The Lyrical Elitist

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No Settlement Reached Between Lil Wayne and Cash Money

lil wayne

Birdman and Lil Wayne have officially declared war … settlement talks have broken down and Wayne will now sue his mentor, claiming among other things Birdman owes him $8 million.

As TMZ reported … the 2 titans tried coming to terms this week but it wasn’t meant to be. Now Wayne will ask a judge to declare him free of Cash Money and Birdman’s control. Wayne says Birdman has violated their contract by withholding the release of his new album.

As for the $8 MIL claim … Wayne says Birdman owed the money for his latest album — it was supposed to be an advance.

Birdman has held firm … he will release the album “in due time,” but clearly that’s not good enough for Wayne.

We’re told Wayne will keep recording but he will release his works outside of the Cash Money umbrella.

Birdman is angry at Lil Wayne for “disrespecting” him in his latest song … and he will NOT voluntarily release the rapper from Cash Money … sources connected with the mogul tell TMZ.

Our sources say Birdman is angry on 2 fronts … that Wayne is trying to bail on a binding contract and even more personal, he’s putting their relationship on blast.

Wayne’s song, “I’m Sorry for the Wait,” is especially galling to Birdman because he feels the man he calls “son” is treating him like some random producer.

As we reported, lawyers and others for Wayne and Birdman are in talks, but Wayne has threatened a lawsuit if his album isn’t released.

Our Birdman sources say the mogul won’t budge and will only release the album on his terms. And he will fight Wayne if he sues to get out of his contract.

Source:
TMZ

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This entry was posted on January 24, 2015 by in Cash Money, Entertainment, Lil Wayne, Young Money/YMCMB and tagged , , , .

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