To a skeptic, Master P’s upcoming biopic King Of The South may appear to too closely follow the success of Straight Outta Compton. With No Limit built upon much of the Ruthless model, and TRU following N.W.A., one could argue that the New Orleans, Louisiana rapper/mogul/actor is simply pulling a “Mr. Me Too.”

Upon P’s second Breakfast Club interview in 2015, skeptics will be likely muffled. In a 40-minute conversation, Master P reveals some gems from his story that may be new to even No Limit die-hard Heads. Moreover, the N’awlins O.G. details the film’s eight-figure production budget and potential director, and it appears clear that this will not be a straight-to-home video release like some of those famed ’90s No Limit VHS works.

In a conversation with Angela Yee, DJ Envy, and Charlamagne Tha God, Percy Miller recounts a near-death experience from his life that, on film, will reportedly star the 105.1 FM/MTV personality.

Discussing the film in further detail, he says, “I feel like I taught the [Hip-Hop] game how to be a businessman.” The “those people” refers to Eazy-E, Ruthless President Jerry Heller, and Priority Records founder Bryan Turner. “I dealt with all those people, but I dealt with them a different way.” Miller touts that the film has a $10 million budget, and former rapper-turned-executive Romeo will executive produce. Unknown to many, Romeo attended University of Southern California Film School.

Moving back to Straight Outta Compton, Master P says the one thing that bothered him was a softer, more submissive portrayal of N.W.A. leader Eazy-E. “I knew Eazy-E. Eazy-E was a street guy,” said P, who later used the same distributor in Priority. “I didn’t like the way the Eazy-E character was portrayed.” However, Master P clarified that he is not out to detract from Ice Cube, Dr. Dre, and Tomica Woods-Wright’s film. “It’s a great movie.”

In this early discussion, Master P points out that in the mid-1990s, he opened for Tupac and Spice-1 on tour. “My movie gonna be for real.” Pointing one dramatic point, P said with $500 “in his pocket,” he turned down million dollars from Jimmy Iovine to sign with Interscope Records. Against brother C-Murder’s wishes, Master P waited for the stronger independent play.

(6:00) DJ Envy presses Master P about a common villain, as portrayed in Straight Outta Compton: Suge Knight. “I feel like I saved Snoop’s life,” P says of his 1997 acquisition of Tha Doggfather from Death Row Records. “Suge was about to sign him with another label, I said, ‘what my, money don’t spend?'” Snoop would in turn release three albums at No Limit, resurging his career with the middle effort, Top Dogg. Meanwhile, Suge Knight signed a soundalike artist to Death Row named Y.G.D. Tha Top Dogg, who dissed Snoop and No Limit. Master P reveals that in the 2000s, he got “the call” from Suge upon moving his family to Los Angeles, California. Pointing out that Snoop, Dre, Puff Daddy, and he all resided in L.A., he allegedly backed down some territorialism from his former business rival. “I just bought a house, when you movin’?,” Master P recalls telling Knight. Master P adds that the only beef he remembers was with Tha Luniz over the “ice cream man” title.

Regarding the famed 80/20 revenue split Master P negotiated with Priority, the mogul says he learned the brazen split through Michael Jackson’s 1990s attorney. To get an audience with the unnamed counsel, Master P recalled paying $25,000 cash, before the music fame.

(14:00) One of those revenue streams before I’m Bout It, Bout It came from Master P’s Richmond, California record store. Seeing a Northern California city without a prominent Rap music shop, Master P used Fed Ex and UPS to overnight new music from across the country. Pointing to his southern working class roots, Master P says he got the store’s condemned building rent-free for a year by doing the repairs. By having the new music and driving a flashy car, P’s store attracted “the ballers” from around, to pay premiums to have breaking sounds from the No Limit hustler.

Moving back to the film, which will tell some of this story, Master P stated, “This movie is gonna have a big, A-plus director.” He attached Tyler Perry’s name as a strong possibility, “It’s in the talk [stages] now.” Perry is a New Orleans native, who came to prominence during No Limit’s reign, with a similar rags-to-riches trajectory.

(20:00) Angela Yee asks Master P about Julia Beverly’s recent account of a 2000s physical altercation with UGK’s Pimp C. According to the Ozone publisher’s story, as played by The Breakfast Club, Master P pistol-whipped the deceased MC/producer. Master P refuses to address the physical violence, but says that Pimp later called P, and apologizing, citing drugs. Master P praises Chad Butler’s friend and former boss James Prince as an inspiration. “That’s my O.G.” He adds a story of a University of Houston-era Percy Miller running up on Geto Boys and “Lil J” Prince in H-Town. There, he learned where the minks and Mercedes Benz came from. It is here that Master P justifies his place in Rap history:

“I was never tryin’ to be the best rapper in the world; Lil Wayne the best rapper in the world. I’m tryin’ to make the most money.”

In the closing bits of the interview, Master P discusses the reception No Limit got from East Coast Hip-Hop fans initially. He discusses his late brother Kevin Miller. Master P also explains how Bounce music changed the Rap landscape.

Regardless of if you liked some or all of the music, would you see a Tyler Perry-directed Master P biopic?

Related: Master P Shows His Historic Rise to Success in Self-Directed Documentary (Video)