6ix9ine has admitted that he’s close to bankruptcy following his departure from TenThousandProjects.
The rapper’s contract with the label ended last month, as did his merchandising deal. Since last May, the Brooklyn native has been quiet on social media, although his most recent post on Instagram claimed he was paid $500,000 to perform in Texas.
6ix9ine told a judge who is in charge of his civil lawsuit regarding the 2018 armed robbery case, which he claims has halted his career because no labels are now offering him advances, and he’s close to running out of money.
“Right now, I am struggling to make ends meet,” he claimed in the court documents. “I do not know if I will ever command the kind of advances I was paid before my arrest, and my career stalled.
“I did receive large advances under the recording artist and merchandising agreements prior to my arrest. However, I do not receive any royalties under those agreements either since my royalty accounts remain unrecouped.”
In his final statement to the judge, 6ix9ine said: “It will surely bankrupt me in a way from which I will never recover to the permanent detriment and hardship of the family members who rely upon me.”