50 Cent is having an amazing day!
According to legal docs obtained by TMZ, the rapper was able to make a deal with a judge to get out of his insane bankruptcy scandal.
Related: 50 Cent Donates $100K To An Autism Charity
Luckily for the 41-year-old, the judge just approved the financial plan which he originally submitted in April of this year. The strategy requires the mogul to pay a whopping $23 million over the course of five years.
Per the docs, the celeb will cough up $17 million to Sleek Audio and $6 million to Lastonia Leviston.
In a statement, the musician's lawyer explained:
"Mr. Jackson is pleased that the Bankruptcy Court approved his plan of reorganization today, less than one year after filing for chapter 11 to reorganize his financial affairs. Mr. Jackson appreciates the fresh start this process provides."
What a relief for the New York native! We're glad he's dealing with this head-on.
Here's to better money management this time around, 50!
[Image via Instagram.]
Tags: 50 cent, legal matters