Young Buck Is Selling His Name

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Young Buck faces an obstacle that most rappers never want to come across during their music career. The Tennessee native and former G-Unit signee may have to sell his rap moniker as a result of his current bankruptcy case.

The Tennessean newspaper reports that the trustee administering the 30-year-old rapper’s estate plans to sell his trademarked “Young Buck” name along with other assets. Buck filed for bankruptcy in 2010, and Judge George C. Paine II recently signed an order converting the case from Chapter 11 reorganization to Chapter 7 liquidation.

“My name, Young Buck, has been with me since I was 12, 13 years old,” Buck stated. “At the end of the day, it’s ridiculous. My name wasn’t given to me by G-Unit Records. They didn’t name me Young Buck. My mother calls me Young Buck.”

The conversion of his case does little to help Young Buck, born David Darnell Brown, who was close to signing with Birdman’s Cash Money label. The deal would have helped move the ‘Straight Outta Cashville’ rhymer out of debt slowly, being able to pay back child support he owes as well as the more than $10 million he reportedly owes 50 Cent and G-Unit Records.

Buck has been locked in a bitter legal dispute with the record label since 2008, which prevents him from recording any new material.


Young Buck Explains Chapter 13 Filing; Alleged 50 Cent Lawsuit

Posted: Wednesday – September 1, 2010

Nashville, Tennessee rapper Young Buck has released a statement regarding his tax battle with the IRS and reports of a planned $5 million dollar lawsuit against G-Unit leader 50 Cent.

Young Buck filed for Chapter 13, which allowed the rapper to keep all of his possessions, as he pays back an estimated $12,500 per month, over the next five years.

“I was forced to file bankruptcy, not because I am broke.” Young Buck said in a statement. “But because I have to get my finances back in order and deal with the contract situations I was in. Now I have a clean slate and full control over my own life and career.”

Representatives for Young Buck also confirmed his bankruptcy status has negated “any and all contractual obligations held by the filer, which in the case of Young Buck, includes his recording and publishing contracts with G-Unit Records, thus allowing him to shop for another deal.”

Young Buck also shot down reports that he would be filing a lawsuit against 50 Cent, G-Unit and former manager Sha Money XL.

“Where did that rumor come from?! I have not filed suit against anyone, although, maybe that’s not a bad idea,” Young Buck told AllHipHop.com in a statement.

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