Move Over Gucci Mane, Ray J Lands $31 Million Deal


R&B singer Ray J has 31 million reasons to smile these days. New reports claim the reality TV personality has landed a massive deal to release an electric scooter collection.

According to reports, the $31 million power move will see his Raycon scooters go global in time for holiday shopping.

The deal would see Ray J taking an active role in the partnership (Cowboy Wholesale) by overseeing global branding strategies and overseas marketing. The singer had already begun his foray into the world of electronics with his brand in 2015 and is most famous for the Scoot-E-Bike, a foldable vehicle on two wheels. The new partnership is set to focus on innovation and other green electronic technologies. (The Grio)

Ray has since released a statement to confirm the headline-generating news.

"The world is moving towards renewable green energy, and electric transportation is a big part of that. With the Raycon movement, we are going to make sure we are one of the first ones there." (Statement)

Ray also hit up Instagram to announce the big scooter launch.

Deal closed with Cowboy Wholesale for my new electric transportation brand @rayconglobal. Watch out, we going hard! Read more about the deal at [link in bio]. #raycon #raycondeal

A post shared by rayj (@rayj) on

Just closed the @rayconglobal deal with Cowboy Wholesale. Let's go! Check out [link in bio] to read about the deal. #raycon #raycondeal

A post shared by rayj (@rayj) on

Introducing my new tech brand @rayconglobal. Big things coming. #raycon #raycondeal

A post shared by rayj (@rayj) on

At the @rayconglobal warehouse getting prepped for the big launch! Visit [link in bio] to get more details. #technology #rayj #tech #electric

A post shared by Raycon (@rayconglobal) on

Congratulations to @stephencurry30 and the @warriors 2017 as they take game 5 of the NBA finals!! #nbachamps #nba

A post shared by Raycon (@rayconglobal) on

The bike of bosses 💎

A post shared by Raycon (@rayconglobal) on

The post Move Over Gucci Mane, Ray J Lands $31 Million Deal appeared first on


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