Lil Wayne Lil Wayne Accuses Birdman of Taking More Than Half of the $100 Million Young Money Advance - Complex

Started by Ordinary Joel, Sep 18, 2016, in Music Add to Reading List

  1. Ordinary Joel
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    Ordinary Joel Found a new way to flow

    Sep 18, 2016
    via Complex

    http://au.complex.com/music/2016/09...mplexmag&utm_source=twitter&utm_medium=social

    BY DANA SCOTT
    Contributing writer to Complex Media. Twitter IG

    SEP 19, 2016

    [​IMG]

    The feud between Lil Wayne and his longtime mentor and Cash Money boss Birdman continues to fester. Lil Wayne has added another accusation of Birdman's greed to his long list of reasons why he wants to leave Cash Money—or at the very least clarifies why his business dealings with Birdman have him supposedly wanting to retire from rapaltogether.

    According to legal documents obtained by TMZ, the Young Money honcho claims that Birdman took a reported $70 million of the label's $100 million advance handed to the pair by Universal Music Group's distribution deal, which they had agreed to share. Weezy stated that Birdman had admitted to taking the lump sum for "royalties, marketing, and recording expenses."

    Wayne claims that Birdman had not fairly allocated the funds, and now he wants to open up the books in court to determine where that $70 million was spent, per his pending $51 million-lawsuit that he filed against Cash Money Records in January 2015.

    Last week, Weezy gained an ally in Rap-A-Lot Records CEO J. Prince to back up his claims against Birdman. J. Prince claims that he will help and knows how to get back the money owed to Wayne by Birdman. Just days prior to J. Prince jumping onboard in Wayne's defense, Wayne declared that he will not allow Birdman to release his long-awaited The Carter V album on Cash Money.
     
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  2. mow
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    mow long live flippa

    Sep 19, 2016
    d---
     
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  3. Cunner
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    Cunner belter skelter

    Sep 19, 2016
     
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  4. Trackz
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    Trackz BARCODE

    Sep 19, 2016
    With every week that goes by, Lil Wayne and Birdman's relationship continues to deteriorate in the public eye.

    Over the last two weeks, Wayne seemed to put a final seal on his and Baby's relationship with "Grateful" -- a response to his rumored "retirement" -- and taking to Skip Bayless' Undisputed show to say he'd never work with Birdman again, even if "the money was right."

    The tiff between the two, which has gone on for nearly 20 years now and quickly developed into a father-son relationship, faltered when Wayne filed a $51 million lawsuit against Baby for unpaid dues to Cash Money.

    New reports make that amount seem a bit generous and forgiving, asTMZ says Birdman spent $70 million of Young Money's $100 million advance from Universal Music Group on himself, according to Wayne's lawsuit.

    Birdman claims the money was spent on "royalties, marketing and recording expenses," the report says, but Wayne and his legal team don't believe it. It seems Wayne is going to get Birdman to prove where every dime Young Money earned Cash Money went until the money is straight.
     
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  5. Lil Squeed
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    Lil Squeed French Montana Stan

    Sep 19, 2016
    I just want Carter 5 so I can not give a f--- about this anymore.
     
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  6. Volt Papii
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    Sep 19, 2016
    Birdman should stop being too generous with these guys... literally saving their career.
     
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  7. Garnet FF
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    Garnet FF #FreeCreativity2016

    Sep 20, 2016
    pls do whathever you can to make sure we never hear of wayne ever again
     
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  8. Jay Zeus
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    Jay Zeus I am the god-favored weed strain

    Sep 20, 2016
    Shut the f--- up, dumb troll.
     
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