Big Pun's Wife and Children Living in Homeless Shelter

[djaward]

GOOD JOB JOEY. That interview was great. Hes right too, she cant make money just by being someones wife. She needs to get off that %%! and find a job. I feelbad for them though. Grown ups in a shelter doesnt hurt me, but me hearing theres kids in a shelter?? That hurts. THey are not at fault.

 

[antbanks81]

In the end, this bird needs to get a job! It seems to me as though she wanted to continue with the same lifestyle. You know how many single mothers out hereliving well because they work?

 

[10sakuragi]

Originally Posted by Baalnood

That's f-up! Sorry for my french. Fat Joe should help out Pun's wife and kids.

 

[shabooyah1124]

Originally Posted by 10Sakuragi

Originally Posted by Baalnood

That's f-up! Sorry for my french. Fat Joe should help out Pun's wife and kids.

You guys really need to listen to that Joe interview before you say anthing. Joe has been more than fair with her.

 

[supermanblue79]

Originally Posted by lobotomybeats

Big Shunned

...sad situation

lobotomybeats wrote:

---

Big Shunned

 

[wildout4]

i feel bad for the kids

 

[dearwinter219]

Meh.. no sympathy here. Most people don't get what she had and squandered...

 

[its labrev]

MR MONDAY NIIGHT wrote:

---

She better find a job off the books..

I see what you did there.

 

[forgot about jae]

I can't believe a word fat joe says..I don't trust his street cred

 

[seymore cake]

Originally Posted by its Labrev

MR MONDAY NIIGHT wrote:

---

She better find a job off the books..

I see what you did there.

 

[produccionfrescos]

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.

[color= rgb(255, 0, 0)]Co-sign.[/color]

 

[twig1026]

Happens a lot. She was too dependant on her husbands income

 

[jayadict92]

Originally Posted by shabooyah1124

Originally Posted by 10Sakuragi

Originally Posted by Baalnood

That's f-up! Sorry for my french. Fat Joe should help out Pun's wife and kids.

You guys really need to listen to that Joe interview before you say anything. Joe has been more than fair with her.

shabooyah speaks the truth.

 

[swanginon4z]

Originally Posted by Dapper D

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 with records 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 royalties from 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 but Liza 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 washed my 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 legal documents 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 for our 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 new artist, 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 the size 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 mid 1990'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 certified platinum. 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 the label 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 the apple. 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, EVERYTHING and 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 up whatever 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 an additional $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 TS did 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 that out 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 course you 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, how almost EVERY new artist that comes into some new money automatically blows that $+$# on the frivolous car, jewelry, eats, wife and mistress expenses, plus mad visits 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-negotiate Pun'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 second project. 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 and expenses (more costly videos, bigger marketing and promotion costs, etc) that they were not in a position to recoup from. Well, Sony most likely did recoup dollar 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 Relativty and 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 whatever advances 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 Rios for 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, Relativity and 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 ole girl'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, numbers don'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 research for 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, all Pun 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 Daily Mathematics very seriously.

As should Peter Rosenberg. SHOTS!

very enlightening but like, why did you write soo much? my eyes hurt!

 

[av1r3x]

I feel for the kids more than anything. It hurts to see children suffer because of an ADULT's mistake(s). Reading the article and listening to Fat Joe,sounds like the broad just wanted to lay back and live lavishly without much effort..I don't follow the hip-hop community so I'm not sure about thisDVD or whatever, but regaardless. The main breadwinner (Pun) is gone and she needs to take responsiblity..Get section 8 if you have to, work for $8/hr..

 

[92]

Originally Posted by Seymore CAKE

Originally Posted by AntBanks81

I hate to hear of the trouble. Its amazing how many people were crying about him but won't even look to help his family. A modest home and her working would be enough to stop this from happening. There has to be more to this story than her and Joe beefing.

Exactly... but on some for real for real why in the hell would you stay in that type of house knowing damn well you didn't have the means to sustain/pay it off. You were expecting hand outs for the rest of your life basically. I'm not saying that Joe isn't supposed to look out for Pun's family but at the same time what are you bringing to the table? What are you doing to provide for your kids?

Everytime I hear about her I hear the same thing: "Joe's not doing this"... "Pun should received this" ... "We aren't being looked after"... "I'm struggling to do for my kids because they aren't helping"... etc...

Bottomline is Pun isn't here anymore and as a mother you're responsible for these kids, not Joe, not T.S... YOU. She should've put that house up on the market right after he passed and whatever she got from it coupled with that 160 she could've gotten them a nice little crib and moved on with their life from there.

preach...

 

[grittyman20]

Fat Joe: She has to find a job, somehow, someway.

/thread.

 

[willca718]

I agree with Dirty.....Life insurance is supposed to help maintain the life style of the family in case they pass away.....SMH...

 

[biggie62]

Yea I agree with almost everyone here. She can't expect to live off Pun's legacy. She has to get some kind of job and support herself. But this is whathappens when someone gets money for not doing much if anything at all. Then loses it all and wants to keep up the same lifestyle.

 

[mytmouse76]

SMH @ her and Pun not handling business...

 

[krazyg]

I feel bad for the wife and kids. I watched the documentary on rappers' wives on tv, and the feature on Big Pun's family was pretty bad. Pun was notthe ideal family man.

 

[swanginon4z]

Originally Posted by krazyg

I feel bad for the wife and kids. I watched the documentary on rappers' wives on tv, and the feature on Big Pun's family was pretty bad. Pun was not the ideal family man.

how was he a bad husband? i know nothing about dude so plz enlighten me sir.

 

[air kalo]

Time for moms to roll up them sleeves...

 

[mytmouse76]

Originally Posted by SwanginOn4z

Originally Posted by krazyg

I feel bad for the wife and kids. I watched the documentary on rappers' wives on tv, and the feature on Big Pun's family was pretty bad. Pun was not the ideal family man.

how was he a bad husband? i know nothing about dude so plz enlighten me sir.

he beat her...they actually have in on tape beating her with a gun...

 

[high class scum bag]

if she was smart, she would've took that 160k, kept the crib and rented it out and moved down south...that type of money in the south in the early2000's would've stretched a long way.

i dont feel sorry for her, there are millions of ppl surviving who didnt get a 160k head start...