Sources reveal that Sean “Diddy” Combs  has lost the Senior A&R member of his Bad Boy record label. The reason is that Diddy is cheap. A reader recently told Mediatakeout.com that:Diddy is a cheapskate.. Dis ni*ga is sitting on a fortune estimated at $250 million and he wouldn’t pay his Senior A&R, matter of fact only A&R- Conrad D - the going rate for an A&R of a major label which is about $250,000 a year. Keep in mind Conrad has been at Bad Boy for over 10 years handling projects like:

Young Joc (New Joc City) - 1.5 million copies 

Danity Kane (Danity Kane) - 1.3 million copies

Diddy (Press Play) - 800,000 copies

Biggie

Mase

Loon

Black Rob, and the list goes on……

Diddy wanted Conrad to handle the following projects for 1st Qtr 2008 releases:

Danity Kane 

Making The Band 4

Donnie

Mario Winans

Cheri Dennis

Elephant Man

Keep in mind he’s the only A&R at Bad Boy, so he asked Diddy for a raise. Diddy had the nerve to tell him “he couldn’t afford it.” And this is after he spent over 1 million dollars on his Kim Porter’s son Sweet 16 and did a 100 million dollar joint venture deal with Ciroc Vodka and got Cassie on an allowance of $50,000 per month. Remember Cassie doesn’t produce or write her songs and no one would book her for shows because she can’t sing live. So how does she live the high life, Diddy that’s how?  Maybe times are rough for Diddy (yea ok). But we all know Cassie is not being paid for her singing abilities!