Lil Wayne has sued Birdman’s record label Cash Money for $51 million, it has been reported.
According to TMZ, Wayne filed legal papers on Wednesday, asking the court to nullify the contract he has with Cash Money, claiming that Birdman stifled him of the cash due him by delaying the release of his album Tha Carter V.
Wayne also claims in the docs that he’s entitled to leave the label because Birdman violated the terms of the contract by owing him millions of dollars. He says he was not paid the agreed $8 million advance when he began recording the album in 2013, nor was he paid the agreed $2 million after the album was finished.
In addition to the $51 million and his freedom, Wayne is asking the court to declare that he’s the joint copyright owner of all Young Money recordings. If granted, this will mean that Wayne has the rights to the recordings of the likes of Drake and Nicki Minaj … and he has already made it clear that he will take the duo along with him should he leave Cash Money.
Birdman is yet to file a response.
As ENTmania! reported, Wayne and Birdman tried to reach a settlement two weeks ago, but failed.