Young Thug’s $6 Million Legal Battle With AEG Presents Gets October 2023 Court Date

Young Thug has probably been spending an increasing amount of time preparing for his upcoming trial in January 2023 related to the 56-count YSL gang charge. However, that’s not the only legal struggle the So Much Fun rapper will have to deal with then. Young Thug is also battling a $6 million with AEG Presents and the legal battle has now been given a court date.

Thugger’s battle with the concert behemoth might cost him his YSL brands and parts of his publishing catalogue. According to AllHipHop, Thugger has been issued yet another trial date, this time in October 2023. It’s for the breach of contract case he is facing from concert promoter AEG Presents, who is also demanding more than $5 million in damages from the 31-year-old.

AEG is suing Young Thug for the return of a multi-million dollar advance they gave him in exchange for exclusive rights to all of his shows several years ago. The business claimed in December 2020 that Jeffery Williams signed a contract in 2017 that he violated virtually right afterwards. Even though Thug’s concerts were purportedly subject to AEG’s exclusive rights, he continued to schedule shows independently and earn hundreds of thousands of dollars in performance fees.

Despite having granted AEG the exclusive right to promote Mr. Williams’ concert performances under the terms of the 2017 Artist Agreement, YSL and Mr. Williams immediately failed and refused to honor their respective obligations under the 2017 Artist Agreement by, among other things, disregarding AEG’s rights, performing concerts without AEG’s involvement, and retaining all proceeds generated therefrom.

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Young Thug allegedly included some of his intellectual property rights as collateral in the agreement when AEG demanded $5M with interest. As a result, in order to recuperate the advance, AEG is attempting to seize possession of the YSL brands, some of his publishing list, as well as the Young Thug trademark. Thugger originally disregarded the accusations before retaliating with a denial.

His attorneys were attempting to reach a settlement at this time last year, but the parties were unable to do so. The AEG v. Young Thug trial is now scheduled to start on October 24th, 2023. Stay tuned to Thirsty for latest news and updates.

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