Diddy Address Nicki Minaj Management Rumors, “I Don’t Really Know Where They Got That From”

Hip Hop mogul and Bad Boy Records CEO Diddy has clarified his relationship with Nicki Minaj.

Diddy said he does not have a typical manager/artist business tie to the Young Money star. According to Puff, he helps and assists Minaj but does not take on the role of full manager.

“I’m basically just as the industry changes, you gotta change with the industry just as a hustler,” Diddy told Funkmaster Flex. “I have a lot of knowledge I feel I have to give to artists and a lot of ways I can help their brand go to the next level. It has grown to be not just about me, not just about Bad Boy but the future brands that are coming up and the future super stars. I feel I have an obligation to help them and I feel there’s a way we can get some money together. As far as with [Rick] Ross, I feel we’ve done a great job. With the Nicki thing, that was even something me and her made sure we didn’t define or kept a mystery. So I don’t go around saying I’m her manager. We work together in a certain type of unofficial capacity. But I don’t really know where they really got that from. We still work together but it’s not about going around saying I’m her manager — she really does a lot of things by herself. And whatever ways I can assist the situation, or whatever that title is, that’s what I do. I play my position on the team…” (Hot 97)

On Monday a fabricated statement hit the Internet stating that Minaj has parted ways with manager Diddy.

“By now, everyone should now [sic] that I am really strict when it comes to my representation. I had sympathy for Sean however I feel as if I haven’t gotten the guidance the manager is supposed to give his client. Personally, I feel like I’m being managed by mother. Even if you play the smallest role on my team, I wish to see progress. I’d like to thank him for everything he has done for me; for taking me under his wing. I wish him the best with repping Rick [Ross]. But now that my album is about to drop, its time to get serious and stop playing games. If I could turn back time…I wouldn’t have made the decision to let Troy go.” (Statement)

Do you make sense of what Diddy said?… comments below