By now you've all heard the story about the fisticuffs that took place between comedian Jamie Foxx and his longtime manager Breyon Prescott at a Belvedere Red party earlier this month.
According to an industry insider, who is close to both Jay Z and Jamie Foxx's camps, Jigga came to the rescue of his friend by unofficially blacklisting Prescott at the 2011 Grammy's.
My source tells me that Jay Z gave the order to his people to take Prescott's name off of his Grammy party lists -- and others in the industry followed suit.
Jay Z threw a Roc Nation brunch on the Saturday after the fight, according to my source who attended the brunch. He said when Jay saw that Prescott's name was on the list, he reportedly said, "we don't need people up here who fights their artists. It's not a good look."
Ironically, it was a pre-Grammy fight in 2009 that led to Jay Z imposing a similar blacklist on Chris Brown that nearly destroyed the singer's career after he assaulted his then-girlfriend, and Jay Z protege, Rihanna.
According to the insider, Foxx and Prescott fell out long before the ruckus took place at Club Avalon in Hollywood on Feb. 10. The two men had been friends and business partners since 1994 when Foxx released his first album entitled Peep This.
But in recent years, Jamie bristled at rumors that Breyon was allegedly using his name to make money under the table. "He was taking kickbacks, side deals, alla dat - and now Jamie doesn't want nothing to do with him," said my source in a phone call yesterday.
It seems that Prescott was too "attached" to Foxx -- but not in the way that other blogs have claimed. "He was jealous because Jamie had a better table than he did," said my informant.
Breyon's habit of using Foxx's name to score sexual services from industry groupies also troubled Foxx. The source said Prescott was drunk when they got to fighting at Avalon after Foxx had severed all contact with him.
"When Jamie got Breyon in a headlock, Breyon bit Jamie's finger. Jamie had to get stitches in that finger," said the insider, who went on to say that Foxx is huddling with his attorneys to find a way to get Jamie out of his rock solid contract with Prescott. "I think he's got 3 more albums in that contract with Breyon," the source said.