#LilWayne started the month of June off on the right foot and a few million dollars richer, yall!
As you know, he has been in an ongoing lawsuit with #Birdmans record label Cash Money Records. Wayne was promised an $8 Million advance for recording #ThaCarterV and an additional $2 million after the project was done, but didnt get a dime and wanted his contract with Cash Money terminated.
Thankfully, the lawsuit has come to an end, according to documents obtained by @Blast! Waynes attorney, Howard King, filed a notice on May 23rd that all parties are ready for the lawsuit to be dismissed. It turns out that Wayne was paid the $10 million owed to him PLUS some! According to The Blast, Universal went ahead and paid Wayne well over $10 million, because theyre confident that theyll recoup the money from Drake and Nicki Minajs upcoming projects.
Now, Wayne is free from his record deal and Tha Carter V will be released by Universal!
Looks like Wayne got everything he wanted. Good for him!
TSR STAFF: Talia O. @theclosetratchet on IG
Source: https://theblast.com/lil-wayne-birdman-cash-money-universal-settlement/
