First thing’s first, I want to give a huge shout out to all of the real fans who have stuck with Lil Wayne as he has gone through this situation that felt never-ending with his record labels!

After we first heard about Wayne winning his legal battle with Universal and Cash Money Records a few days ago, Mr. Carter‘s attorney Ron Sweeney has given a statement to Billboard about the case:

“Per our settlement agreement, the matter has been amicably resolved to the satisfaction of all parties. In terms of the particulars, we’re prohibited legally from saying anything further. I can say that my client is happy. He is his own man, a man that owns his assets, his music and himself. At some point, Wayne will let his fans know what’s going to happen next.”

This confirms that Weezy has reached a settlement with Cash Money, which means he is now a free independent artist who owns his rights again (but he is still cool with Birdman). However, the lawsuit is not fully closed yet.

If you didn’t already know, Sweeney has been Tunechi‘s main lawyer for 13 years and he hired Howard King to litigate this case against Universal and CM. I guess we now just have to wait for Tune to make an announcement on what we can expect next from him! Maybe he will say something later today at Summer Jam?

According to The Blast, Lil Wayne has emerged triumphant in his ongoing case with Birdman, Cash Money Records, and Universal Music Group after they say they have obtained the court documents.

The rival website to TMZ reveal Howard King, who is Wayne‘s attorney, filed a notice with the court on May 23rd saying all parties have come to an agreement and are ready to be done with the lawsuit.

Sources tell them that Universal wrote Tunechi a huge check for “well over $10 million” to settle the case and none of the money came from Birdman or CMR.

They also added that Universal were comfortable paying Tune the money, because they believe they will make it all back from Drake and Nicki Minaj profits in the future.

If these court documents are legit then Weezy should now officially be off Cash Money Records and Tha Carter V will be free to drop on Universal!

There has finally been an update in Lil Wayne‘s ongoing lawsuit against Birdman and Cash Money Records!

According to TMZ, who have obtained new documents in the case, Weezy is claiming Baby and Universal Music Group worked together to cheat him out of millions of dollars.

Tune‘s lawyer, Howard King, has filed docs in a New Orleans court saying Cash Money and Universal backdated a deal to make it look like Tune signed it before Young Money‘s contract with CM expired.

Also in the docs, Tunechi‘s team are saying UMG knew all along that putting an earlier date on the deal would screw him out of profits from his Young Mula artists!