News: Fat Joe To Big Pun's Wife, "I Have Not Made A Dollar Off Pun Since His Passing"
Wednesday, Aug 5, 2009 4:00PM
Fat Joe has responded to accusations made by the late Big Pun's wife Liza Rios, in which she claims she has not been paid Pun's fair share of earnings.
Joey gave an account of the financial backing he provided to Pun's wife and promised he had not made any profits from the rapper's music since his death.
"Immediately after Puns death I gave Liza Rios the whole advance of the Endangered Species album, NO ONE but Liza made a dollar off that album. I also gave her the total advance from the publishing company that was due to Big Pun...I've never made a dollar off Big Pun since his passing. This was hundreds of thousands of dollars of frivolous spending, after the second payoff I washed my hands. Since then we have been through 6 lawyers, harassment on various radio stations and online mediums every time she needs more money. I also have legal documents stating that NO ONE is making money off of Big Pun...I sympathize with Liza, but I have done already done enough for her. In these economic times we as parents need to be resilient and do what it takes to provide for our own families." (The Life Files)
Rios' interview landed online earlier this week and explained why her kids were living in a shelter and how her finances quickly diminished after Pun died.
"After Pun passed I didn't receive a lot of money," Rios said in an interview. "I received some money from publishing but I received exactly $160,000 and something of publishing...The house I was paying mortgage for was my husband's, wasn't paid out, the five years I was living there before I sold it, I spent over $120,000 just on mortgage. Then you got the kids, the food, the clothes, legal fees and when there's no money coming in, it's just money coming out." (Ms Drama TV)
Former Terror Squad member Cuban Link accused Joe of shady business practices in an interview earlier this summer.
"It's gon be some sh*t man [if I see him in the street]," Link promised in an interview. "Yeah, not that I want to put it out there like that, 'cause you know. It's still serious enough that I don't get along with him like that. His talent definitely was business. He's a business man to the point that he know what he wanted and he'll get it, whatever. He'll use his gift of gab to get it and once he gets it, he uses people and throws 'em away. That's what he does. He always rides with what's hot right now. You always see the hottest n*ggas that are out, he always knows hot to suck up to them so he gets that record from 'em so he stays in the loop...[Big] Pun gave him the strength, sold a million records and gave him business power...Talking about blacklisted, he blacklisted Franky Cutlass, that's back in the day sh*t right there...King Sun, those are the people that wrote his first album." (Forbez DVD)
Pun, who passed away from a heart attack in February 2000, has inspired rappers including Termanology who previously spoke with SOHH about the emcee's lyrical talent.
"It's a tough thing 'cause like anybody that's Puerto Rican, they're gonna compare you to Pun, no matter what," he stressed. "That's the box we get put in. But I just felt like, when I compare myself to Pun, it's more like a lyrical thing. It just happens to be like, you know my style is kinda similar, 'cause I pretty much bit my style from Kool G Rap and Pun was heavily influenced from G Rap, also." (SOHH)
Check out Liza Rios' interview below: