AEG Presents Reignites Legal Battle Against Young Thug Over $16 Million Catalog Sale Controversy
AEG Presents has reactivated its lawsuit against Young Thug, seeking clarity about a reported $16 million catalog sale. This development follows the rapper's recent release from jail and conclusion of his criminal case.
The lawsuit, initially filed in late 2020, centers on alleged breaches of exclusive performance agreements dating back to 2016. AEG claims they provided Young Thug's YSL Touring with a $5.25 million advance in 2017 for exclusive worldwide concert promotion rights.
Young Thug performing with mic
Key developments:
- AEG alleges Young Thug violated agreements by performing concerts independently and keeping all proceeds
- The rapper allegedly failed to repay the $5.25 million advance plus interest
- Recent discovery revealed Young Thug reportedly sold approximately 400 compositions for $16 million
- AEG is investigating this catalog sale, which occurred after the lawsuit began
- The company has served subpoenas to identify current copyright owners
Proposed timeline for 2025:
- February 6: Status conference
- June 12: Discovery deadline
- September 18: Final pretrial conference
- Trial expected in Q4 2025
AEG is currently awaiting responses to subpoenas served on third parties involved with Young Thug and YSL, due in late November. These responses will determine whether AEG proceeds against the existing defendants, adds new parties, or takes alternative legal action regarding the collateral.
The case progression depends on Young Thug's compliance with his probation terms, which include relocating from Georgia. A three-month adjustment period has been factored into the scheduling to allow the rapper to transition and reconnect with his legal team.