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 its based on a forward-thinking valuation of the company, Bird said. Hes young, hes 25 years old. He got really excited, and he tweeted something he probably shouldnt have tweeted.
The companys market cap is at $51.8 million. he said. Theres 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/#
