AceShowbiz - It looks like Soulja Boy has financial problems. The "Kiss Me Thru the Phone" rapper has been instructed to pay $236,000 to his ex Kayla Myers amid their legal battle, but he reportedly can't afford it as he also owes $1 million to IRS.
According to a report from RadarOnline.com, the 32-year-old emcee recently asked a judge to reconsider a lawsuit against Kayla. In his request, he claimed his cost of living has been more than his earnings as of late.
Big Draco, whose real name DeAndre Cortez Way, stated that his current financial situation was not accurately portrayed to the judge when the initial punitive damage award was given. Thus, he is now seeking for the judge to overturn the ruling.
Soulja allegedly admitted to making "millions" when he first launched his music career back in 2007. However, he noted that he now only makes money from shows, appearances and affiliate marketing, and his income is not enough to maintain his lifestyle as an entertainer.
According to the "Crank That" hitmaker, he makes $10,000 - $50,000 per show. It's not a big amount of money considering that he still needs to pay his team, security as well as transportation. In addition, his attorneys expressed to the judge that due to COVID-19, the rrap star was unable to make his normal earnings from shows because many were canceled between 2022-2023.
Soulja additionally claimed that he has no properties nor any other assets to liquidate. He reportedly noted that he doesn't even own the home he's staying in and pays $25,000 instead for montly rent.