Moneybagg Yo Reaches Executive Status With New Loaf Boyz Ventures Deal

His Loaf Boyz label imprint is part of a major new partnership.

BYLavender Alexandria
MoneyBagg Yo Larger Than Life Tour - Atlanta, GA

It's become increasingly common these days for rappers to take a business-oriented route to their music. Many have gone the route of creating their own imprint labels to sign other artists to, with varying degrees of success. That means that rappers with some clout behind them, they can be elevated to executive and eventually even mogul status. Moneybagg Yo recently became the newest rapper to join the executive tier.

That came as the result of a recent deal he signed with his label Loaf Boyz Ventures. They teamed up with 10k Projects which falls under Warner Music Group for an executive partnership. They're already underway with promotion for new artists from the label as well. YTB Fatt dropped his first mixtape Who Is Fatt back in August under the new partnership deal. In the official announcement of the deal, 10k Projects CEO Elliot Grange praised Moneybagg Yo. “Moneybagg Yo is one of the most exciting forces in hip hop. We are so happy to welcome him and his team into the 10K family as we work together to identify and develop the next generation of artists," his statement reads. Read the official announcement below.

Read More: Moneybagg Yo Criticized For Emptying Bank Account And Then Returning Money The Next Day

Moneybagg Yo At The Center Of New Label Partnership

Much of the news regarding Moneybagg Yo in recent months has to do with him and girlfriend Ari Fletcher. In fact, she might have been even more than just his girlfriend the whole time. Earlier this month she claimed that the couple actually tied the knot already and have been married for two years. Fans online are still debating whether or not she was speaking literally.

The pair have spent all year making waves online for their relationship. Back in September, they shared an adorable video to social media of them both getting very excited at Beyonce's tour stop in Houston. What do you think of Moneybagg Yo's label signing a new deal with 10k Projects? Let us know in the comment section below.

Read More: Chris Brown Impresses Moneybagg Yo With Mind-Blowing Closet Tour


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About The Author
Lavender Alexandria is a music and culture journalist based in Los Angeles, California. She’s covered dozens of musical genres and styles from the most mainstream to the most experimental and underground on her blog and accompanying YouTube channel that looks at music, pop culture, and Billboard charts since 2017: Lav’s Music Corner. Lavender has produced editorial and listicle content both in written and video form over the past far years and has also interviewed up-and-coming artists like Censored Dialogue. Her experiences covering culture have taken her from Hyperpop parties in LA to underground rap shows in Atlanta, to DIY punk shows in Charlotte. Lavender has also written for iHeartRadio, covering some of the biggest artists in Hip Hop such as Ice Spice, Drake, Doja Cat and Cardi B. She also has bylines with ScreenRant and continues to write for Ringtone magazine. Lavender is a lifelong Charlotte Hornets fan and her favorite rap artists include Clipping, Little Simz, Earl Sweatshirt, and Kendrick Lamar.