Sure, but also:

If you have a band,
and someone says “I’ll be the bad guy for your band”
… they’re just gonna be the bad guy.

Your band isn’t actually gonna win anything.
You’re just gonna have a bad guy in charge.

Sometimes, when it looks like that guy is just a ripoff, it’s really because that guy is just a ripoff. There’s no upside. Really, that guy is just ripping you off. No secret, no bargain, no fooling. It’s really just money going into that guy’s pocket.