Nicki Minaj didn’t hold back when setting the record straight about her part in Jay-Z’s music streaming service sale of Tidal, claiming both he and Steve Stoute are spreading lies.
Record executive Stoute, 54, alleged earlier this month that Jay-Z gave Minaj, 41, “equity” in Tidal prior to its sale in 2021.
Stoute claimed during “The Pivot” podcast on Friday, September 20, that Minaj “didn’t sign the f—ing paperwork that’s the reason why you left millions of dollars on the table.” He further alleged that Jay-Z, 54, “didn’t do nothing to you.”
Minaj, however, remembered the Tidal deal differently, alleging in a series of tweets on Saturday, September 21, that she was told “they made no money on the deal so all they could offer me was a million dollars.”
The “Barbie World” singer claimed that a lawyer advised her to “sign the agreement in 24 hours if I wanted the $1 million or the ‘offer’ was off the table.” Minaj didn’t take the deal, telling her followers she was “scammed” and offered $1 million in an attempt to “be silenced.”
Minaj continued to comment on the sale scandal after seeing a story that claimed she was one of 16 Tidal co-owners who “reportedly received $8.9 million payout” at the time. (Square cofounder Jack Dorsey paid $297 million in cash and stocks for a “significant majority” of Tidal in 2021, according to Vox.)
“Every day a new man pushing 60 years of age gets fingered in the bussy then made to come on this internet & lie on me,” she wrote via X, before advising Stoute and Jay-Z to “never mention my name again.”
Minaj went on to claim that the reason Jay-Z and Stoute — who is the CEO of UnitedMasters and close friend of Jay-Z — turned the focus on her is so that “no one asks about these charges against their BFF,” referring to Sean “Diddy” Combs.
Diddy, 54, was arrested on September 16 after a grand jury indicted him amid a federal investigation. Diddy pleaded not guilty to charges of racketeering conspiracy, sex trafficking by force, fraud or coercion and transportation to engage in prostitution.