Yesterday (July 16), reported that Drake’s record label agreed to pay Rappin’ 4-Tay $100,000 for lines the Canadian rapper borrowed from 4-Tay’s 1994 song “Playaz Club” and used on his verse on YG’s “Who Do You Love” single.

TMZ cited 4-Tay’s manager, Herman Watson, as its source, but in an exclusive phone conversation with HipHopDX, both 4-Tay and Watson say the number reported by the celebrity gossip site not even close to the actual settlement.

“The real number is sky-high” Watson says. “That [$100,000] they reported is a low-ass number. TMZ made it seem like It was a one time thing to shut him up. There’s also royalties involved, and continuous payment. This is forever. This is a part of his ‘Playaz Club’ package from here on.”

Rappin’ 4-Tay was celebrating the agreement and said that when it comes to Cash Money Records it’s all love. 

“In all actuality, Baby and Slim, the Williams Brothers, those are my folks,” 4-Tay said during an exclusive interview with HipHopDX. “They’re family and it’s family over everything with them. I’m speaking for myself as well as Cash Money Records when I say live and let live.” 

Watson says he felt the need to set the story straight after being inundated by fans on the Internet.

“We had a lot of the fans on the Internet saying, ‘Why did you settle for that?’” Watson says. “We don’t want that misunderstanding. We’re not gonna disclose the numbers, but it’s way more than that shit that was reported.”

In addition to financial gain, Watson said this also looks to be the start of a fruitful working relationship between the two emcees. 

“At the end of the day, Drake is a fan of Rappin’ 4-Tay,” Watson says. “He didn’t have to do what he did, and it’s crazy because Baby told 4-Tay to be patient ’cause he has a movie coming out, and if anybody remembers, the first time 4-Tay worked with Cash Money Records was on the soundtrack to their first movie, Baller Blockin [which was released in 2000]. So now, all these years later, it works out that there’s a new movie coming out and they want him in it. And now Drake did this, so those ties are coming back and there’s definitely gonna be a track in the works and a lot more coming with 4-Tay and Cash Money as time goes on.” 

Rappin’ 4-Tay also says that Drake doesn’t need to pay attention to people who criticize him.

“Drake, get your money,” he says. “As a matter fact, also, lift up your shoes and step on them haters.”

RELATED: Rappin’ 4-Tay Blasts Drake Over Verse On YG’s “Who Do You Love”