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Rap mogul Marion "Suge" Knight pleaded no contest in a Los Angeles court on Thursday to a charge of manslaughter for a 2015 hit-and-run killing, accepting a 28-year prison sentence under a deal with prosecutors days before his murder trial was to begin.

In pleading no contest - equivalent to a guilty plea under California law - the 53-year-old co-founder of influential hip-hop label Death Row Records admitted using a "deadly and dangerous weapon" when he ran down two men with his pickup truck.

One of the victims, 55-year-old Terry Carter, later died of his injuries. The second man, Cle "Bone" Sloan, was left with a badly mangled left foot and head injuries.