Chance The Rapper Wins Breach-of-Fiduciary-Duty Case vs Ex-Manager Pat Corcoran; Up to $1.5M Forfeit

Chance The Rapper won a Cook County bench trial vs ex-manager Pat Corcoran for breach of fiduciary duty. Corcoran must forfeit up to $1.5M in fees, return merch kickbacks, and transfer ChanceRaps.com within 14 days. Judge said Corcoran's testimony changed with the audience.

Chance The Rapper has won his breach-of-fiduciary-duty case against former manager Patrick "Pat" Corcoran, closing a nearly six-year legal battle between the independent Chicago rapper and Pat the Manager, LLC.

Cook County Circuit Court Judge James E. Hanlon Jr. ruled that Corcoran violated his fiduciary obligations in multiple instances. Corcoran must forfeit up to $1.5 million in management fees and merchandise-related compensation, return undisclosed vendor commissions, and transfer ownership of ChanceRaps.com to Chance within 14 days, pending the court's final determination.

The Judge found that Corcoran improperly received kickbacks from merchandise vendors doing business with Chance while also collecting management compensation, and ordered him to forfeit the 15% management compensation attributable to merchandising during the period in question. The Judge further found breaches of the duty of loyalty over an equity request involving UnitedMasters and of the duty of candor in connection with the Ramova and We Are the Times ventures.

In reaching the decision, the Judge relied on Chance's testimony, documentary evidence, and independent witnesses. Corcoran's defense rested on his own testimony. The Judge questioned Corcoran's credibility, observing that his testimony "changed with the audience" and that he had "a habit of saying whatever the moment requires."

In March 2026, a jury already tossed Corcoran's roughly $3 million lawsuit and found him in breach of contract. This bench-trial ruling is the second half of the case. Chance said in a statement: "I'm grateful to finally close this chapter of my life and can't wait to eventually tell my side of the story. I'm thankful to the courts and, more importantly, to God for remaining faithful."

Sources: Rap Industry (Oct. 14, 2026); HipHop-N-More / Armaan Yadav (Oct. 14, 2026); The Music Universe / Buddy Iahn (Oct. 14, 2026). Photo: Rosalind O'Connor / NBC via Getty Images (The Tonight Show, Aug. 3, 2026).