A lawsuit has been filed against Drake in Chicago that alleges the rapper and his company, OVO Touring, have taken over $200,000 from a concert promoter without paying them back.
According to documents filed in Cook County Circuit Court on December 10, Status Entertainment and its partner company Show-n-Off Entertainment were in contact with Drake and his representatives for more than a year with the intent to plan a concert. The first attempt occurred in March of 2012, where both parties initially agreed to a fee of $250,000 for Drake to perform at the UIC Pavilion. Status Entertainment claims they transferred $100,000 over to Drake and his company. However, the show would be cancelled. OVO Touring said they would return the money, but no transaction occurred during that time period.
Later that year, in June, Drake performed at the First Midwest Bank Amphitheatre. That show was planned with a different promoter and grossed between $340,000 to over $1 million based on ticket pricing. Status says they then got back in contact with OVO Touring to reschedule their concert in Chicago for October 18, 2012. The company claims another $100,000 was sent to Drake, but then his representatives replied, "We changed the price because our value went up."
Status Entertainment is now suing for breach of contract, unjust enrichment, fraud and violation of the Illinois Consumer Fraud and Deceptive Business Practices Act, as well as Quantum meruit. They are asking for $202,800 along with court costs and interest.
An excerpt of the lawsuit can be read below.
During these negotiations, Drake experienced a meteoric rise to the top of the music charts achieving worldwide fame and fortune. Instead of honoring their obligations, Defendants knowingly and intentionally breached the Agreements and refused to schedule the concert unless Plaintiffs gave them more money due to Drake's newfound fame. Defendants have admitted that they did not foresee Drake's success and attempted to change the terms of the Agreements because they believed that they had a more valuable asset in Drake then when the first Agreement with Plaintiffs was agreed upon. Defendants then fraudulently contracted another company to put on a Drake concert in the Chicago area in June of 2012 and profited handsomely as a result and to the detriment of Plaintiffs.