Lil’ Wayne’s $51 Million Lawsuit Exposes Cash Money’s Dirty Business

Lil Wayne’s $51 million lawsuit against Cash Money Records and its head Birdman was a shock to many. What we didn’t know is how far the label’s shady dealings with Weezy, his Young Money Entertainment and artist Drake ran.

According to 21-page suit, posted Mark H. Jaffe, the f***ery and betrayal goes deep, as seen in the following points via Reason4Rhymes.com:

1. Lil Wayne’s Young Money Entertainment is technically not owned by Lil Wayne because his “Pa”, Birdman, owns 51% interest in the label while Weezy owns 49%.

2. Cash Money Records failed to provide Weezy and/or Young Money with accounting statements and payments of net profits for years.

3. Since early 2012, Cash Money has failed to provide monthly accounting statements and/or failed to pay Young Money its share of receipts with regard to Drake’s recordings, who is signed to Young Money.

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Birdman Denied Entry To Nicki Minaj’s Pre Grammy’s Party

According to TMZ, Birdman and his huge entourage were turned away from Nicki Minaj’s Pre-Grammy party in West Hollywood early Sunday morning. Apparently, Birdman and his crew showed up to the party at 1:45 am to be turned away with an explanation that the club was about to close.  It could be as simple as that, but you would think that Nicki would make a way for the CEO of Cash Money Records, the parent company of her mentor Lil’ Wayne’s label, Young Money.

Maybe Birdman was just too tardy for the party, or maybe Nicki is making it known who she is siding with in the beef Birdman is currently experiencing with Lil’ Wayne who wants to cut all ties with him and is rumored to be suing him for the advance of the delayed Carter V album.

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