Ice Prince has turned down an endorsement deal from major telecom company Globacom.
Insiders said during the week, that the
rapper was approached with a mouth watering deal to become the brand’s
latest ambassador because of his recent successes but Panshak Zamani doesn’t come cheap. We’re told he’s asking for a whooping sum of $1m (N157,000,000) or no deal.
‘He was serious, he knows his worth and knows they can afford it so
he turned the deal down‘, our anonymous insider at GLO said.
Most GLO ambassadors are paid within the N10-N20m range, with D’banj
and Psquare being the rare exceptions. Psquare got N240m for a four year
deal.
It remains uncertain if GLO is upping the figures for the Chocolate
city rapper. But if they concede to Ice’s demands, he’ll become the
rapper with the biggest endorsement deal ever. But Ice Prince is cool
with that (no pun intended). In the last 20 months, the rapper has
become the highest-earning Nigerian rapper, with revenue sources
including concert fees and endorsements (he inked a deal with LG in
2012) as well as non-music related deals no one is wiling to talk about.
The rapper’s management has denied the telecoms approached their
team. ‘We didn’t get any offer from them, I just confirmed from my team,
there’s been no offer’, a rep for Ice Prince says.
A rep for GLO, Charles declined commenting, stating that it was not in his place to do so.