Lloyd Banks Discloses the Enormous Advance He Received for His Second Album.

Lloyd Banks Discloses the Enormous Advance He Received for His Second Album.

Lloyd Banks (the former G-Unit member) revealed to Brian “B.Dot” Miller and Elliott Wilson during a sit-down interview with Rap Radar that he earned $1,000,000 in advance of his 2006 project and acknowledged that the amount was never so high again.

“My advance for my second album was like a million dollars,” said Banks, with Miller interjecting: “Those days are over.”

“Yeah, I never told nobody that, but yeah” Banks continued. “But then imagine what the third one was supposed to be.”

The Queens rapper Banks was forced to abandon The Big Withdrawl, which was supposed to be his second project but was reportedly leaked by two ladies he had a threesome with, and instead released Rotten Apple, the follow-up to his immensely popular 2004 debut album The Hunger For More. An unmastered copy of the record was apparently left at the women’s house by Banks. Banks started working on Rotten Apple not long after the disclosure.

50 Cent, Tony Yayo, Young Buck, Rakim, Scarface, Mobb Deep, Keri Hilson, Musiq Soulchild, and 8 Ball made cameos on the album. The likes of 9th Wonder, Eminem, Sha Money XL, and others were involved in the production of Rotten Apple. The album sold 143,000 units in its first week and debuted at No. 3 on the Billboard 200.

In an interview with HipHopDX, Lloyd Banks remarked that despite his tireless efforts to promote The Course of the Inevitable 2, he still feels as though he is searching for the “perfect record.”

“I just feel like I’m chasing the ultimate album, you know what I mean?” he said. “So it’s like, I can’t possibly be finished. I also lost more than a few years from just taking hiatuses in the business. In a lot of spots, I’ve might have been expected to have momentum, but I wasn’t in a situation at the time to just drop album after album.”

Since resuming their acclaimed Rap Radar podcast on August 18, Wilson and Miller have spoken with four guests, including Lloyd Banks. The duo chatted with DJ Khaled last week; his 13th album, God Did, landed at No. 1 on the Billboard 200 this week.

On September 8, the entire interview with Lloyd Banks will be aired.

What are your thoughts on this? Let us know in the comments section.