Listing 6566
Eric Bellinger’s “G.O.A.T” - Publisher Royalties

- AdminMP
- Eric Bellinger
- Eric Bellinger Feat. Wale
- …
Offers
Sale Price
$50,200
7.52 x LTM
Listing Tools
Price Tracker
6 offers made by 5 buyers
- List price
- Closed
- Accepted
Offer History
$50,200
Buyer 5 made 251 days ago
Accepted$49,800
Buyer 4 made 251 days ago
Outbid$49,400
Buyer 3 made 252 days ago
Outbid$55,000
Seller made 254 days ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)$47,500
Buyer 2 made 254 days ago
About
- $6,678
- 3-Year Average
- $8,191
- Earnings Since 2017
- $88,444
- 9.22 Years
- Works Included
- 3
- $**,***
- $45,000
- Owner Last Active
- Over 30 days ago
- Life of Rights
- Musical Composition
- Mechanical, Public Performance, Sync
- No
- Payor
- AdminMP
The information on this listing was accurate as of the last earning statistics update on
Overview
This catalog features “G.O.A.T.” and “G.O.A.T. 2.0” by Grammy Award–winning songwriter and R&B artist Eric Bellinger, along with “We Not Lazy” by Money Man.
The songs were originally released in 2016 and 2017, which helps explain how the earnings story unfolds. In 2017, the catalog generated about $884 — a quiet first chapter that reflects the early stages of music royalties. Because publishing income typically arrives with a delay after release, the real financial momentum often shows up later.
That’s exactly what happened here. By 2018, earnings surged to more than $18,500 as the songs moved fully into the royalty system and listeners continued discovering the music across streaming platforms. It was the moment the catalog’s audience became visible in the numbers.
From there, the catalog settled into the steady rhythm that working songs often develop. Earnings remained strong through 2019 and 2020, generating roughly $15,800 and $14,900. These weren’t one-off spikes — they reflected music continuing to circulate through playlists, personal libraries, and global streaming audiences.
There was a dip in 2021, but the catalog quickly found its footing again. Earnings stabilized around $7,000 in both 2022 and 2023 before climbing to more than $10,800 in 2024 — a reminder that songs can reconnect with listeners years after their initial moment.
Today, the catalog carries a Dollar Age of 9.24 years, meaning the earnings come from music that has already lived through nearly a decade of listening cycles. Not a straight line — but a body of work that has repeatedly shown its ability to find its audience again.
Artist & Song Information
“G.O.A.T.” was released on September 30, 2016 as part of Eric B. For President: Term 1 and features Aroc, an R&B vocalist who collaborated with Bellinger during this period. The song earned RIAA Gold certification and has generated more than 292 million streams on Spotify and over 40 million views on YouTube. In 2017, it sparked the viral #GOATChallenge, encouraging fan-created dance and performance videos that expanded the song’s reach across social platforms. Its performance has been driven by sustained streaming activity and direct audience engagement.
Building on the momentum of the original, “G.O.A.T. 2.0” was released on November 17, 2017 as an official follow-up remix featuring Grammy-nominated rapper Wale and later associated with Eric B. For President: Term 2. The remix elevated the song’s profile through a high-visibility collaboration and a cinematic music video starring Teyana Taylor, a singer, actress, and choreographer known for her work in contemporary R&B and visual performances. “G.O.A.T. 2.0” also earned RIAA Gold certification and has generated more than 35 million streams on Spotify, reinforcing the franchise strength of the original release.
The catalog also includes “We Not Lazy” by Atlanta-based rapper Money Man. The song was released on March 6, 2020 as part of his mixtape State of Emergency. The track reflects Money Man’s signature melodic trap style, pairing steady production with his laid-back delivery.
Other Information
Earnings Note. 4Q2021 earnings include a -$1,234 ASCAP adjustment for “GOAT” related to a prior-period share change. This was a one-time correction and is not expected to recur.
Similar Listings. The songwriter’s share of public performance royalties recently sold for 7.95× the last 12 months of earnings.
Financials
Earnings By Period
Quarterly, as statements report
- Domestic
- International
- Unreported
- Net
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Earnings | $6,316 | $7,372 | $7,093 | $10,801 | $6,678 |
Works
“G.O.A.T.” (2016) has consistently driven the majority of the catalog’s performance, contributing an average of 84.17% of total earnings over the analyzed period. The song has also built significant listener reach, accumulating more than 294 million streams on Spotify, underscoring its sustained popularity years after release.
| Works | Earnings | Share |
|---|---|---|
| Goat | $6,172 | 92% |
| Goat 2 0 | $503 | 8% |
| We Not Lazy | $3 | 0% |
Income Types
Mechanical royalties present a stable scenario with a positive CAGR of 7.06%. The increasing proportion of overall earnings, peaking at 62.92% in year 5, highlights growing importance, possibly driven by new licensing deals or enhanced distribution channels.
Streaming royalties show positive growth with a CAGR of 17.8%, underscoring the increasing consumer preference for streaming services. The growth trajectory is mostly positive except for a significant drop in year 5.
| Income Types | Earnings | Share |
|---|---|---|
| Mechanical | $3,767 | 56% |
| Performance | $1,962 | 29% |
| Streaming Synchronization | $949 | 14% |
Sources
Streaming presents a positive CAGR of 9.18%. Despite experiencing fluctuations, including a significant spike in Year 4 followed by a drop in Year 5, streaming has increased its percentage of overall earnings significantly, from 32% in Year 1 to 61.61% in Year 5.
| Sources | Earnings | Share |
|---|---|---|
| Streaming | $3,460 | 52% |
| Music Rights Org | $2,443 | 37% |
| Music Publisher | $559 | 8% |
| Record Label | $1 | 0% |
| Retail Plays | $0 | 0% |
| Other | $214 | 3% |
Users
Spotify presents a positive CAGR of 9.69%.
Apple Music experienced the highest growth among all platforms, with a CAGR of 37.64%.
| Users | Earnings | Share |
|---|---|---|
| Ascap | $1,781 | 27% |
| Apple Music | $1,686 | 25% |
| Spotify | $1,382 | 21% |
| Mushroom | $380 | 6% |
| Youtube | $334 | 5% |
| Other | $1,116 | 17% |
* Historic royalty income does not guarantee future royalty income. Future royalty income depends upon future sales and licensing revenue generated by the intellectual property associated with this listing. All earnings analysis and investment decisions are investors’ sole responsibility per Royalty Exchange’s Terms of Use.
Media
Included Works
| Work Title | Work ID |
|---|---|
| GOAT | 9536 |
| GOAT 2 0 | 22761 |
| We Not Lazy | 79789 |