Nigerian Afrobeats superstar, Davido has shared how his father, Dr. Adedeji Adeleke, had to refund $200k to get him out of a contract.
In a new interview with BET, Davido said that at the early stage of his career, after scoring the hit single ‘Dami Duro’ as a 17-year-old, he was offered a record deal worth 200,000 USD.
“My Dad found out someone gave me $200K for a contract, he called them, gave them back their money and cancelled the contract,” Davido said, narrating the early days of his career where he found success as a teenager and how this made pursuing a university education tough.
“He didn’t want me to owe anybody but I was feeling like you’re a whole billionaire and you don’t want to give me money, so I had to go find my way,” Davido recounted what led to the contract.
“Thank God he did (cancel the contract) because I would have just been getting off the contract like two years ago,” he said, referring to his Dad refunding the investors.
The story of Davido’s first professional contract has been shared by businessman Tosin Ashafa, who is one of the investors behind the contract.
In a post on his X account, he recounted how the musician’s father bought out the contract.
In the interview, Davido was asked to choose between his ‘A Good Time’ tour and the ‘Timeless’ tour.
The five-time Grammy nominee opted for his ‘Timeless’ tour, which he described as a landmark moment that saw him share his music with fans in sold-out Arenas.
