Joe Budden seems to be earning a substantial income from podcasting through his Patreon deal. The rapper-turned-major podcaster accidentally posted a screenshot of his earnings on Instagram earlier this month, revealing he’s made $902,000. According to the screenshot taken via Complex, “The Joe Budden Podcast” has approximately 155,000 active members and has received around 30 million visits on the platform over a 30-day period. View this post on Instagram   A post shared by Complex Music (@complexmusic) In 2021, it was announced that the Joe Budden Network was transitioning to Patreon. In a statement to Complex, he doubled down on the importance of ensuring creators are valued and appropriately paid. “ Creators should get the biggest stake in their art, and the system isn’t ready to do that, so we’re going to change the system. This is the new blueprint, and we are the first,” he said. He reportedly receives subscription rates ranging from $5 to $25 each month, which include perks...

Stephen A. Smith knows his worth. The ESPN sports journalist and host of “First Take” is currently signed to an annual $12 million deal with the network that will be intact until June 2025.  As previously shared by AFROTECH™, his salary includes an $8 million yearly salary and a $4-million-per-year production contract. Furthermore, with talks of renegotiations on the table, it has been rumored that Smith is seeking a $100 million contract to remain with the network for an additional five years. Recently, he addressed those rumors during a taping of “Who’s Talking to Chris Wallace” on Max. He was asked by Wallace, “Your ESPN contract is, what we’re told, up next year and the word on the street is, you want something in the range of $100 million for five years. True?” While Smith did not confirm whether there was any truth behind these numbers, he did confirm he is looking to be paid his worth. “I’m not getting specific as it pertains to numbers, because only a fool discusses his own...

Doing things on one’s own terms often pays off. In February 2023, Cam’ron launched the podcast “It Is What It Is.” While on a panel at Black Enterprise’s 2024 Disruptor Summit in May, the rapper recalled brainstorming the vision for his sports talk show and investing in himself. “All the sports shows to me were pretty much the same… So what I did was, I said I’m gonna invest $250,000 into this project,” Cam’ron told the outlet. “And I said, what I’m gonna do is I’mma build a professional setting and put on a suit, but talk how we talk to each other when it comes to basketball.” @blackenterprise From arguing with friends to a $20 million deal! Cam’ron breaks down the journey of his podcast and how it all started with a passion for sports and a $120k investment. #PodcastGoals #SuccessStory #Camron #ItIsWhatItIs ♬ original sound – BlackEnterprise Although Cam’ron chose $250,000 as the cap number for his investment, he shared that he only spent around $120,000. Plus, the show started to...

Stephen A. Smith’s proudest moment was retiring his late mother. For the host of ESPN’s “First Take,” he has kept his mother in high regards due to her sacrifices raising him with a father he describes as “negligent.” In 2005, Smith was able to reward his mother when he signed a $1.3 million annual contract with ESPN to receive his own show, called “Quite Frankly,” he revealed on the “Hotboxin’ With Mike Tyson” podcast. At the time, his mother had retired as a registered nurse working at Queens General Hospital in New York, NY, but she took on work at the Police Athletic League (PAL) to fund her yearly vacations because she did not have additional earnings outsides of her pension and savings. “My proudest moment to this day was that I drove straight home, and I put it in my book straight shooter, I drove straight from Manhattan to Queens, New York. I walked right in that PAL and I grabbed her by the arm and I said ‘Let’s go,'” Smith expressed on the podcast. “I looked at her boss,...

Not saying yes to the first offer could likely benefit you in the long run. For the “Million Dollaz Worth of Game” podcast hosts, this led to a more favorable business outcome. As previously mentioned by AFROTECH™, Gillie Da King and Wallace Peeples, otherwise known as Wallo267, signed a podcast deal with media company Barstool Sports in 2020. The deal is reportedly worth $3 million for 50% ownership in the show. Two years later, the duo signed a new contract with the company. Wallo267 expressed on an Instagram post, “From the bottom of my heart I want to thank all of y’all for being apart of my journey. 🙏🏾💪🏾cuz @gilliedaking WE DIT IT!” At the time of this writing, the “Million Dollaz Worth of Game” podcast appears to be doing well, garnering 1.53 million subscribers on YouTube. Their guests include some of the biggest names in the business — Alicia Keys, Cardi B, Shaquille O’Neal, and Michael B. Jordan. Unsurprisingly, Barstool Sports was one of many companies interested in securing...

Disctopia is looking to jumpstart the youth’s interest in the podcast space.

The Wendy Williams Show may have come to an end, but its former host has no plans of letting up on her media empire.

With the amount of talent, education, and sheer excellence within the Black community, “getting to the bag” is the easy part of the wealth journey. The more complex part of the journey is how wealth appreciates, and legacy is built. Acknowledging that not all people are privileged to consistently invest in side-hustles, passion projects, or wealth-building tools (stock market, digital currency, etc.), each person who earns money in any capacity must consider two things when determining their next money move. What are your liabilities, and what are your assets? Financial advisor Rashad Bilal and educator Troy Millings, hosts of the popular podcast Earn Your Leisure, suggest that people should always choose assets over liabilities, which is why they have an entire show dedicated to the topic, presented by REVOLT.