Moneybagg Yo and Roc Nation Face $100 Million Lawsuit Trial This Fall from His Former Manager

Moneybagg Yo and Roc Nation are set to face trial this October in a $100 million lawsuit brought by Sherry Jackson-Floyd, a Mississippi woman who claims she served as the rapper's former manager. Originally filed in 2019, the lawsuit alleges that Jackson-Floyd played a pivotal role in developing Moneybagg Yo's career after the two met while she was employed at Bank of America. She claims the rapper promised her one-third of his future earnings in exchange for managing both his personal and business affairs.
According to the complaint, Jackson-Floyd says she invested significant time and personal funds to help establish the rapper's image and career, including covering luxury expenses such as a $125,000 down payment on a 2015 Rolls-Royce Wraith and providing financial support for the mothers of his children. She further alleges that after Roc Nation became interested in Moneybagg Yo in 2018, the company signed him without compensating her for her alleged contributions or honoring promises that included a $5,000 weekly salary and a Mercedes G-Wagon. The lawsuit includes text messages that Jackson-Floyd says support those claims.
Jackson-Floyd is seeking $100 million in compensatory damages, punitive damages, and a full accounting of the rapper's earnings since the beginning of 2017. Her attorney, Ralph T. Gibson, said renewed attention surrounding the case follows the confirmation of the October trial date and the recent withdrawal of Moneybagg Yo's lead attorney. The allegations have not been proven in court, and the upcoming trial is expected to determine the merits of Jackson-Floyd's claims against both the rapper and Roc Nation.










