Minaj’s track is loaded with bold lyrics and intense energy, addressing various personal and professional aspects of Megan’s life.
Suffice it to say, she spared no room for imagination on how far across the line she would go in dragging Megan, including jarring references to the Houston Hottie’s late mother, her alleged promiscuity, and other disturbing claims.
Big Foot was not just a response to Hiss, but a threat of more sonic violence to come if Megan does not apologise for the cut-throat ‘Megan’s Law’ jab.
Megan wasn’t the only one targeted on Big Foot. KenBarbie, a microblogger with ties to Cardi B, was dragged into the mess when Nicki rapped:
“Sh** gon’ get uglier than Ken Barbie, okay? Don’t play.”
Ken wasted no time delivering a lengthy response laced with startling claims about Nicki Minaj and her alleged financial standing.
Is Nicki Minaj in financial trouble?
Not only did Ken accuse Nicki Minaj’s husband Kenneth Petty, a registered sex offender and the intended target of Stallion’s ‘Megan’s Law‘ entendre, but the user also claimed the PinK Friday 2 rap queen was too broke to buy a music catalogue.
“You blew your advance from your last tour and now this tour is collateral, so you’re literally bout to tour for free cause you owe Uncle Sam money,
Intriguingly, lien filings under Minaj’s real name, Onika Maraj, tell a deeper story.
Documents show that she used her assets, specifically her performance rights and royalties from her music, as collateral for a loan with First Tennessee Bank National Association, now operating as First Horizon Bank.
This arrangement dates back to 1 April 2020, at the height of the COVID-19 pandemic, and is linked to a term loan agreement from 24 October 2019.
It includes income from licensing and any payments related to these licenses, particularly with Global Music Rights LLC, a company founded by industry bigwig Irving Azoff, which owns a percentage of the performance rights for several of Minaj’s songs. This includes notable tracks like Princess Diana, Red Ruby Da Sleeze, Black Barbies, Only, and Super Freaky Girl.
Another document filed on 3 March 2023, reveals financial dealings between Pink Personality, Inc. and Tokyo Ninja, LLC, with HV JVCO I, LLC as the secured party.
The collateral described encompasses rights, titles, and interests in specific assets, like musical compositions and related royalties. This agreement covers both existing and future compositions and the income or payments derived from these assets.
While the filings don’t necessarily offer deeper insight into Minaj’s financial standing, it does give fans a glimpse into the rapper’s asset depository and how earnings from some of her recent projects, such as Pink Friday 2, could be channelling to loans post expenses.
What is a lien notice?
Imagine you have a favorite toy that you really love, but you can’t pay for it all at once, so the store lets you take it home and pay for it over time. Now, what if you stopped paying for the toy? The store still wants its money, right?
A lien notice is like the store’s way of saying, “Hey, you still owe us for that toy.” It’s a paper that tells everyone that you owe money on something you bought or a service you received. This notice is attached to the thing you bought or something valuable you own, like a car or a house.
This notice is like a reminder or a tag that stays with your thing until you pay back all the money you owe. If you don’t pay, the person or company who gave you the lien notice might have the right to take your thing and sell it to get their money back.
So, a lien notice is a way for someone to protect their right to get paid for what they sold or the service they provided. It’s like a bookmark that says, “Remember, you still need to pay for this.”
