Jay-Z's got 99 problems and they all include unpaid debts!
The rapper, who is worth around $500 million BTW, and his clothing line Rocawear are being sued for not paying what they owe to wholesale company iSource NYC.
The company alleges that Rocawear owes about $450,000 for specialty designs that were ordered to be made in Pakistan and shipped to New York over a year ago.
While iSource did their part in making the items, Rocawear has yet to cough up the dough and "never returned the ROC goods to iSource."
Even though they paid a small portion of the debt, iSource is asking for the entire balance, as well as 9% interest.
Looks like someone came to play hardball!
However, we know Jay's got the best lawyers in the biz so we have a feeling this will most likely be settled out of court.
As for now, Jay and Rocawear have yet to comment on the matter.
[Image via WENN.]
Tags: jay z, lawsuit, rocawear, unpaid debts