The beef between Lil Wayne and his Cash Money boss Birdman has taken yet another dramatic turn this week, as it emerged that Weezy has claimed in court documents that Birdman and Universal Music Group worked together to shortchange the artist by tens of millions of dollars.
TMZ reports that it has obtained court documents filed by Wayne’s lawyer, Howard King, in which Weezy is claiming that UMG and Birdman knowingly backdated deals in order to give the impression that they were signed before Young Money’s deal with its parents company, Cash Money records, ran out.
The documents claim that as a result, Lil Wayne lost out on major bank. Lil Wayne has been suing UMG for this money since 2016, seeking $40 million in damages and unpaid profits.
Back in March 2016, King gave a statement on behalf of his client that summed up the Weezy side of the story: “Universal should be grateful and respectful to Lil Wayne for the millions of dollars in distribution fees and profits they have earned on the artists he brought to the company, instead of seizing all of his profits on those artists in a desperate attempt to recoup the tens of millions of dollars they are owed by Cash Money Records.
“Young Money, the Cash Money imprint founded by Lil Wayne, houses successful artists such as Drake and Nicki Minaj. Profits from Young Money “would be divided 51% – 49% between Cash Money and Carter, and ownership of all the Young Money Label property (e.g., master recordings, copyrights, intellectual property, good will) similarly would be owned 51% – 49% between Cash Money and Carter, respectively.”
Wayne was never a boss
Wayne thought he was a boss with Young Money. In reality he never owned Young Money. He was just the face of it. Birdman owns Young Money.
Hell Birdman still making money off Drake.
Birdman got paid from Drakes Views and More Life.
Birdman is a BO$$
Fuck birdman fake blood
Richer than any blood so who fucking cares lmao
You ain’t too bright either huh
So if lil Wayne money funny I’m sure Nicki and drake hurting to
I guess you can’t read very well
Really not bright Danny.
Difference between Lil Wayne and rest of the Hot Boys was Weezy’s cerebral drug-cloud took 15 years more to clear up to realize Birdman was ripping him off. BG was a full on junkie and he even knew to abandon ship
who and cares?
True lol
It’s clear that Birdman own both labels (Young money and cash money records)So Wayne never knew about this before. But still i respect Birdman for being the boss coz clearly he’s doing good to push artists,look at Nicki and drake.
Lol what you don’t pay attention. Or you just saying things because back when Wayne was about to get signed by someone else years ago, they offered him that label and he took it. He made it what it was and he pushes Drake and Nicki .. why you think he suing for .. lol I have a issue when people don’t really pay attention but want to say something. But if you noticed when Wayne left he said all he wants is his money and his two artist and his artist are Nicki and Drake lol. . I wish some people would know about things before they make comments. But yea Birdman is the boss .. but just wasn’t their boss he’s little Wayne boss and then it’s him. Read Wayne was president lol and universal was the real boss tho ..
Weezy f baby plz bring back the olden dayz when you were wit cashmoney. I hate this beef shit
Fuck bird man
Wayne is going thru what most major artist have experience getting ripped off and later blackballed if they continue to ask for money owed to them some have been murdered