Top 10 Music Managers Who Fucked Over Their Clients

beyonce-and-matthew-knowles.jpg
The family Knowles in happier times
In light of the surprising news over the reasons Beyonce fired her longtime manager (and longtime father for that matter) Mathew Knowles, we remembered a time when scummy managers were not only the norm, but expected. Here are the Top 10 Managers in Music History Who Fucked Over Their Clients With a Coke and a Smile:

10. Colonel Tom Parker (aka Andreas Cornelis "Dries" van Kuijk)

col_parker_elvis_acapulco.jpg

There's not much that wasn't misleading about Parker, considering he was neither an American nor a Colonel. But the fact is, he was raking in 50 percent of Elvis' earnings towards the end of his career. Sure, he helped The King's career, but 50 percent??

9. Tim Collins

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You would really trust a guy who looks like this as your manager?

During Aerosmith's huge comeback in the late '80s, Collins was at the helm, making sure things were running smooth, or so they thought. Turns out that he was advancing the notion that some members had relapsed into drug abuse when they insisted they had not. By trying to play them against each other, Collins lost his big gig. (Collins and the band eventually kissed and made up, a rare happy ending.)

8. Mathew Knowles
As we mentioned, Knowles stole money from his moneymaking daughter. Not only is he fucked business-wise, but it should be interesting how those Thanksgiving dinners are with his son-in-law's willingness to do anything for his boo. Mathew better watch his ass, or at least worry about being banished to the kiddie table.

7. Frank Weber

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And you wonder why Billy Joel has turned to alcoholism, getting ripped off by your former in-law is a start

Continuing with the theme of "don't let your family fuck with your business," Billy Joel also committed this cardinal sin. In 1989, the Piano Man sued Weber, his former brother in-law, for squandering or illegally taking $30 million of Joel's money. He also sued for a warranted $60 million in punitive damages. The fact that Weber was Joel's one-time close friend and the Godfather of his daughter gives new emphasis to the adage, "NEVER MIX BUSINESS AND PLEASURE."

6. Albert Grossman

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Barry Feinstein
The iconic folk manager strong armed many in his day, but his sin was enraging his cash cow, Bob Dylan, who eventually wrote two scathing songs about him (figure out which they were and you get a prize). Grossman took an astonishing 25 percent (when the industry norm was 15), which managed to piss off his biggest client to the point of writing several songs about how pissed off he was about his situation. His other clients included Todd Rundgren, Peter, Paul and Mary, John Lee Hooker, Phil Ochs, Gordon Lightfoot, Richie Havens, The Band and Janis Joplin. But again, anytime you piss off Bob Dylan, you make this list.

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20 comments
Dbucking76
Dbucking76

Top ten agents that screwed over their acts?  Wouldn't that be the staff of East Coast Entertainment?

Auston
Auston

I just saw a 16 y/o playing guitar in Dallas that blew my mind. I found his web site and I’m still amazed. http://www.tylerleniusband.comThis kid has a voice of 30 y/o and plays a mean guitar.I don’t post ever. But had to post this

Sound Sandwich
Sound Sandwich

This article's author is apparently oblivious to all but the most publicized examples of thievery given the blatant omission of Badfinger mgr. Stan Polley, which would be the definitive example of unscrupulous vermin posing as managers who've only 'managed' to 'Jew' deserving musicians of that which was rightfully theirs.  Kohn men, indeed.  And secondly, the brightest of Grossman's stable was Todd Rundgren, not Bob Dylan.

Chicagofan4life
Chicagofan4life

I'm surprised the original Chicago manager James William Guercio didn't end up on this list.  If you read Danny Seraphine's book Street Player, you will get a clear picture into how Guercio not only made Chicago what they were in the 1970's, but also alienated them on the business aspect.

DenverAJ
DenverAJ

You forgot Susan Silver who managed Soundgarden among others in the Seattle/Grunge scene,she was also married to Chris Cornell who eventually divorced then sued her over money matters.

Lauren
Lauren

this was absolutely hysterical, remind me not to become a famous singer and then hire somebody.  or if I do (you know, when hell freezes over) consult you first as to who's handling my dolla.  Essentially I'm gonna holla fo a dolla at you.

JR Carr
JR Carr

What about John Malm, Jr, the former band manager for Trent Reznor/Nine Inch Nails?  He bilked Reznor for millions of dollars, and misrepresented Reznor's ownership stake in basically EVERYTHING related to nin, including album advances and proceeds, tour proceeds, trademark royalties, etc.  Reznor had to sue him in 2004, after finding out that he was only worth $400k, as opposed to the $4m+ he'd been TOLD he was worth.  He ended up beating Malm in court, and received $5m+ in damages.

edit2.0
edit2.0

I don't mean to harp on this, but you're a professional music writer.  It was McCartney who sued the Beatles, in 1970; it was Lennon who said he wanted a "divorce," in 1969. Why would Klein want a divorce from the Beatles? He fought it tooth and nails. That should be embarrassing. Fix it.  

Rob Falk
Rob Falk

Dear Daniel,As a member of the management team who handled Joe Perry, and then Aerosmith, I've got to say that I am truly baffled by your definition of "fucked over." Among other duties, including business and legal affairs, fan club management, and new media development, I handled personal business for a number of the band members during my time at Collins Management between 1982 and my departure in the spring of 1996.When I met, and then started working with Joe Perry, first as a road manager in 1982, he was near destitute, an alcoholic and drug addict, living in his girlfriend's apartment in Allston MA, trying to get an album together with a few local musicians of less than A-list pedigree. By the time Tim Collins convinced Steven Tyler to move to Boston in the winter of 1984, I was working in-house. I found Steven and Joey's apartments on Beacon Hill and spent a fair amount of time working with Steven and Teresa. As I recall, Steven was a heroin addict, virtually penniless, and badly in need of periodontal and orthodontic restoration. Our organization nursed these men - and their families back to health. Prior to working with Tim Collins, Aerosmith had not turned out a successful record since 1977's "Draw the Line." During 12 years with Collins Management, the group recorded 4 albums of original music, dominated the sales charts, MTV, the People's Choice Awards and were critically praised. Without argument, that period stands as Aerosmith's heydey - artistically, commercially and spiritually. Band members got married, bought houses, had children, did great charitable work and prospered.In the more than 15 years since their split from Collins Management, the group has produced two - count them, two - albums of original material which, if their sales were combined, don't even come close to equalling the sales of any one of their three previous albums under Collins. It has now been 10 years since their last "new" album. Commerce is certainly not the only standard by which we measure success. Sadly, band members have seen their relationships and marriages falter, their fortunes wane, and admitted relapse into drug use and addiction.Your caption in the photo you used is clearly "ad hominem." For this, you and your editor should both be ashamed. There's no room for crap like that in journalism, and you know better. You lump Collins in with nine guys who you allege stole, swindled or completely mismanaged careers. His alleged crime -  "advancing the notion that some members had relapsed into drug abuse when they insisted they had not" - even if true, hardly places Tim in the company of thieves and scoundrels.I am proud to have been a member of the team that "fucked over" Aerosmith, look forward to fucking over other artists in the same way, and hope that I too can be fucked over like that in the future.Sincerely yours,Robert A. Falk, Esq.Former Director of Business and Legal Affairs for Collins Management, Inc.Former Director of New Media for AerosmithFormer Aeroforce One Director

Ace
Ace

Way to NOT do your research there...  Leber Krebs NEVER managed Joan Jett.  But she has had a lifetime of shitty managers, the one who's owned her during her entire solo career, Kenny Laguna,  SHOULD be on this list!  And how do you do an article on thieving artist managers & NOT have Joan's Runaways era manager, Kim Fowley on this list???

Stuart Ostrow
Stuart Ostrow

What about Phil Walden, audited by Allman Brothers Band and went bankrupt instead of paying. He was the band's manage, record label, music publisher and owned the booking agency and merchandise company and the real estate

Jaredswilliams
Jaredswilliams

Black Rob is coming out with an album in like 2 weeks dude. And Shyne has been in prison for 9 years for attempted murder, he got out in '09 and is working on an album with Lil Wayne. 

Jason M Hirst
Jason M Hirst

Can't believe the very late (and great) Tony Wilson isn't on here, not only did he fuck Joy Division/New Order over, he did it in such a brilliant way!

Beatmichael
Beatmichael

Stan Polley. Not only ripped off his band (Badfinger) but his actions led to the suicide of not only one, but two bandmembers and principle singer/songwriters. Winning!

StevieJobsJr
StevieJobsJr

What about Lou Pearlman of nysnc and backstreet boys fame. He was the shadiest. He screwed over the band and investors

edit
edit

"...warned Lennon to be weary of Klein." Do you mean "wary?" Jagger was probably weary of him, that's for sure. And Lennon would become weary of Klein. But in the beginning "wary" was probably it. Also, not to nit-pik, but you said Klein sued the other three for a "divorce." Did you mean McCartney sued the other three? I think that's what you meant. Cause that's what he did. Deadlines are a bitch, I guess. 

Greta Sanford
Greta Sanford

I paid $32.67 for a XBOX 360 and my mom got a 17 inch Toshiba laptop for $94.83 being delivered to our house tomorrow by FedEX. I will never again pay expensive retail prices at stores. I even sold a 46 inch HDTV to my boss for $650 and it only cost me $52.78 to get. Here is the website we using to get all this stuff, PennyJump.com

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