SINCE HIS historic win at the Grammys, Chance the Rapper is reportedly turning down $10m in offers from record labels.
The Chicago rapper, who beat Drake and Kanye West to win the Grammy Award for Best Rap Album, would rather stay independent, a source told the New York Post.
They said: “Every label is still trying to get him. He’s making too much on his own… He was turning down $5 million advances before, and now it’s like $10 million.”
Despite not having a record deal, Chance’s streaming-only album Coloring Book scooped Best Rap Album, Best Rap Performance and Best New Artist at the Grammys ceremony.
In an interview with Vanity Fair he explained that he made his money from “touring and selling merchandise… and I honestly believe if you put effort into something and you execute properly, you don’t neccessarily have to go through the traditional ways”.