Source: Jimmy Fontaine / AtlanticThe rapper Kevin Gates and his former wife, Dreka, have been separated for quite some time. But it appears that the two will be linked again, this time due to a court ruling that dictates that he send a chunk of his music proceeds to Dreka, to the tune of one million dollars. According to reports, $929,341.50 will go to Dreka for child support and spousal support, and that will be distributed from a Morgan Stanley account which will be handled by record label Bread Winner Alumni CFO Robert Bracy containing all of the proceeds from the sale. Bread Winner is one of Gates’ companies. William Duerksen, a public accountant, has authorization over the account.Dreka is also slated to receive $150,000 in a direct payment. Her attorneys will get $125,000, and her accountant will receive $100,000. Judicial Arbitration and Mediation Services, a third-party mediation service invovled in the proceedings, earns $103,000 according to TMZ.Kevin Gates’ share of the proceeds isn’t minimal – he’ll get $538,798 outright, and $225,000 a month. The payments are set to be doled out immediately after the court ruling, which took place on Wednesday (October 21).The financia...
Kevin Gates Owes Dreka Gates 1 Million From Catalog
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