Moneybagg Yo’s Former Manager Demands $100M, Says Roc Nation Forced Her Out

June 23, 2026

Sherry Jackson-Floyd claims she transformed Moneybagg Yo from a $2,500-per-show artist into a multi-million dollar brand, but never got paid for her work.

Moneybagg Yo is facing a $100 million lawsuit from his former manager, who claims she built his entire career from the ground up before getting completely cut out of the picture.

Sherry Jackson-Floyd says she transformed him from a struggling artist pulling in $1,500 to $2,500 per show into a multi-million dollar brand, but never saw a dime for her work.

The lawsuit names Moneybagg Yo, his label Bread Gang Enterprises, and Roc Nation as defendants.

Jackson-Floyd’s attorney, Ralph Gibson, laid out the case clearly: “It’s a commercial contract case.”

He also pointed to what he calls intentional interference from Roc Nation, saying the management company knew about Floyd’s existing contract with the rapper but signed him anyway without honoring her financial stake in the brand.

When Floyd and Moneybagg Yo connected in 2015, he was barely making money at shows.

She took on the roles of personal and business manager, handling everything from registering trademarks to setting up his LLC in Tennessee to managing his day-to-day operations.

According to the lawsuit, she invested between $1.5 million and $2 million into building the “Moneybagg Yo” brand, including putting down $125,000 on a Rolls-Royce for him.

She also paid off his credit cards, bought him $50,000 in jewelry, funded his social media promotion, and took care of several of his children.

By 2017, his best year yet, Moneybagg Yo was earning around $3 million, and Gibson says none of it would have happened without Floyd’s work.

“Obviously, he was the artist, but without her, he could not have gotten as big as he got,” Gibson said.

Text messages entered as evidence show Moneybagg Yo promised her $5,000 a week and a $150,000 Mercedes G-wagon, plus one-third ownership of all past and future brand revenue. She never received any of it.

The lawsuit also claims that when Moneybagg Yo failed to make payments on accounts linked to Floyd’s credit cards, it destroyed her credit score and cost her a job at a bank.

Gibson says Roc Nation violated industry standards by failing to buy out Floyd’s stake when it signed the artist.

“What Roc Nation does is they have artists come to them, and then usually the industry standard is that they’re supposed to pay for the local manager and producer, and they just didn’t do that in this case,” he explained.

According to WREG, Roc Nation hasn’t responded to requests for comment about the lawsuit.

The case is scheduled for trial in Shelby County this October, and similar disputes over management rights have plagued the industry for years.

Floyd’s legal team is seeking $100 million in damages for breach of contract and intentional interference with her business interests.

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