It’s been a long time coming, but Lil Wayne has finally freed himself from his Cash Money Records contract.
The original lawsuit was filed in 2015 against Cash Money for breach of contract, Wayne and his legal team followed up in 2016 with the second lawsuit against Universal Music Group claiming the labels withheld profits he earned for his Young Money artists. Wayne was seeking about $40 million in damages and unpaid loyalties.
Now the New Orleans rapper has come out on top, as he will reportedly receive more than $10 million and be released from his contract with the labels. The latter part means Wayne can finally release his long awaited album, Tha Carter V.
We’ll wait to see what Lil Wayne does, I’m sure there’s a lot of outdated music from when the album was completed.