“My deal is for like $1.5 million. I haven’t seen 1/16 of that. I don’t even understand what my deal means.”
– Machine Gun Kelly

There have always been rumors surrounding the bad treatment of artists at Bad Boy records. Up-and-coming rap artist Machine Gun Kelly doesn’t seem to happy with his deal at the record company that once brought us the legendary talent Notorious B.I.G.

Many artists receive a signing bonus upon signing to a label. MGK isn’t pleased with the money.

“My deal is for like $1.5 million,” MGK said. “I haven’t seen 1/16 of that. I don’t even understand what my deal means.”

MGK said the money he received is “bulls**t.”

The money, he said, is how much money I have to spend on the making of my album.

“I don’t even f**king use other people’s studio,” he said. “I record in a basement for f**k’s sake. I don’t even have money to spend s**t on.”

MGK went on to say the most expensive items he bought were a magnet and a laptop.

“I don’t have money to spend s**t on yet,” he said.

Machine Gun Kelly is a very talented rapper. Kollegekidd.com hopes Diddy isn’t playing around with MGK’s money.

Despite his financial woes, MGK needs to look on the bright side. At least Diddy didn’t make him walk and grab some cheesecake.

Watch interview Below