The legal battle between Lil Wayne and Birdman was definitely a 12-round bout that finally ends with Weezy coming out victorious.
According to The Blast, Wayne came to an agreement with Birdman and Universal Records, that he will be free from his Cash Money contract and also reached a hefty settlement of over $10-million in retribution for his work.
With the agreement comes Weezy being freed from Cash Money Records, who he has been with since he broke into the music scene back in 1996. The agreement also allows him to release his long-awaited ‘Tha Carter V’ album, which will be released by Universal.
Back in 2015 Weezy filed his lawsuit against Birdman and Cash Money for $51-million to terminate his contract. He accused Birdman of owing him and $8-million advance for ‘Tha Carter V’ plus an extra $2-million upon completion, which is what he ends up settling for.
Although there had been several shots fired between Wayne and Birdman since 2015, the two rappers have been spotted together in the recent months. They’ve been spotted at Miami nightclubs earlier this year. However The Blast reports there is “no relationship” currently between the two, which could mean they might’ve been attempting to reach a settlement outside of court.
Birdman said a few months ago that ‘Tha Carter V’ would be released this year, saying in an interview, “We’ll get that this year, I’m guaranteeing you gon’ get it this year.”
Tunechi’s attorney Ron Sweeney confirmed the agreement with Cash Money Records, but didn’t specify the terms. He did say that Weezy is “happy” and that should be all that matters.
While at Cash Money Wayne released a total of 12 albums beginning with his debut album in 1999, ‘Tha Block Is Hot’. He’s also released a plethora of mixtapes under the label.
Stay tuned for any more updates as they unfold.
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