After threatening to do so, Lil Wayne has remained true to his word and filed a lawsuit against Birdman’s Cash Money label, wanting $51 million from his label boss.
In an effort to get out of his contract, Lil Wayne has decided to sue his surrogate father and CEO of Cash Money Records, Birdman. Initial reports hinted that Wayne would sue Cash Money for the sum of $8 million plus freedom from the label he’s been with for around 20 years. However, it’s been revealed today that Wayne is seeking a lot more, $43 million dollars more to to be precise, as we now know he is wanting $51 million. The rapper also wants to be joint copyright holder of all Young Money recordings which includes Drake, Nicki Minaj, Lil Twist, Mack Maine and many others.
The lawsuit, obtained by TMZ, reportedly states that Birdman breached Wayne’s contract by withholding the agreed $8 million advance Lil Wayne was meant to receive when he began working on the long-delayed Tha Carter V in December 2013, as well as another $2 million on completion of the album. Tunechi claims that because he’s not being paid what he’s owed, he’s allowed to walk from their contract.
We’ll keep you posted as the story unravels!