Birdman and Lil Wayne have officially declared war. Settlement talks have broken down and Wayne will now sue his
mentor, claiming among other things Birdman owes him $8 million.
As TMZ reported, the 2 titans tried coming to terms this week but it wasn’t meant to be. Now Wayne will ask a judge to declare him free of Cash Money and Birdman’s control. Wayne says Birdman has violated their contract by withholding the release of his new album.
As for the $8 MIL claim, Wayne says Birdman owed the money for his latest album — it was supposed to be an advance. Let’s not forget when Lil Wayne mentioned how he was thinking of retiring. This is definitely going to be a great loss in the music industry if he does decide to take this route. But I guess, the sooner he does retire, the longer he will have to look into the idea of how equity release works. We shouldn’t assume because he is Lil Wayne that he knows all there is to know about retirement. I don’t even think he is sure of the decision himself. But we have to wait and find out what he decides to do.
Birdman has held firm, he will release the album “in due time,” but clearly that’s not good enough for Wayne.
TMZ reports that Lil Wayne will keep recording but he will release his works outside of the Cash Money umbrella.
– See more at: http://www.lailasblog.com/2015/01/lil-wayne-leaves-cash-money-sues.html#sthash.52vMMXGR.dpuf
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