Lil Wayne has filed a lawsuit against Universal Music Group over allegations that the record company is settling debts with Birdman and Cash Money Records with money they owe him.
Lil Wayne filed the federal lawsuit against UMG over its financial arrangement with Cash Money. According to the suit, UMG paid Birdman’s label $100 million and has slowly been paying itself back.
According to Wayne, half of the money that is going back to Universal is his because the bulk of the revenue earned by Cash Money is from the revenue earned by his Young Money artists. So he deserves to get a whole lot more
Thus, his lawsuit is aimed at getting what he deserves which he puts at $20 million. This follows the $10 million lawsuit he filed against Cash Money.