AceShowbiz - Gunna could be cutting ties with YSL Records amid the ongoing RICO case. The Georgia rapper is rumored to be plotting his exit from the label, which was founded by Young Thug, as he plans to release a new album.
According to what DJ Akademiks heard from the street, Gunna has a new album ready, but no one on the label is supporting him to release the project. "I think he's cooked up an album. From what I heard, he has an album ready," Akademiks said during a Livestream on Thursday, February 23. "He has an album discussing a bunch of s**t. He's got an album, he's got some s**t to say. But there's nobody down to stand with him."
"So, it becomes one of those situations where, yeah, how good could you make a case if everybody's leaving you on an island," the "Off the Record" podcast host explained the situation. "So, I think Gunna is kinda in limbo, waiting to see what happens with Thug. I think he's praying that Thug gets a favorable outcome. Or he's probably praying that, you know, despite what might happen to Thug, that Thug has some type of grace for him."
Akademiks then speculated, "I think, if you ask me, these are just my thoughts. I think if Thugger gets 20 years or 15 years, I think Gunna will try to proposition this offer to them: 'Yo, how 'bout if y'all give me that co-sign that I need to get the snitch thing off of me, to get that jacket off of me, I'll give a bigger percentage of my earnings to Thugger.' "
He also shared that he heard Gunna is planning to leave YSL, because the relationship is "fractured." He claimed, "The label side, a lot of people believe that Gunna is going to be seeking to leave YSL just because the relationship is fractured," before arguing, "It's just no way you go through this and come out on the other side where one guy is apparently looking at decades in jail and you came out in six months with a bad b***h. It’s probably not gonna work."
"What's probably gonna happen is his contract gets negotiated where there's either a buyout or he's gonna go to Atlantic Records," Akademiks continued. "A lot of people think Atlantic Records might have Gunna soon whenever he's gonna release it, just because based on the turmoil and strife between everybody in YSL and what's going on with Thug. It wouldn't be in his best interest to have YSL the label still working his project."
YSL, which has released all three of Gunna's albums, is a subsidiary of 300 Entertainment, whose parent company is Warner Music. Atlantic Records serves as 300's distributor, so a lateral move within the Warner family might be the best possible scenario for Gunna.
Gunna was released in December 2022 after pleading guilty to a single charge of racketeering, while Thug remains in jail and is currently facing trial. The "One Call" spitter was sentenced to five years in prison, with one year commuted to time served and the rest of the sentence suspended subject to probation conditions, including 500 hours of community service.
His legal team recently issued another statement denying that Gunna snitched on Thug to secure his release. "Gunna has never been interviewed by or cooperated with law enforcement or prosecutors in the RICO case," read the statement issued by Steve Sadow, co-lead defense council of the 29-year-old star, on February 19. "Nor have his attorneys proffered information on his behalf."
It continued explaining, "What was said at his Alford plea hearing was solely to resolve his own case. It cannot be used by the prosecution against Young Thug or any other defendant."