Kevin Gates Reportedly Ordered To Share Over $1M In Music Catalog Proceeds With Estranged Wife Dreka Gates
Court documents say Dreka Gates will get $1.08 million for support and fees as Kevin Gates receives catalog-sale payments.
- A court order mandates that proceeds from Kevin Gates' music catalog sale be deposited into a Morgan Stanley account managed by Bread Winners Association CFO Robert Bracy and William Duerksen to distribute funds to estranged wife Dreka Gates.
- Following the couple's divorce filing last year, ongoing financial disputes prompted the mandate; reports revealed Dreka was seeking more than $70,000 in monthly support as the legal battle intensified.
- Under the arrangement, Dreka receives $929,341.50 in support plus an additional $150,000, while distributions include $125,000 for attorney fees, $100,000 for accountant Harvey Bezozi, and $103,000 for Judicial Arbitration and Mediation Services.
- Kevin will receive an upfront fee of $538,798, followed by monthly payments of $225,000 beginning in October; Morgan Stanley is instructed to disallow him from being an authorized account individual.
- Amid the legal proceedings, Kevin previously accused Dreka of "attacking his image" and painting him as a "deadbeat daddy," while Dreka alleged he failed to cover property taxes and tuition.
15 Articles
15 Articles
Kevin Gates’ Estranged Wife Dreka Gets the Last Laugh as Judge Orders Him to Share His Music Fortune
Kevin Gates’ estranged wife Dreka Gates once accused the rapper of no longer supporting her or their two children. But it looks like those days […] Kevin Gates’ Estranged Wife Dreka Gets the Last Laugh as Judge Orders Him to Share His Music Fortune
Rapper Kevin Gates’ estranged wife set to receive over $1M from him after court order
Kevin Gates’ estranged wife, Dreka Gates, is set to receive over $1 million from the rapper after he was ordered to share a portion of his music catalog sale proceeds with her. Per TMZ, court documents state that the entire funds from the sale must be deposited into a Morgan Stanley account. Robert Bracy, who...
Kevin Gates Ordered to Pay Dreka Nearly $930K in Support Plus Another $150K Amid MESSY Divorce
Kevin Gates won’t be keeping all the money from his music catalog sale. A court has ordered the rapper to direct a substantial portion of the proceeds to his estranged wife, Dreka Gates, as the two continue their contentious divorce. Court documents obtained by TMZ show that Dreka is entitled to $929,341.50 in child and […]
Kevin Gates Reportedly Ordered To Share Over $1M In Music Catalog Proceeds With Estranged Wife Dreka Gates
Kevin Gates and Dreka Gates are back in the headlines, and chile, their ongoing split is bringing some serious money matters into the conversation! The estranged couple is now dealing with a court order involving the sale of Kevin’s music catalog. And now, Dreka is reportedly set to receive a portion of the proceeds as [...]
Coverage Details
Bias Distribution
- 57% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
