Being the owner of music label is very similar to being an owner of a sports franchise.
You sign high price talent.
If that talent doesn’t live up to expectations, they can be cut.
In some instances the talent can even end up owing the label/franchise they have made millions of dollars for money.
There are many disgruntled artists/athletes after they are no longer with the label/franchise.
Athletes complain about playing time and money. Artists complain about promotion and money.
Athletes complain about bad contracts. Artists complain about bad contracts.
Sometimes you have a #1 pick that pans out and other times a sure thing goes double copper.
In the end, the CEO normally stays rich and the athlete/artists if they don’t watch themselves could end up broke.
While the notion of Cash Money Records Owner and CEO Bryan “Baby” Williams becoming an owner of an NFL franchise might cause you to raise a “Rock Eyebrow”, there isn’t much difference between him and Dolphins owner Stephen Ross.
Alas, the NFL has no clue what Williams is talking about, but it is an interesting story. Here are the details:
Record executive Birdman said he’s awaiting NFL approval to become the latest minority owner for a team that already has more minority owners than wins.
Bryan Williams (aka Birdman) broke the news during a nationally syndicated radio show interview and it was met with a surprising degree of enthusiasm in the Dolphins locker room.
“Smart move,” linebacker Karlos Dansby said. “He’s a businessman.
“He makes decisions to position himself to help out, and he’s done a great job so far.”
The NFL, which must approve Birdman, has no idea what Birdman was talking about.
A spokesman told The Miami Herald the NFL has “no knowledge” of the rapper’s newsy claim, which suggests Birdman was possibly chirping just to hear himself sing.