What's Up With Soulja Boy's $400 Million Dollar Deal

What’s Up With Soulja Boy’s $400 Million Dollar Deal

Remember when Soulja Boy tweeted about that 400 million dollar deal with World Poker Fund? Well the company’s spokesperson, Matthew Bird, is saying that’s not true…at least for now.

According to UPROXX, Soulja Boy’s deal with ‘World Poker Fund’ is capped at $400 million, and it’s based on a forward-thinking valuation of the company,” Bird said. “He’s young, he’s 25 years old. He got really excited, and he tweeted something he probably shouldn’t have tweeted.”

“The company’s market cap is at $51.8 million.” he said. “There’s no way they could cut a $400 million deal. Endorsement deals are calculated on a lot of different factors. This is not a fully cash transaction.”

But hey if all goes well it can be reality!

Source:

https://www.google.com/amp/uproxx.com/realtalk/soulja-boy-400-million-contract-not-true/amp/#

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