Lil Wayne Getting Cash Money Payout & New "Carter V" Label Situation

After what seems like an eternity, Lil Wayne has reportedly come out with some kind victory in his legal battle against Cash Money and Birdman. In an agreement between Wayne, Universal Records and Cash Money, Weezy is no longer part  the label and will receive “well over $10 million,” according to The Blast.

Universal and Lil Wayne have had their fair share disagreement including their lawsuit in March 2016, which has also now been settled, according to Pitchfork.  At the time, Wayne filed against Universal over damages and unpaid prits for Young Money artists Tyga, Nicki Minaj and Drake.

Before that, Wayne sued Birdman for $51 million and to have his record deal voided. Drake’s former management company Aspire Music Group also sued Cash Money for withholding prits back in January 2017.

Wayne’s lawyer, Howard King, filed a notice with the court on May 23 that said everyone involved is ready to throw out the lawsuit. As part the deal, Tha Carter V will be released through Universal. The status Drake’s and Nicki Minaj’s contracts with Cash Money seems to remain intact.

The relationship between Birdman and Wayne has been a back-and-forth emotions at various public appearances.

In other news on Wayne’s long-awaited projects, it seems like Juelz Santana is keeping hope alive for I Can’t Feel My Face.