CASH MONEY ABOUT TO BREAK AS LIL WAYNE SUES IT FOR $51 MILLION

It's not news that former best friends and
business partners Lil Wayne and Birdman have
fallen out over money, record deals, and artists
under their label. What's new now is that the
rapper is suing Cash Money for $51million with
the hopes of ending his contract with the label.
According to TMZ, Lil Wayne filed a lawsuit
asking a judge to end his contract with Cash
Money. According to the lawsuit, Wayne says
Birdman and company violated the deal by
withholding tens of millions of dollars Cash
Money owes him for his long-delayed album,
"Tha Carter V."
From TMZ
Wayne claims because Cash Money is
refusing to pay, he's entitled to walk. But
Lil Wayne wants more than just a
declaration of freedom. He's suing for $51
MILLION.
And Wayne wants the judge to declare he's
the joint copyright owner of all Young
Money recordings ... which includes Drake,
Nicki Minaj and several others.
Sources connected to Wayne tell TMZ ... if
Birdman antes up then he can release "Tha
Carter V," but only if Wayne gets paid.
Wayne says he was supposed to get an $8
million advance when he began recording in
December, 2013 and another 2M when he
completed the album a year later, but so
far he's gotten nothing.
Update: Lil Wayne to Birdman - I'm willing to
stay if the price is right
Lil Wayne will stay with Cash Money and
Birdman IF they ante up the money he's
owed ... in fact, we're told if Cash Money
antes up, Wayne has no choice but to stay.
Sources involved in the case tell TMZ ...
Wayne feels Birdman's decision to avoid
paying him is nothing more than a power
play. TMZ broke the story that Wayne is
suing, and a central claim is that Birdman
has consistently stiffed him over the last
year.
There are 2 payments that have irked
Wayne -- he says he was owed $8 million
when he went into the studio to record
"Tha Carter V " in December 2013, and
another $2 mil when he completed the
album last month.
We're told the hope is that Universal --
which distributes Cash Money records --
will step in and earmark the $10 mil for
Wayne. And we're told Universal is already
putting pressure on Cash Money to settle.
If Cash Money pays Wayne the $10 mil, it
would essentially eliminate any breach of
contract. That means Wayne would have no
legal basis to ask out of the contract. Even
though Wayne's suing for $51 million, most
of that is predicated on future lost profits
which would not be an issue if they settle.
As for the release of "Tha Carter V" ... even
if the case settles the power would be in
Birdman's claws.

Source: lindaikejisblog