John Corabi Addresses Mötley Crüe’s Massive Contract, ’40 Million Dollars Guaranteed Money’
Former Mötley Crüe frontman John Corabi revealed in an interview with The SDR Show that Mötley Crüe signed a massive contract that guaranteed 40 million dollars in the past.
Mötley Crüe released the debut album ‘Too Fast For Love‘ on their original label Leathür Records in 1981 and sold 20.000 copies. The album came out again when they started working with Elektra Records the following year. After that, the label released all the band’s seven albums.
The 1991 album, ‘Decade of Decadence 81-91,’ gained an outstanding achievement for the group by becoming number 2 on the US Billboard chart. It included many hit songs and received several positive reviews from music critics. However, the lead vocalist Vince Neil parted ways with the band the following year.
John Corabi joined the group replacing Neil and only appeared in the self-titled album in 1994. It was also the first album released after Mötley Crüe signed a 25 million dollar contract with Elektra Records. Although it became successful in the charts, it did not achieve commercial success. The fans also reacted negatively because of Neil’s absence.
In an interview, John Corabi recalled when he joined the band as a frontman replacing Vince Neil. He stated that before he became a part of the band, the members signed a contract with Elektra Records, guaranteed 40 million dollars. However, they later called the label to mention Neil’s departure, as Corabi revealed. The vocalist continued that the company responded by saying this departure broke the deal.
Corabi explained the contract:
“A year before I joined, they had just signed a massive record deal with Elektra for 40 or 50 million dollars guaranteed money. Then six months later, Mötley calls Elektra and goes, ‘Hey, by the way, the singer’s out.’ They’re like, ‘Not what we paid for.'”
As Corabi said, Mötley Crüe signed a massive contract with Elektra Records. However, Neil’s departure changed the direction of the deal with the label. Later, the band ended up reuniting with Neil in 1997. They also created their label Mötley Records the following year after breaking their connection with Elektra Records.