Lil Wayne Reportedly Angry With Birdman for Letting Tyga Off of Young Money Records
Tyga, who was formerly signed to Wayne's Young Money imprint, recently inked a deal with Kanye West's G.O.O.D. Music. The thing is, Wayne reportedly never signed off on letting Tyga out of his contract. Although Wayne is a founding partner and 49 percent stake holder in the company, Birdman holds a majority stake. However, TMZ reports that sources close to Weezy say he's pissed about not being consulted on the decision.
This is just the latest issue in the ongoing battle between Wayne and Birdman. Yesterday (Sept. 18), it was reported that Wayne, who is suing Cash Money for $51 million, wants to know how Birdman blew through $70 million from their $100 million distribution deal with Universal Music Group. In newly submitted documents, Wayne claimed that he hasn’t seen any money from the deal. Wayne also alleged that Birdman admitted to spending $70 million that was earmarked for marketing, recording and royalties. Attorneys for Birdman contend that they've submitted 22,000 pages of documents to Wayne’s lawyers, however, Weezy said that none of them included financial statements.
To add more fuel to the fire, last week Rap-A-Lot founder J. Prince said that he plans to help Wayne get his money from Birdman.
“Where [Wayne] is weak, I am strong,” he said. “He has gained an ally, and together we will get back all money owed to him and my son off the Drake albums.”
In other words, don't expect this ongoing legal battle to end any time soon.