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Former record label honcho Marion “Suge” Knight claims Deion Sanders never paid back the $500,000 he invested in Sanders’ aspiring rap career.

Rap and Hip-Hop were on fire in the 1990s. Dual sport superstar Sanders wanted to get in on the action. Sanders reportedly reached out to Knight who co-founded Death Row Records in 1991 with Dr. Dre and The D.O.C.

“When Prime wanted to be a rapper, I spent over half a million dollars of my own money,” Knight told Nick Cannon in a jailhouse phone call that aired on his podcast, “The Daily Cannon.”

“I put guys in the studio, I paid [music producer] Dallas Austin, I did all these songs, did everything.

“Then one day he [Deion’s agent] came to me and said, ‘Well, Prime’s deal’s with Nike and Death Row is a Black-owned company, and we don’t really want to deal with a Black-owned company, even though you paid for everything. We signed to you, put us on the Interscope label brand.”

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In 1994, Sanders signed with MC Hammer’s Bust It Records. In December of that year, he released his debut album Prime Time on Bust It Records/Capitol Records.

Sanders’ first single “Must Be The Money,” was his introduction into the music industry.

In unrelated news, music mogul Akon is threatening to file a defamation lawsuit against Knight over allegations he made on the first episode of his “Collect Call” jailhouse podcast.

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Knight accused the “Locked Up” singer and his associate, music producer Detail, of s-xually assaulting 2 young girls.

Knight reportedly said, “Akon, you f—ed the little girl, 13, Detail f—ed the little girl, 12 years old. Y’all basically raped them.”

“The world knows a lie when they hear it,” Akon wrote on Twitter/X. “It’s unfortunate that this man is going out like this. It’s sad and seriously embarrassing. Regardless of our history, I’m still going to be praying for him.”

He continued: “It’s unfortunate that I have to defend myself from these lies and I will be involving my legal team in filing a defamation lawsuit against Mr. Knight, my prayers for him will still continue.”