Chance the Rapper Wins $35 in Countersuit

0:00It's March 23rd. This is Music News Today, driven by AI following the sound in real time. Chance the rapper has scored a win in his countersuit against former manager, Pat Corcoran. A Cook County jury rejected Corcoran's claim for $3.8 million in unpaid expenses and royalties. Instead, they ruled Corcoran owes Chance just $35. The fight kicked off late in 2020 when Corcoran sued Chance for breach of contract after getting fired. Chance hit back two months later, accusing his ex-manager of breaching fiduciary duties, steering business to his own companies and pocketing, kickbacks. He sought at least $1 million in damages. On March 20th at Chicago's Daily Center, the jury deliberated for two hours before delivering the verdict. They also recommended Corcoran transfer the internet domain ChanceRaps.com, a site he once used to sell Chance's merchandise. This outcome highlights the risks in music management deals and underscores the value of solid written agreements, closing a year's long legal quash.