UPDATE: TMZ hass reported that they have obtained the actual documents of the law suit Lil Wayne has filed against Birdman. The Young Money founder is suing for a grand total of $51 million. The $8 million that was previously reported actually stems from a previous deal Wayne and Birdman had made, which ensured that Wayne would get $8 million for recording for the album in December 2013 and another $2 million when the album was done.
Tha Carter V has been completed since December of last year and Weezy has yet to see a dime. He will be suing Birdman for not following through with the deal plus holding his upcoming album hostage. It looks like Baby’s legal issues are starting to stack up and if all goes Wayne’s way, Cash Money could be done like a fish out of water. However, according to TMZ, the only way Birdman could release Wayne’s album through Cash Money Records is if he offers the Young Money CEO a better deal.
The Young Money/Cash Money feud is escalating quickly. When Lil Wayne hit Birdman and Cash Money with an $8 million dollar lawsuit, it became clear that that drama he’d hinted at on Twitter was real and that he’s seriously trying to get off of the label that he’s called home since he began his career. But now it looks like Weezy is trying to take his entire Young Money squad with him as well.
TMZ reports that the lawsuit against Bryan “Birdman” Williams and Cash Money Records will not only demand millions for failing to release his long-awaited album Tha Carter V, but that his entire Young Money roster will be leaving with him. That means Drake (and OVO Sounds), Nicki Minaj, Mack Maine, Lil Twist, Christina Millian, Chanel West Coast, and the rest of the team will stay under his umbrella because their contracts are legally under Weezy’s label.
If the reports are true, this could be the biggest label to disband since the golden days of Roc-A-Fella Records. However, while artists had the option to choose whether they would go with Jay Z or Dame Dash, Weezy is trying to skip that step and make sure that Baby has no reach over the empire Weezy has built. We’ll keep you updated as this story develops.