Fans Pissed at Lil Wayne for Allegedly Selling Drake and Nicki Minaj s Masters
Music
In the Bling Bling rapper s former manager s lawsuit against him, it s revealed that the Canadian star and the Anaconda hitmaker s masters were sold to Universal Music Group as part of a $100M deal. Dec 19, 2020
AceShowbiz -
Lil Wayne isn t done taking the heat after coming under fire earlier this year for his public support to
Donald Trump. No longer talking about politics, the rapper is now catching flak after it s reported that he sold
Weezy reportedly sold Young Money s masters to Universal Music Group for $100 million this summer. In his former manager Ronald E. Sweeney s multi-million dollar lawsuit against the Young Money CEO filed in California s Superior Court on December 10, it s revealed that the rights to some of Drake and Nicki s records were among those included in the $100M deal last June.
Lil Wayne was allegedly making some major money moves behind the scenes this summer. According to Music Business Worldwide, the multiplatinum-selling rapper sold the Young Money catalog to Universal Music Group for $100 million in June. At least that’s what his ex-manager Ronald E. Sweeney who’s suing Wayne to the tune of $20 million says.
Sweeney filed the suit in California’s Superior Court on December 10, accusing Wayne of “failing to honor an oral agreement to pay Sweeney a 10 percent share of certain one-off windfalls.” The lawsuit states as Wayne’s “personal manager,” he was told he’d receive 10 percent of proceeds from three separate paydays two lawsuit settlements plus the sale of “any master recordings owned by the Young Money [record] Label.”