A$AP Rocky Clears Up Milli Record Deal Confusion, “I Don’t Have A $3 Million Balance In My Account”

Written By S. Samuel

Harlem newcomer A$AP Rocky has cleared the air on misconceptions behind recently signing a $3 million record contract and hinted at what fans can expect next from him.

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According to Rocky, he may not have $3 million in the bank just yet, however, his deal with RCA/Polo Grounds will open mulitple venture opportunities.

“I don’t have a $3 million dollar balance in my account but the record deal was $3 million though,” A$AP tells Billboard. “I got a deal with RCA/Polo Grounds for A$AP Worldwide and I got a deal with them for my solo project, my solo deal; if you combine both deals it amounts to a three million dollar deal.” In fact, A$AP is in the studio working on a compilation mixtape, “Long Live A$AP,” which will feature his newly signed A$AP Worldwide artists A$AP Ferg, A$AP Nast, A$AP Twelvyy and Space Ghost Purrp. Before dropping his yet-to-be-titled debut set, A$AP plans to release a deluxe edition of his current mixtape that will be marketed and sold commercially similar to Drake’s “So Far Gone.” After all, A$AP says, “My mixtape is a classic. It’s only right to put it out at retail.” (Billboard)

A couple days ago, Rocky talked to SOHH about his huge record contract.

“People tend to make a big deal out of everything. I’m gonna be perfectly honest: I been ‘hearing’ that I’m pretty big. I can go on Twitter and stuff and see that I’m pretty big, but truthfully, I don’t know how big I really am yet. You know? Because it’s happening to me, I can’t really see it like everyone else does. But [being big] is not the most important thing to me at this moment, so I don’t stress that. I’d a dope feeling, but I don’t know if I’m bigger than I was a week ago.” (SOHH)

Rocky went on to say his deal shoots down the myth of an up-and-comer needing a major artist co-sign before invading the mainstream.

“When people used to ask us who we f*ck with and who we had songs with, we’d be like, ‘Us’. That’s who we roll with, us.” That’s who we rap with. So, I guess that sh*t worked out for the better because we don’t have to perpetrate and fraud like we know [astists] that we don’t really know and sh*t. All we got is us, and if you f*ck with us, then we got love for you.” (SOHH)

Last week, the rap youngster informally revealed his $3 million deal.

“About three million dollars. [Other rappers who don’t sign] are smart, but I feel like Sony/RCA is a family and the people there actually care about me,” A$AP responded when asked why he signed with a major. “When I came to meet [Polo Grounds Music founder] Bryan Leach, I got to know him on a personal level– he would set up car service for me to go to other labels. He wanted to see me make it. He’s from Harlem. I’m going to have creative control; there’s no bullshit. The situation is almost unrealistic. I mean, five months ago I had about $3,000 in my bank account. Now I’m worth $3 million. Nobody’s gotten a deal like that since 50 Cent.” (Pitchfork)

Check out a recent A$AP Rocky interview below:

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Written by S. Samuel

Steven Samuel is the co-founder of SOHH.com.

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