Lil Wayne hit double platinum with his 2008 hit “Got Money,” featuring T-Pain, Now he’s got mo’ money, to the tune of over $10 million.
Weezy has reportedly received a settlement of over $10 million from his lawsuit against Birdman, Cash Money Records and Universal Music Group.
Universal wrote the check, according to The Blast. Now Wayne’s long fight to release Tha Carter V is over, and Universal will release the long awaited follow-up his 2011 double platinum album, Tha Carter IV.
Wayne had announced that Tha Carter V would be released in 2014 and dropped several singles from the album, including “Believe Me” featuring Drake. He later claimed that Birdman and Cash Money refused to release the album. That prompted Wayne to filehis $51 million lawsuit in 2015 demanding unpaid royalties, including profits from music released by Drake and Nicki Minaj, whom he signed to his label, Young Money Entertainment.
In addition to his cash settlement, Lil Wayne was also granted his demand to have his contract with Cash Money Records voided.
No word yet on when Tha Carter V will be released.
Source-ABC
