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Big Pun's Wife and Children Living in Homeless Shelter
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dmoney82
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Where's Pun's "homeboys" at?
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she shoulda moved out a long time ago. cant live out of your means. joe coulda slid her a few Gs but he doesnt owe her anything. a few Gs woulda been nice butit wasnt gonna pay her bills for the next 60 years. she gotta get a job like the rest of the US. or go get medicaid and suck off those who actually do have towork to pay the bills
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fat joe's first album dropped in 93 and he was da one that put on pun on.
This is true. Joe was runnin with DITC
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Pun did not introduce Fat Joe to the public. SMH at what goes for journalism nowadays. Fat Joe's first album came out in 91 or 92.
I do feel bad for Pun's family.
I do feel bad for Pun's family.
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The funny thing is, the house they were living in was a POS in the hood..how she couldn't afford that is beyond me..
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QFTMFT. Well said, as always. And from everything I've seen with Joe he has looked out for a lot of people. His story adds up very well.Her's not so much.
thousandaire
Banned
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Thats exactly what she should have done
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shouldve move out and got a job
if she thought she coul live off that pun money for the rest of her life, she must be crazy
come on, how long has it been since pun passed away? she should of gotten her stuff together
fat joe really doesnt owe her anything, yea, it would be great if he gave her some money, but it's not his responsibility to take care of her
if she thought she coul live off that pun money for the rest of her life, she must be crazy
come on, how long has it been since pun passed away? she should of gotten her stuff together
fat joe really doesnt owe her anything, yea, it would be great if he gave her some money, but it's not his responsibility to take care of her
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Originally Posted by DMoney82
Where's Pun's "homeboys" at?
need to break her off a diamond or something.
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looks like someone DIDN'T click da WSHH linkOriginally Posted by air max 87
at joe not helpin , if it wasnt for Pun, joe wouldnt be were hes at today....
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that's horrible BUT she looks like she could work so why doesn't she get a job. not surprised fatboy joe isn't helping, he's garbage.
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To the people blaming Fat Joe, hope you know that he was hitting the fam with fat checks after Pun passed but his wife splurged on herself and when he saw thathe cut her off. She used none of the money on the kids.
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Someone needs to help them out.
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Combat Jack (ex hip hop entertainment lawyer) Bogged about it...
http://daily-math.com/weblog/?p=1033#more-1033
The lawyer in me hates $+$# like this. As posted everywhere, Liza Rios, widow of the late, great Christopher Rios p/k/a "Big Pun" is crying broke,telling how she and her kids are living in a shelter and putting Fat Joe on blast, alleging that he somehow ganked her for royalties earned in connection withrecords released by Pun. She states "financial woes have forced her and her kids to live in a city shelter. Rios says that she received $160k in royaltiesfrom her late husband's music, but that those funds were quickly used up in mortgage payments and childcare."
Of course, Joe immediately responded: "Immediately after Pun's death I gave Liza Rios the whole advance of the Endangered Species album, NO ONE butLiza made a dollar off that album. I also gave her the total advance from the publishing company that was due to Big Pun.
I've never made a dollar off Big Pun since his passing. This was hundreds of thousands of dollars of frivolous spending, after the second payoff I washedmy hands. Since then we have been through 6 lawyers, harassment on various radio stations and online mediums every time she needs more money. I also have legaldocuments stating that NO ONE is making money off of Big Pun.
I sympathize with Liza, but I have already done enough for her. In these economic times we as parents need to be resilient and do what it takes to provide forour own families."
$160,000??? Let's do some effin math. Pun was signed to Terror Sqaud was signed to Relativity Records was signed to Sony. When Joe signed Pun, as a newartist, Joe probably received anywhere from $50,000 to $150,000 of which Pun probably received anywhere from $25,000 to $75,000, depending of course on thesize and nature of Joe's deal with Relativity. Let's meet in the middle and say $50,000. Not much but believe me, as a new artist in the mid1990's, that's not bad for a rapper with NO TRACK RECORD. Pun's first album, Capital Punishment sells over 1,000,000 units [||] and is certifiedplatinum. Like I've said before, back in the '90's certified platinum wasn't all that, it just got an artist in the game and convinced thelabel that that act was worth at least a second album. That's all that meant. No Bentley's, no planes, yachts or mansions, just a second bite at theapple. So after sales, Sony takes their cut from the top, and trust, their cut is significant. Whatever bits of dough is left gets paid to Relativity.Relativity recoups EVERYTHING from Terror Squad, videos, travel, promotion, wardrobe, recording costs, Joe and Pun's sizable eating expenses, EVERYTHINGand then some. So now the dough is looking like pretzel bits which then goes to Terror Squad to break up. TS takes them pretzel bits and tries to soak upwhatever expenses they paid directly to Pun, like his initial advance which I said would be around $50k, and after whatever's left they pay him anadditional $50k. So let's add that $50k to the number I said before. Big Pun is walking around with about $100k in connection with his first album. If TSdid a co-publishing deal with Pun, meaning they shared in his publishing income, Pun prolly received another $25-$50k on top of the $100k. Let's round thatout to $130k. Throw in some show money in which Pun might have been billing at least $10k per show and Pun while alive was making some serious coin. Off courseyou have to factor his manager's fee which was most likely 20% of all them above-referenced figures. Then there's always that new artist factor, howalmost EVERY new artist that comes into some new money automatically blows that $+$# on the frivolous car, jewelry, eats, wife and mistress expenses, plus madvisits to Sue's Rendevous. Trust that Liza had no complaints when $+$# was popping, other than them gun butting incidents.
Everybody being happy at the success of Capital Punishment, Pun's lawyers, having more leverage, come at Joe, TS and Relativity hard [||] to re-negotiatePun's deal. Relativity ponies up more money for TS, Joe gets a stack and Pun probably walks away with anywhere from $100 - $250k up front for his secondproject. Pun passes on February 7th, 2000 and because he's not around to put the work in necessary to effectively promote his second record Yeeeah Baby,released shortly after on April 4, 2000, the album under performs and sells over 500,000 units, certified as a gold album. If platinum was meh in the'90's, gold status most definitely pissed off the TI's in the Sony building. Pissed at the fact that Pun walked away with a sizeable advance andexpenses (more costly videos, bigger marketing and promotion costs, etc) that they were not in a position to recoup from. Well, Sony most likely did recoupdollar for dollar with profit, but how them deals are structured from the top down, even if they made money, Relativty, TS and Pun were most likely unrecouped.You still with me?
Joe, still mourning the death of his compadre and main bread winner, plus having some un-released masters featuring performances of Pun fights with Relativtyand Sony on TS and Pun's behalf to honor the remainder of Pun's renegotiated agreement to release a third album and pay Pun's estate whateveradvances monies Pun would have received had he still been alive. Sony trying to maximize on sales, as well as Relativity agree and pony up $160k to Liza Riosfor Pun's third and last album Endangered Species, released on April 3, 2001. Endangered Species as we all know, tanks and sells brick. Joe, TS, Relativityand Sony make no money, Liza Rios is eating steak with that arroz con pollo. Ten years later she pops up crying broke.
People, I've seen these scenarios hundreds of times. Different actors, but always the same script. Not that I'm heartless in connection with olegirl's current woes, but that $+$# is nothing new. Not saying Joe is any types of angel, but like that other man said, men lie, women lie, numbersdon't.
No shots were fired in the making of this post.
UPDATE: There's some stating that Big Pun was signed initially to Loud/ RCA. That's what I remember as well but all I'm pulling up in my researchfor this post is that the Pun records fall under Relativity/Sony. As there was a corporate merge between Sony and BMG (RCA's parent company) in 2004, allPun records are listed as being released within in the Sony system. Still and all, the numbers breakdown remain the same. I take my work here at the DailyMathematics very seriously.
As should Peter Rosenberg. SHOTS!
http://daily-math.com/weblog/?p=1033#more-1033
The lawyer in me hates $+$# like this. As posted everywhere, Liza Rios, widow of the late, great Christopher Rios p/k/a "Big Pun" is crying broke,telling how she and her kids are living in a shelter and putting Fat Joe on blast, alleging that he somehow ganked her for royalties earned in connection withrecords released by Pun. She states "financial woes have forced her and her kids to live in a city shelter. Rios says that she received $160k in royaltiesfrom her late husband's music, but that those funds were quickly used up in mortgage payments and childcare."
Of course, Joe immediately responded: "Immediately after Pun's death I gave Liza Rios the whole advance of the Endangered Species album, NO ONE butLiza made a dollar off that album. I also gave her the total advance from the publishing company that was due to Big Pun.
I've never made a dollar off Big Pun since his passing. This was hundreds of thousands of dollars of frivolous spending, after the second payoff I washedmy hands. Since then we have been through 6 lawyers, harassment on various radio stations and online mediums every time she needs more money. I also have legaldocuments stating that NO ONE is making money off of Big Pun.
I sympathize with Liza, but I have already done enough for her. In these economic times we as parents need to be resilient and do what it takes to provide forour own families."
$160,000??? Let's do some effin math. Pun was signed to Terror Sqaud was signed to Relativity Records was signed to Sony. When Joe signed Pun, as a newartist, Joe probably received anywhere from $50,000 to $150,000 of which Pun probably received anywhere from $25,000 to $75,000, depending of course on thesize and nature of Joe's deal with Relativity. Let's meet in the middle and say $50,000. Not much but believe me, as a new artist in the mid1990's, that's not bad for a rapper with NO TRACK RECORD. Pun's first album, Capital Punishment sells over 1,000,000 units [||] and is certifiedplatinum. Like I've said before, back in the '90's certified platinum wasn't all that, it just got an artist in the game and convinced thelabel that that act was worth at least a second album. That's all that meant. No Bentley's, no planes, yachts or mansions, just a second bite at theapple. So after sales, Sony takes their cut from the top, and trust, their cut is significant. Whatever bits of dough is left gets paid to Relativity.Relativity recoups EVERYTHING from Terror Squad, videos, travel, promotion, wardrobe, recording costs, Joe and Pun's sizable eating expenses, EVERYTHINGand then some. So now the dough is looking like pretzel bits which then goes to Terror Squad to break up. TS takes them pretzel bits and tries to soak upwhatever expenses they paid directly to Pun, like his initial advance which I said would be around $50k, and after whatever's left they pay him anadditional $50k. So let's add that $50k to the number I said before. Big Pun is walking around with about $100k in connection with his first album. If TSdid a co-publishing deal with Pun, meaning they shared in his publishing income, Pun prolly received another $25-$50k on top of the $100k. Let's round thatout to $130k. Throw in some show money in which Pun might have been billing at least $10k per show and Pun while alive was making some serious coin. Off courseyou have to factor his manager's fee which was most likely 20% of all them above-referenced figures. Then there's always that new artist factor, howalmost EVERY new artist that comes into some new money automatically blows that $+$# on the frivolous car, jewelry, eats, wife and mistress expenses, plus madvisits to Sue's Rendevous. Trust that Liza had no complaints when $+$# was popping, other than them gun butting incidents.
Everybody being happy at the success of Capital Punishment, Pun's lawyers, having more leverage, come at Joe, TS and Relativity hard [||] to re-negotiatePun's deal. Relativity ponies up more money for TS, Joe gets a stack and Pun probably walks away with anywhere from $100 - $250k up front for his secondproject. Pun passes on February 7th, 2000 and because he's not around to put the work in necessary to effectively promote his second record Yeeeah Baby,released shortly after on April 4, 2000, the album under performs and sells over 500,000 units, certified as a gold album. If platinum was meh in the'90's, gold status most definitely pissed off the TI's in the Sony building. Pissed at the fact that Pun walked away with a sizeable advance andexpenses (more costly videos, bigger marketing and promotion costs, etc) that they were not in a position to recoup from. Well, Sony most likely did recoupdollar for dollar with profit, but how them deals are structured from the top down, even if they made money, Relativty, TS and Pun were most likely unrecouped.You still with me?
Joe, still mourning the death of his compadre and main bread winner, plus having some un-released masters featuring performances of Pun fights with Relativtyand Sony on TS and Pun's behalf to honor the remainder of Pun's renegotiated agreement to release a third album and pay Pun's estate whateveradvances monies Pun would have received had he still been alive. Sony trying to maximize on sales, as well as Relativity agree and pony up $160k to Liza Riosfor Pun's third and last album Endangered Species, released on April 3, 2001. Endangered Species as we all know, tanks and sells brick. Joe, TS, Relativityand Sony make no money, Liza Rios is eating steak with that arroz con pollo. Ten years later she pops up crying broke.
People, I've seen these scenarios hundreds of times. Different actors, but always the same script. Not that I'm heartless in connection with olegirl's current woes, but that $+$# is nothing new. Not saying Joe is any types of angel, but like that other man said, men lie, women lie, numbersdon't.
No shots were fired in the making of this post.
UPDATE: There's some stating that Big Pun was signed initially to Loud/ RCA. That's what I remember as well but all I'm pulling up in my researchfor this post is that the Pun records fall under Relativity/Sony. As there was a corporate merge between Sony and BMG (RCA's parent company) in 2004, allPun records are listed as being released within in the Sony system. Still and all, the numbers breakdown remain the same. I take my work here at the DailyMathematics very seriously.
As should Peter Rosenberg. SHOTS!
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Originally Posted by air max 87
at joe not helpin , if it wasnt for Pun, joe wouldnt be were hes at today....
Again, Joe doesn't owe her anything. He didn't marry her nor are those kids his. His family is eatting well. He could give the kids something sincethose are his man's seeds but he doesn't HAVE to. She probably had an attitude of entitlement, that is why she is broke now.
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She better find a job off the books..
m16
Banned
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Disgusting.
RIP Christopher Rios.
RIP Christopher Rios.
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enyceking
Banned
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QFTOriginally Posted by DAYTONA 5000
Originally Posted by air max 87
at joe not helpin , if it wasnt for Pun, joe wouldnt be were hes at today....
Again, Joe doesn't owe her anything. He didn't marry her nor are those kids his. His family is eatting well. He could give the kids something since those are his man's seeds but he doesn't HAVE to. She probably had an attitude of entitlement, that is why she is broke now.
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im not saying owes her Anything, but when you act like someones family, and the whole 9, and you see someone you considered "brother"kids strugglin help them at least, **%* the mom, but the kids dont know anything......Originally Posted by DAYTONA 5000
Originally Posted by air max 87
at joe not helpin , if it wasnt for Pun, joe wouldnt be were hes at today....
Again, Joe doesn't owe her anything. He didn't marry her nor are those kids his. His family is eatting well. He could give the kids something since those are his man's seeds but he doesn't HAVE to. She probably had an attitude of entitlement, that is why she is broke now.
The_Isomotion31
formerly thewindscar31
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She had her chance, and apparently did not manage it well...
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co sign.... but she only got 160k for her husbands death does not add up...
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If you look on page 2 Combat Jack broke down the math... All things considering she got a damn good look if all that's on point.
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