{"id":4504,"date":"2025-03-04T17:44:02","date_gmt":"2025-03-04T17:44:02","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/young-thug-settles-with-aeg-to-end-5m-lawsuit-over-failed-tour-deal\/"},"modified":"2025-03-04T17:44:02","modified_gmt":"2025-03-04T17:44:02","slug":"young-thug-settles-with-aeg-to-end-5m-lawsuit-over-failed-tour-deal","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/young-thug-settles-with-aeg-to-end-5m-lawsuit-over-failed-tour-deal\/","title":{"rendered":"Young Thug Settles With AEG To End $5M Lawsuit Over Failed Tour Deal"},"content":{"rendered":"\n
\n

\n\tY<\/span>oung Thug and concert giant AEG have quietly settled their multi-million dollar legal battle over a touring partnership gone sour.<\/p>\n

\n\tThe lawsuit, first filed in 2020 but delayed for years by Thug\u2019s high-profile criminal case, claimed that the star owed more than $5 million under a 2017 touring agreement \u2014 and that he was obligated to hand over some of his music rights to pay down that debt.<\/p>\n

\n\tBut in a motion filed in federal court on Feb. 14, attorneys for both sides said they had \u201centered into a settlement\u201d to resolve the dispute. Terms of the agreement were not disclosed in court filings, and neither side immediately returned requests for comment. The deal was later finalized by a judge on Feb. 18.<\/p>\n

\n\tThe settlement came as Thug is gearing up to start performing in concert again for the first time since he took a plea deal to end the years-long criminal drama in Atlanta. That agreement imposed strict conditions, but allowed Thug to avoid prison time and resume his music career.<\/p>\n

\n\tAEG sued Thug in December 2020 over allegations that he had breached the earlier touring agreement, which gave the company the exclusive right to promote his concerts. AEG alleged that Thug had \u201cimmediately failed and refused to honor\u201d the deal after it had been signed, including by performing shows without the promoter\u2019s involvement and pocketing the proceeds.<\/p>\n

\n\tUnder the terms of the deal, AEG claimed Thug was paid a $5.3 million advance \u2013 a sum the company claimed was never paid back. More significantly, AEG claimed that debt was secured with Thug\u2019s copyrights to his songs as collateral \u2013 and that AEG can now claim an interest in the revenue generated by such intellectual property.<\/p>\n

\n\tIn more recent court filings, AEG claimed Thug had sold off more than 400 copyrighted songs for more than $16 million to an unknown third-party in 2021, and suggested that such a transfer mid-lawsuit might have been fraudulent.<\/p>\n

\n\tThe case was put on indefinite hold in May 2022, when the rapper was charged in a sweeping racketeering indictment that claimed his YSL group was a violent gang that had wrought \u201chavoc\u201d on Atlanta. Following the longest-running trial in Georgia history and a two-year stint in jail, Thug pleaded guilty last month and was sentenced to serve only probation.<\/p>\n

\n\tShortly after Thug struck that deal, attorneys for AEG pushed to restart the civil lawsuit, saying it was no longer \u201champered\u201d by the criminal case. But little additional litigation took place before the settlement was reached.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Young Thug and concert giant AEG have quietly settled their multi-million dollar legal battle over a touring partnership gone sour. The lawsuit, first filed in 2020 but delayed […]<\/p>\n","protected":false},"author":1,"featured_media":4505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[1568,379,2602,303,322,1095,1866,1094],"class_list":["post-4504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-aeg","tag-deal","tag-failed","tag-lawsuit","tag-settles","tag-thug","tag-tour","tag-young"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=4504"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/4505"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=4504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=4504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=4504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}