Lil Wayne Has Reportedly Sold His Masters to Universal for $100 Million

Lil Wayne has reportedly sold his masters to Universal Music Group for $100 million.

This information has come to light as a result of a lawsuit that Wayne’s former manager Ronald Sweeney has brought to court for $20 million. TMZ reports that Ronald Sweeney claims Wayne hired him in 2005 to help renegotiate his deal with Birdman and his company, Cash Money.

Kendrick Lamar Shakes Up The Super Bowl With Bold Drake Diss And Surprise Guests

Kendrick Lamar's Super Bowl 59 halftime performance was nothing short of legendary, leaving fans buzzing with surprise cameos and bold moments that took his long-running feud with Drake to new heights. Kicking off with an unreleased song snippet and followed by “Squabble Up” from his latest album GNX, Kendrick immediately set the tone for a game-changing performance. Fans eagerly waited to see if Kendrick would play his diss track Not Like Us, especially with Drake's ongoing lawsuit against him and his label for defamation and harassment. Lamar's performance included an unexpected appearance by SZA and a quirky cameo from Serena Williams, along with Samuel L. Jackson’s comedic interruptions, all building the suspense around the Drake drama. In the middle of his performance, Kendrick turned up the heat, looking straight into the camera and directly addressing Drake with his famous lyrics, “I heard you like them young," as fans held their breath. Despite the tension, Kendrick censored himself when it came time to call Drake a "certified lover boy" and avoided saying “pedophile,” which had been widely speculated. Social media lit up with mixed reactions, with some fans mocking the performance as a "mid mashup" and others noting the intense hostility toward Drake. With the hashtag #KendrickBowl trending, it’s clear that Kendrick’s performance was a cultural moment that pushed boundaries—but has he gone too far, or is this just another chapter in hip-hop history? Only time will tell, and Drake has yet to respond.

0 seconds of 2 minutes, 37 secondsVolume 0%

00:00

02:37

Wayne of course had a legal showdown with Cash Money over the last few years but then settled the lawsuit in May 2018, but Sweeney now claims he did not get paid what he deserved. In the suit filed by attorney Ed McPherson, Sweeney says back in May 2018, Weezy asked him to fire Cortez Bryant (Weezy’s former manager) over a conflict of interest in a legal dispute involving Drake and Cash Money. Sweeney did that and took over Bryant’s duties, even getting Wayne to raise his commission from 10 to 17 percent. But later, Mack Maine and Cortez Bryant allegedly “conspired to drive a wedge between Wayne and Sweeney.”

In the lawsuit, Sweeney mentions something interesting: Lil Wayne sold his masters to Universal Music Group for more than $100 million this past June. He is not asking for anything out of the deal but brings that up to prove that Wayne has the money to pay him. This deal has, of course, not been made public by either Wayne or UMG.

Weezy has not commented on the matter yet but interestingly, Wayne had also sued Ronald Sweeney for $20 million last year for charging him 10% attorney commission instead of the industry practice of 5%.

Lil Wayne recently dropped the music video for his song ‘Something Different’ from his No Ceilings 3 mixtape.