Chance the Rapper is turning down '$10m offers' to stay independent

23-year-old rapper recently beat Drake and Kanye West to win Best Rap Album at the 59th Grammy Awards

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The Independent Culture

Chance the Rapper is reportedly turning down some very generous record label offers after he achieved a historic win at the 2017 Grammy Awards.

The New York Post reports that the Chicago MC has turned down offers worth up to $10 million, after he beat Drake and Kanye West to win the Grammy Award for Best Rap Album.

An insider allegedly told the Post: "Every label is still trying to get him. He's making too much on his own... He was turning down $5 million advances before, and now it's like $10 million."

Chance the Rapper beats Drake and Kanye West for Best Rap Album at the Grammy Awards

Despite not having a record deal, Chance's streaming-only album Coloring Book scooped Best Rap Album, Best Rap Performance and Best New Artist at the Grammys ceremony.

In an interview with Vanity Fair he explained that he made his money from "touring and selling merchandise... and I honestly believe if you put effort into something and you execute properly, you don't neccessarily have to go through the traditional ways".

Chance is managed by Patrick Corcoran, aged 26, with former CAA agent Cara Lewis also assisting him with deals. 

Corcoran expained that much of Chance's appeal to fans lies in his transparency, thanks to his solid presence on social media. 

"People have a good understanding of artists these days," he told Billboard in an interview which took place after Chance was nominated for seven Grammys.

"How you work with others, what your beliefs are. Lead that lifestyle and make good music, and you have to hope people care about you and root for your career."