Although plenty of labels have tried to sign the Chi-town prodigy, Chance has gone it alone — meaning the dividends he earns are mostly his. While he may have a team that includes manager Pat Corcoran and legendary music agent Cara Lewis, among others, he isn’t in a traditional artist/label relationship, which means he owns the rights to his music. And as every artist knows, owning the rights to your music and lyrics is where the long-term money is.
Traditionally, most artists who get a record deal with a label sign away the rights to their musicfor a set period of time or the entire duration of the copyright, and then the label pays them an advance, which will be offset against future royalties the artist stands to make from the music the label now owns. By owning the rights to his music, Bennett not only has creative control, but also control of where and when and how he releases his music. He is his own upper management.
In a 2017 interview with Vanity Fair, Chance explained that he had intended to sign with a label after the success of his second free digital mixtape, but then realized doing so would limit him financially as well as restrict his creativity.