Thursday, 29 January 2015

Lil Wayne sues Cash Money for $51 Million

It's not news that former best friends and business partners Lil Wayne and Birdman have fallen out over money, record deals, and artists under their label. What's new now is that the rapper is suing Cash Money for $51million with the hopes of ending his contract with the label.

According to TMZ, Lil Wayne filed a lawsuit asking a judge to end his contract with Cash Money. According to the lawsuit, Wayne says Birdman and company violated the deal by withholding tens of millions of dollars Cash Money owes him for his long-delayed album, "Tha Carter V." 

From TMZ

Wayne claims because Cash Money is refusing to pay, he's entitled to walk. But Lil Wayne wants more than just a declaration of freedom. He's suing for $51 MILLION. 
And Wayne wants the judge to declare he's the joint copyright owner of all Young Money recordings ... which includes Drake,Nicki Minaj and several others.
Sources connected to Wayne tell TMZ ... if Birdman antes up then he can release "Tha Carter V," but only if Wayne gets paid. Wayne says he was supposed to get an $8 million advance when he began recording in December, 2013 and another 2M when he completed the album a year later, but so far he's gotten nothing.

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