Punks don't like being offered large sums of money when it comes to the music they make. Take Rancid, for example, they famously turned down $1.5 million from Epic to leave Epitaph in the mid 90s.
“My mom freaked out,” frontman Tim Armstrong told the Los Angeles Times. “She didn’t get it. I’m like, ‘Mom, it’s not about money. It’s about respect for the band, you know, ‘cause this is what I do. I love my band so much.’ She’s like, ‘What kind of thinking is that?’ I’m like, ‘I got this way of thinking from you!’ She’d never [cared] about money. It was always more about family and friends. She understands now.”
The same goes for Fugazi, obviously. The band was offered $10 million and their own subsidiary label to sign with Atlantic Records. You can only imagine that Ian MacKaye balked at the idea.
