HIP HOP P_KODAK_news

Published on August 12th, 2017 | by PEM

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*Master P Says: “The real story is how much money does Theo Sedlmayr make off Kodak Black.”*

*Master P Says: “The real story is how much money does Theo Sedlmayr make
off Kodak Black.”*

Video: https://youtu.be/aVRpohwpH-U

“For the record, I met Kodak Black through Charlamagne. I did not look for
him for any business endeavors. Kodak reached out to me directly for help.
A lot of people told me not to get involved with him but I’m about helping
the next generation and I looked at him as just misunderstood. I treated
him like a son. I never asked him for a dime, I never took any money from
him. I only went into my pocket and spent money. I paid for plane tickets
for him and his guys. I went to the government to get him cleared. My
intention was to help him build a positive image from the perception that
he had out there already. I realized that his entertainment lawyers do not
want him to learn the music business. They would rather keep him ignorant
so that they can keep taking advantage of him. And they especially don’t
want someone like me to be around him because they know I’m gonna keep it
100. Kodak asked me to manage him. And the first thing I told him was to
get all of his contracts so that we could audit them, that’s just Business
101. Kodak asked me to call his entertainment lawyer, Theo Seldmayr, but he
did not return my phone call for over 30 days and he never sent any
paperwork, which is a red flag. Kodak doesn’t even know how much he’s
actually paying this guy. And I told Kodak I could no longer do business
for you, I’m not making any money off of this anyway. It’s just a headache.
After this experience, I’m not doing any more free headaches, I’m not doing
anything else for free. So moving forward, anybody that reaches out to me
for business, it’s gonna cost. I have no more time to waste. I’m a
businessman, people are going to pay me for my time just like any other
professional. I don’t mind helping my people and giving back because that’s
what I love to do. But if anybody on social media throwing up money and
they are committed to helping their community, they should also pay for it
out of their pocket if that is what they genuinely want to do. I am not
God, I realize that I can only help people that truly want to be helped. If
Kodak wants to grow his own business, he’s going to have to cut some people
off that are not right for his business, if he wants to run a real business
he’s going to have to pay the right people.”

@MasterP


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