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Nick Cannon has given Cory Gunz a second shot at a career, but when Young Money offers Corey a deal, Nick is left wondering where he stands.

With two previous record deals that went nowhere, Cory has to put out new music -- but constant interruptions and creative differences from his dad Peter prove to be more then Cory can handle.

Nick starts to notice a pattern of Cory showing up late to engagements. Elsewhere, Cory's financial advisor Tony takes notice of his spending habits.

The management saga continues. With unresolved tension between NCredible and Ed, things finally come to a head.

Ep.5 - Peter has a big decision to make: Should he keep Ed on the management team or continue without him? Meanwhile, Cory prepares for his first New York showcase. Ep. 6 - With Ed Woods out of the picture, Nick and the NCredible team take over Cory's management and continue to organize his New York showcase. As Cory prepares for the show, Peter reveals that his mom has returned after four years of being missing from his life.