web stats
  • Home
  • Music
    • All Music
    • Freestyles
    • Mixtapes
  • Videos
  • News
  • Exclusives + Premieres
    • Premiere
    • Exclusive Interviews
No Result
View All Result
  • Home
  • Music
    • All Music
    • Freestyles
    • Mixtapes
  • Videos
  • News
  • Exclusives + Premieres
    • Premiere
    • Exclusive Interviews
No Result
View All Result
No Result
View All Result
News

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

Navjosh by Navjosh
December 12, 2020
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.

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.

Related Posts

Travis Scott Performs ‘Mafia’ & ‘Lost Forever’ at 2022 Billboard Music Awards: Watch
News

Travis Scott Performs ‘Mafia’ & ‘Lost Forever’ at 2022 Billboard Music Awards: Watch

5 hours ago

...

Read more
Diddy Debuts New Single ‘Gotta Move On’ with Bryson Tiller at Billboard Music Awards
News

Diddy Debuts New Single ‘Gotta Move On’ with Bryson Tiller at Billboard Music Awards

5 hours ago

...

Read more
Post Malone Debuts New Song ‘Love/Hate Letter to Alcohol’ on SNL: Watch
News

Post Malone Debuts New Song ‘Love/Hate Letter to Alcohol’ on SNL: Watch

14 hours ago

...

Read more
Here Are The Production Credits For Kendrick Lamar’s New Album ‘Mr. Morale & The Big Steppers’
News

Kendrick Lamar ‘Mr. Morale & The Big Steppers’ First Week Sales Projections

2 days ago

...

Read more
YSL Rapper Lil Keed Passes Away
News

YSL Rapper Lil Keed Passes Away

2 days ago

...

Read more
Watch a Preview of Kendrick Lamar’s ‘N95’ Music Video
News

Watch a Preview of Kendrick Lamar’s ‘N95’ Music Video

2 days ago

...

Read more
Load More
ADVERTISEMENT

Sign up for our NEWSLETTER for breaking stories and exclusives.

We never share your email with any 3rd party. You can unsubscribe at any time.


 

POPULAR

News

N.O.R.E. Reveals Kanye Wasn’t Happy with Game’s Comments About Dr. Dre Not Doing Enough for His Career

April 17, 2022
News

DaBaby Reportedly Shoots Home Intruder at North Carolina Estate

April 15, 2022
Music

New Jack Harlow & Drake Song ‘Have A Turn’ Surfaces Online

April 14, 2022
HipHop-N-More

© 2008-2021 HipHop-N-More. All Rights Reserved.

HHNM

  • About
  • Privacy Policy
  • Contact Us
  • Submit Music

FOLLOW US

No Result
View All Result
  • Music
  • Videos
  • News
  • Exclusive Interviews
  • Premiere
  • About Us
  • Contact Us
  • Advertise With Us
  • New Artist Submissions
  • Read us on Google News
  • Read us on Apple News

© 2008-2021 HipHop-N-More. All Rights Reserved.