50 Cent to Receive $200K From Young Buck After Prolonged Bankruptcy Battle
50 Cent will receive $200,000 from Young Buck as part of a bankruptcy settlement after a long-running financial dispute.
50 Cent is finally poised to collect over $200,000 from former G-Unit member Young Buck as part of a long-running bankruptcy case.
According to court documents, Young Buck has agreed to pay $200,006.90 to the G-Unit founder. The settlement marks the resolution of a contentious debt dispute dating back several years, stemming from a $250,000 payment that 50 Cent said was a personal loan.
Buck, however, has consistently maintained that the money was an advance for future music releases under the G-Unit label and at one point even denied receiving the funds. “[50 Cent] never proved that he gave me the money," Buck previously said, arguing there was no evidence of a transfer.
Despite Buck's objections, the bankruptcy court ultimately accepted 50 Cent's claim as valid. Because Buck has no secured creditors, his estate must prioritize payments to unsecured creditors, including 50. Trustee Erica R. Johnson reported that Buck's estate has amassed approximately $1.05 million through the liquidation of his assets that include his music catalog, vehicles, jewelry and studio supplies.
Nearly $445,000 of that has already gone toward legal and administrative costs, leaving just over $600,000 to be distributed among the remaining creditors. 50 Cent's share represents one of the most significant individual claims and will be paid once the court approves the final distribution plan, which is expected to happen in the coming weeks.
50 has been at odds with Young Buck for several years, frequently trolling his former bandmate on social media. When Buck was arrested earlier this year, 50 shared a picture of his mugshot and made fun of the shape of his head.
"Damn how dat 🥷🏾 head get like that 😳 police must've hit him in the head," he wrote. "LOL."
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