Chance The Rapper Turning Down $10M Advances

Chance the Rapper won a Best New Artist Grammy on Sunday — but he doesn’t have, or need, a record label.

An insider 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.” The source added, “He may do something with Apple, but not a label per say … He is going to remain independent.”

He’s managed by Patrick Corcoran, 26, while former CAA agent Cara Lewis is also making deals for the rapper.

When you have manager's like these you stand to make way more.

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