Cassper On Why Some Of The Details Surrounding The R100M Deal Remain Confidential. Cassper shook the South African entertainment industry when he announced a R100M deal with Drip Footwear’s CEO and Founder Lekau Sehoana. The rapper previously mentioned that he had been working on a deal that would lead him to become SA Hip Hop’s first Billionaire and it looks like he is well on his way.
Cassper recently joined DJ Jawz on his After Chillas Podcast to speak more about the R100M deal. DJ Jawz congratulated the rapper and Cassper mentioned that he will always take his call because the DJ was one of the first people to play his music in the industry.
DJ Jawz asked Cassper to explain what exactly the R100M deal entails asking if Cassper bought into Drip Footwear and or if already has R100M to his name. Cassper also explained why the finer details of the deal will remain confidential to him and Lekau.
“So basically I’m in business with Drip. We started talking a long time ago about a shoe, and then we developed a crack into bigger than a shoe and bigger than music. And we started basically a whole new entity between Family Tree and Drip. And the deal we are embarking on is worth R100 Million. The reason why we mentioned the number is because we always shy away from the numbers.“
“In the meeting that we had we said, why don’t we own the numbers. Why should we be shy of saying how much the deal is worth. And me being myself, I said the number and I confirmed the number. I mean Lekau is a different guy he likes to be low key. He’s all about the business only. So I can confirm the number.”
“The details of the deal is partly confidential because of him. I can’t tell his story, but the deal is definetly worth that much.“