Tyga just settled a lawsuit brought against him by his former management company for a whopping $1.5 million.
TMZ reports that C&J Management claims they made the 27-year old, born Michael Ray Stevenson, a worldwide star and he repaid them by giving them the boot with no cause.
C&J says they lost millions of dollars in commissions because of the firing.
Tyga will have to chip away at the debt in installments, beginning with a $250,000 payment that is due within 10 days of signing the settlement papers. Afterwards there will be 4 installments of $137,500 each. He'll then have to cough up $700,000 on June 1, 2019, to satisfy the remaining balance.
That's a lot of money, but things could have been worse for Tyga. C&J was initially seeking $4 million.
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