Lil Wayne just made a huge business deal.
The Hip-hop icon recently made headlines when it was reported that he sold his masters to Universal Music Group (Umg) for $100 millon back in June.
However, it is now revealed that the top-secret deal also included some of Nicki Minaj and Drake’s music too, per Meaww.
According to Music Business Worldwide, Lil Wayne, who helped launch Drake and Nicki Minaj's careers through his label Cash Money Records, allegedly sold the entire catalogue, including the work of Drake, Tyga, and Nicki Minaj.
The news comes after the 38-year-old rapper was recently sued by his former manager, Ronald Sweeney and Avant Garde Management for more than $20 million over unpaid commissions, reports TMZ.
"Plaintiffs are informed and believe… that, subsequent to (Sweeney’s) termination (as Wayne’s manager), specifically in or about June of 2020, Lil Wayne was able to sell the Young Money Masters...
The Hip-hop icon recently made headlines when it was reported that he sold his masters to Universal Music Group (Umg) for $100 millon back in June.
However, it is now revealed that the top-secret deal also included some of Nicki Minaj and Drake’s music too, per Meaww.
According to Music Business Worldwide, Lil Wayne, who helped launch Drake and Nicki Minaj's careers through his label Cash Money Records, allegedly sold the entire catalogue, including the work of Drake, Tyga, and Nicki Minaj.
The news comes after the 38-year-old rapper was recently sued by his former manager, Ronald Sweeney and Avant Garde Management for more than $20 million over unpaid commissions, reports TMZ.
"Plaintiffs are informed and believe… that, subsequent to (Sweeney’s) termination (as Wayne’s manager), specifically in or about June of 2020, Lil Wayne was able to sell the Young Money Masters...
- 12/19/2020
- by Omkar Padte
- GlamSham
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