It seems like the Lil Wayne vs. Birdman saga would bear on forever. If you’ll remember, Wayne originally sued Birdman and Cash Money Records to have his record deal voided and accused the label of owing him tens of millions of dollars, including an $8 million advance for his Tha Carter V album. However, now, it appears that the ordeal is over. It has been reported that Wayne, Birdman and Universal Music Group have reached a rather sizable settlement.
According to The Blast, Universal paid Wayne with a settlement check for “well over $10 million.” Reportedly, none of the money came out of Birdman’s pockets. According to the report, “We are told that Universal was comfortable with the massive payment because they believe they will recoup the profits from Drake and Nicki Minaj going forward — a major part of what Wayne was suing over.”
Now that the drama is over, it’s truly the end of an era. Wayne is officially done with Cash Money Records, a label he has been on since he was a teen. Hardcore Wayne fan should be happy to hear that the long awaited Tha Carter V will now be released under Universal.
It would also seem that Wayne’s longtime father/son relationship with Birdman is over. It is said that, although the two have been pictured together in recent months, there is still a lot of animosity between the two.