According to AllHipHop, Lil Wayne and Young Money Touring Inc. are suing a former booking agency for $375,000. Weezy has been working with the booking agency, Ujaama Talent Agency Inc., since 2008 and has been on four different tours booked by Ujaama. They owe Tunechi $375,000 in proceeds from his Americas Most Wanted Music Festival, both the Summer and Winter tours. It’s nice to see Wayne getting some money back rather than seeing another lawsuit filed against him. You can read the entire article after the jump and leave your thoughts in the comments box.

Rapper Lil Wayne and his company Young Money Touring Inc. has filed a lawsuit against a former booking agent who allegedly stole $375,000 in touring proceeds.

Lawyers for Lil Wayne filed a lawsuit against Ujaama Talent Agency Inc. and the company’s owners, Erskine Isaac, David Nelson on August 16th in the Supreme Court of the State of New York.

According to the lawsuit, Lil Wayne has worked with the company since the early stages of his career, by organizing and scheduling tours for the chart-topping rap star on a non-exclusive basis.

Between 2008 and January of 2010, Lil Wayne participated in four different tours with Ujaama.

A dispute broke out between the two companies over the proceeds of the two “America’s Most Wanted Music Festival” tours in Summer and Winter of 2009.

Around October of 2009, when Lil Wayne pleaded guilty to possessing a gun on his tour bus, he again engaged the services of Ujaama to book a national tour before he went to jail on Rikers Island.

The lawsuit claims that Isaac and Nelson “elected to divert to Ujaama’s own bank account an amount not less than $375,000, the sum that Isaac and Nelson maintain is owed to Ujaama for the tours in question.

Lil Wayne‘s lawyer Ronald Sweeney had various conversations with the pair and asked for the money back, but Isaac and Nelson refused to return the money.

Just this week, Forbes named Lil Wayne the 4th best-earner in Hip-Hop, after he earned $20 million dollars over the past 12 months.

As you know, Lil Wayne is heading to jail in February 2010 and we have done a deal with Knotti to sell some “Free Weezy” t-shirts. We have 100 t-shirts to sell, so it’s first come first serve. The price is $20 plus $3 for shipping, and you also get a free “America’s Most Wanted Tour” DVD with your t-shirt. You can order your shirt from the button below, and we will ship all packages on January 15th, so you will receive them about 3 to 5 days after that. We also ship internationally.

SOLD OUT!

We would also like you to send in a picture of you wearing the shirt and include a letter to Weezy which we will then send to him while he’s locked up.

Update: The sizes of the t-shirts are American, and we have put up 100 more t-shirts for sale. One lucky person will receive an iPod Touch with their package! The person will be randomly chosen and if you have already ordered, you are included in this raffle. The iPod Touch will include ten Lil Wayne x Young Money mixtapes preloaded already on it, good luck

Anyone know where I can cop one of them Young Money hats Wayne is wearing

In the video above, Tony Yayo talks about the 50 Cent and Lil Wayne beef. They speak about the ‘stabs’ both rappers have been doing at each other, and when Fiddy came out on Weezy‘s AMW tour.

Shouts to the homie Vlad

You can now officially buy a copy of the Young Money and Lil Wayne “America’s Most Wanted: Music Festival” on DVD.

Knotti has captured a whole night of the tour which features Lil Wayne, Drake, Mack Maine, Nicki Minaj and the Young Money/Cash Money family.

The runtime is 55 minutes, and the price is $25 + $2.50 for shipping and handling (including International). You can order a copy here:

You can view some videos below to see examples of the quality:

Please allow 2 weeks for delivery because of high volume of orders.

The final numbers are in for Lil Wayne‘s 2008-2009 North American touring, and it looks like the rapper will have the highest grossing hip-hop tour of the year — and the most lucrative rap jaunt that Billboard has ever tracked.

Seventy-eight Lil Wayne headlining arena and amphitheater concerts in North America from Dec. 14, 2008, through Sept. 6, 2009, grossed approximately $42 million and drew nearly 804,000 fans, according to Lil Wayne tour producer and tour business manager Shawn Gee, who also serves as president of music and entertainment at Sports & Entertainment Financial Group.

“It’s definitely one of the biggest in the last couple of years,” Gee tells Billboard.com, noting that Haymon Events/Live Nation was the exclusive tour promoter for all of the shows. “Our plan was to prove that Wayne was a viable headlining arena artist.”

The second highest-grossing rap tour that Billboard has tracked was Jay-Z’s 2008 jaunt with Mary J. Blige, which grossed $34.6 million and drew 310,694 concertgoers to 28 shows, according to Billboard Boxscore. Kanye West’s 2008 Glow In the Dark tour comes in third, having pulled in $30.8 million from 49 concerts that attracted 507,853 fans.

Other lucrative hip-hop tours in recent years include 2005′s Eminem/50 Cent Anger Management tour, which grossed $22.7 million from 23 shows; and a 50 Cent tour in 2003 that rang up nearly $23 million in ticket sales, much of it co-headlining with Jay-Z on the Roc-the-Mic tour, according to Boxscore.

Hip-hop tours rarely crack the Billboard year-end list of the top 25 grossing tours, but it’s likely that Lil Wayne‘s 2009 trek will earn a spot on this year’s tally. Several well known support acts on various legs of the rapper’s tour helped push ticket sales, Gee admits.

On the first leg of Lil Wayne‘s I Am Music Tour (Dec. 14, 2008 through Jan. 28, 2009), other artists on the bill included Keyshia Cole, T-Pain, Gym Class Heroes and Keri Hilson. Later, his America’s Most Wanted Music Festival trek (July 27 through Sept. 6) featured opening performances by Young Jeezy, Drake (who only appeared at three shows due to an injury), Soulja Boy Tell ‘Em, Jeremih and Pleasure P.

Gee, who was brought on by the rapper’s management last fall to “help redefine Wayne within the touring market,” says the main touring strategy was to create packages that appealed to fans of different musical genres. “We wanted to make sure we put together a package and over delivered to the consumer,” says Gee, who’s also worked with artists including West, the Roots and Jill Scott.

“We strategically put the I Am Music package together to make sure that all segments of Wayne‘s fanbase would be interested in one, if not, all of the opening acts,” he continues. “We had T-Pain as an opening act, who’s had hits over all formats of radio; we had Keyshia Cole, who is more of an urban-leaning female; and we had Gym Class Heroes, which is more alternative.”

Although no specific touring plans are currently in the works, Gee believes that Lil Wayne will continue as an arena-sized headliner. “We definitely want to capitalize on the success we’ve had and want to continue building Wayne as a touring artist and not just an artist that tours,” he says. “We established him as a headline artist and I think it grows from there.”

Young Money‘s and Lil Wayne‘s “America’s Most Wanted Music Festival” has finally come to an end on Sunday (September 6) in Ft. Lauderdale, Florida.

There has been some good memories from the tour including Omarion’s and Chris Brown’s moonwalk, and also 50 Cent joining Soulja Boy on stage

We have four more pictures for you all and if you managed to make it to a show, then why not leave a comment telling us your favorite bits from the show

Here are a few more photos of Lil Wayne and Young Money from the America’s Most Wanted concert! Tonight is the last night of the AMW tour in case you didn’t know, but in October, they will be heading to Europe to do a few shows.

PS: Jay Sean tweeted earlier that he is heading to a Cash Money video shoot later today, so I wonder if that means the Birdman, Weezy and Drake “Money To Blow” record Also, Gudda said that when the tour is finished they will start shooting music videos, and I worked out that there will be around 10 So we will have lots of exciting Cash Money/Young Money stuff coming in the future to look out for!

Hit the jump to see more pictures:

Pics via Miss Binky

Check out this poster Angry Blue designed for Young Money’s America’s Most Wanted tour above! Live Nation got Angry Blue to design a screen poster for the AMW tour and I think he did an amazing job; just check out all of the tattoos haha. Also, hit the jump to see the official single cover for Drake’s “Forever” with Lil Wayne, Kanye West and Eminem:

Here are some photos of Lil Wayne and Mack Maine performing on the America’s Most Wanted tour when they where in St. Paul, Minnesota, Wisconsin on September 1st. Shouts to MetroMix for the pictures and don’t forget to check out the gallery to see a lot more pics of Lil Wayne on the AMW tour! The venue was at Xcel Energy Center and hit the jump to see some more photos: