Lil Wayne is making good on his promise to go after Birdman and the Cash Money records after he files a lawsuit against the label.
The lawsuit, obtained by TMZ, was filed in a Manhattan Federal court accuses Cash Money of cheating Dwayne Carter Jr. out of millions of dollars. Due to contract extension that Wayne signed in 2012, the rapper is supposed to receive an $8 million advance when he begins on a new project and $2 million when he delivers it. Wayne began working on Tha Carter V in December 2013 and delivered the album in December 2014 but was not paid any money.
It doesn’t stop there, Tunechi is also asking the judge to declare that he’s the joint copyright owner of all Young Money recordings which includes Drake and Nicki Minaj, Tyga, and more. He will likely take all the artists off of cash money label if and when he leaves. Wayne also said that the label failed to pay overhead and failed to file royalty reports for Drake.
“Cash Money has failed to provide a single accounting in respect of the exploitation of the Drake recordings, despite Drake being one of the bestselling recording artists in recent years,” the suit says.
So far there has been no response from Birdman or Cash Money Records.
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