2007 /

WHO GIVES A FUCK THAT ITS NOT DIDDY, FUCK THE BI HOE, ITS BUSTA’S INSANE ASS. i SAW HIM IN A LOCAL STORE IN TRIBECA, HE IS A TOTAL NUT CASE.

217.

Jae B.

Wednesday, April 25, 2007 /

It’s Busta Rhymes people!!!!!!!!

218.

tony blair

Wednesday, April 25, 2007 /

Busta or Game… stay connected on exclusive west coast music & videos visit:

http://get-a-bar.blogspot.com

219.

M. Dove

Wednesday, April 25, 2007 /

You know, I suspect this shit is 100% made up.

220.

pickles

Wednesday, April 25, 2007 /

I think its 50 Cent, I know he had a lot of buzz with his album and he is always in trouble for assualting fans at concerts so it makes sense to me.

221.

Badland Boss

Wednesday, April 25, 2007 /

According to Interscope records.. busta did promo shows at a discounted price.. and Did 0ver 25 shows in The U.S. @ over 50k a show.. can we add that up please? Radio spins for Touch It and other Busta songs netted him over 700k.. I havent checked overseas revenue.. but lets just say unless you are a complete and udderly fuck up.. When you make approx 2 million not incl record sales.. and other promotional items.. You’re not really starving.. I could go into further detail on how the industry works.. but its too much to explain.

Like I stated previously.. The rapper lives in the South East part of the country.

222.

marie

Wednesday, April 25, 2007 /

Bock entertainment ain’t shizzzzzzzzzzzzzz who would want to get with that aggorant nigro.

223.

LEE

Thursday, April 26, 2007 /

Come on ya’ll lets be real and look at the clues before you post a comment. The answers has got to be someone who is new to the rap game and just drop their fist cd. So that would not include Busta, Dmx, Diddy or any other stupid answers. If ypo think about yea it does sound like Busta w/ all the fights he’s been getting into, but his cd The Big Bang did well and even if it didnt do u really think he would be broke and in debt? Look how long he been in the game and making money….come ppl THINK! And # 41 you ought to be smacked for saying Jay Z!

224.

itiah

Thursday, April 26, 2007 /

It’s definitely Busta. He’s a snobby, cocky and arrogant person.

225.

Industry Insider

Thursday, April 26, 2007 /

This is the one blind item where we’ve reached a consensus and the second one I knew to be true. (The first was Faith Evans.) I too, work in the business and anyone who has worked with him, or been around him will tell you it’s BUSTA, BUSTA, BUSTA. He’s been cool to me but I’ve seen it with my own two eyes. A platinum record does not mean you’re rich, unless you write songs that can be rerecorded by others (which hip-hop doesn’t have as much.) Karma is a motherfucker and his came around.

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