News

Lil Wayne Owns All Of Young Money

By HHL JT
pixel_start

Lil Wayne didn't just get $10 million and Carter V when he settled his lawsuit with Birdman.

He also got complete ownership of Young Money, as revealed in Billboard's big new piece on Wayne.

Young Money now belongs solely to Wayne, and its distribution deal with Republic remains in place. Tha Carter V will be the first album in his career to not have the Cash Money logo on it.

Prior to the lawsuit being settled, Cash Money owned 51 percent of Young Money.

Young Money's two biggest artists besides Wayne are Drake and Nicki Minaj. And that may be why Birdman was willing to give up Young Money. Drake's deal with Cash Money/ Young Money ended with his Scorpion album and he is now shopping for a new deal. On top of that, all of his prior royalties are being litigated. Nicki's new album Queen has been the worst selling of her career.

So unless Wayne can resign his boy Drake, it looks like the success of Young Money will depend mostly on the guy who now owns all of it.

pixel_end

Discuss

News Wack 100 and Drake Speculate On Whether Drake Will Sue Kendrick Lamar Wack 100 and Drake Speculate On Whether Drake Will Sue Kendrick Lamar / News Beef DJ Akademiks Says Drake Lied About Giving Kendrick Lamar Fake Info On Daughter DJ Akademiks Says Drake Lied About Giving Kendrick Lamar Fake Info On Daughter / Beef News Kanye Now Has Praise For Drake Kanye Now Has Praise For Drake / News News Drake's Gun Finger Photo Get's Clowned By Ice Cube's Son O'Shea Jackson Jr. Drake's Gun Finger Photo Get's Clowned By Ice Cube's Son O'Shea Jackson Jr. / News News A Rapper From Atlanta Says He Fed Drake False Info On Kendrick After Being Paid $150K A Rapper From Atlanta Says He Fed Drake False Info On Kendrick After Being Paid $150K / News Sports Drake Takes Another Big L On Tyson Fury Fight Drake Takes Another Big L On Tyson Fury Fight / Sports