I’m sure most of you Wayniacs have already heard Lil Wayne‘s “It’s Good” record off his Tha Carter IV album featuring Drake and Jadakiss, but if not, you will be able to listen to it on August 29th when Weezy‘s album will be available in stores. Anyways, on the track (which all of the artists kill by the way), Tunechi disses Jay-Z and Beyonce with these lines:

“Talkin ’bout Baby money? I got your baby money
Kidnap your bitch, get that ‘how much you love your lady’ money
I know you fake nigga, press your brakes nigga
I’ll take you out, that’s a date nigga”

This is because of what Jay-Z said on his “H.A.M.” song with Kanye West about Birdman:

“I’m like really half a billi nigga
Really you got Baby money
Keep it real with niggas
Niggas ain’t got my lady money”

In an interview with VIBE Magazine for their October/November issue, Wayne says he is not worried about any fallout with Jay and that he doesn’t think he will take any action:

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Birdman tells Music Mix that after chilling and partying with his family, Lil Wayne will go straight to the studio when he is released from Rikers Island in four days. Baby also says that Weezy will be working on his Tha Carter IV album (hopefully Dedication 4 too), and we should be looking for Like Father, Like Son Part 2 to drop on Father’s Day weekend.

“Me knowing Wayne, he’s going into the studio,” Cash Money label head Baby (a.k.a. Birdman) tells the Music Mix. “He hasn’t been able to rap for months. I think after seeing the family, popping a few bottles, it’s back to basics. Family first, that’s what we believe in, that’s what we’re loyal to. After that, I think the same day he comes home, he’s going to go straight to the studio.”

Wayne’s first priority when he enters the booth for the first time since March will be working on his long-promised project Tha Carter IV. Baby expects that album to arrive in the first quarter of 2011, though no release plans have been finalized.

Baby is also looking forward to working with Wayne on a sequel to Like Father, Like Son, the collaborative album that the mentor and protégé released in 2006. “We’re planning on putting that out Father’s Day weekend,” he says. So what should fans expect to hear next June? “Just me and Wayne being us, the father-son thing. We’re bringing that Cash Money/Young Money sound, that traditional hard-body rap, the music that we do together — that gangsta shit, straight up.”

Baby has taken charge of Young Money, helping them keep their stronghold on the rap music game until Weezy returns from temporary leave. The Cash Money general has plenty of experience running a family business but he says Wayne’s absence has left a void felt by the whole crew.

“It’s a big difference now without Lil Wayne but we doing what we gotta do. He’ll be home in a minute,” Baby told VIBE Saturday (May 1). “You can’t ever replace him. We do as much as we can without him and we just waiting for him to come home.”

Baby was spotted at New Jersey’s Bamboozle Music Festival over the weekend supporting Drake who performed for screaming fans. He says the Toronto native’s debut Thank Me Later, scheduled for June 15, will not disappoint.

“You always gotta say big things are coming from Young Money,” Birdman said from the festival. “All our releases this year – I think Drake‘s album is one of the biggest excitements of the year. I think Nicki Minaj‘s album is a big excitement of the year.”

Despite the moves Young Mula is making for music domination, Baby says there’s room for other crews to be successful too.

“You know, Dipset came up the same time as us. Cam, Jimmy, that’s my family,” Baby says about Jim Jones and Cam’ron’s recent reunion. “For them to be together, that’s what it do, that’s what’s up. We making music and unity and that’s what I’m about.”

Baby is also all about Weezy and the day they can stunt together again.

“I would probably be one of the happiest men on Earth the day that my son comes home,” Baby says. “That’s the biggest excitement for all of us as Young Money/Cash Money and as our families is the day Wayne come home.”

Via VIBE

Here are a couple of pictures of Lil Wayne leaving New York when his sentencing was delayed until March 8th. Nivea and Reginae were also spotted with him and there is a picture showing them together below. You can also view a video TMZ caught of Wayne, Nivea and their 3 month old son, Neal leaving Newark airport to catch a private jet.

Bonus: Click here to see more pictures of Lil Wayne and Young Money from Birdman’s after party in Atlanta.

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Lil Wayne may have an impending jail sentence, but in recent days some news about the MC has set the Internet chatter ablaze: Does he have another baby on the way?

Now, as she preps her as-yet-untitled debut album, Shanell said the rumors about whether she’s dating Lil Wayne have run rampant but have no basis in reality.

“Basically it came from a corny rumor that escalated,” Shanell told MTV News. “First I was dating him, then I was his girlfriend, then we were getting married, then we were settling down and now I’m pregnant. It’s so foolish we’ve haven’t paid it any attention.”

So what of the widely circulated photo where the two are hugging?

“We’re taking a picture,” she said.

The singer-songwriter says that the dating rumors were fine, but the pregnancy chatter was not.

“All the rest of the rumors were kinda funny except that one,” she admitted. “When my mother called me like, ‘Um?,’ [I was] like, ‘No! Are you serious?’ I don’t care about the rumors, but I just want people to know that I’m not pregnant. I’ve got an album coming out, I’m a dancer, I’m in shape and children are not anywhere in my future.”

Lil Wayne agrees.

“Let me clear up this rumor, man: Shanell is not pregnant from me,” Wayne said in a serious tone on a Ustream video last weekend. “Shanell isn’t even pregnant! Period. Clear that up right now, man. Everybody talking about Shanell pregnant by … No, she not even pregnant. Period.”

Lil Wayne may not be the father this go round, but he saw the birth of three sons — from an unnamed Ohio native, singer Nivea Nash and actress Lauren London — between 2008 and 2009 alone. His first child’s name is Reginae Carter, from his marriage to Toya Carter.

Via MTV