Tag Archives: ronald sweeney

Lil Wayne Sells His Masters For More Than $100 Million

Lil Wayne Sold His Masters For More Than 100 Million

According to TMZ, Lil Wayne‘s former manager Ronald Sweeney has filed a lawsuit against the New Orleans rapper for over $20 million.

Ronald says Wayne hired him back in 2005 to help renegotiate his deal with Cash Money Records, which we know was also another lawsuit that finally got settled in 2018. However, the attorney claims he only got a few payments for his work and is now suing Weezy for the full cut.

In the suit that was filed by lawyer Ed McPherson, Ronald Sweeney also mentions he was asked by Lil Wayne to fire Cortez Bryant in 2018 over a conflict of interest in a legal dispute about who Drake was signed to. After doing so, Sweeney claims Tez and Mack Maine then conspired to cause a disagreement and anger between himself and Tunechi in which it ended with Tune firing the attorney.

The craziest part of this lawsuit is that Wayne sold his masters to Universal Music Group in June of this year for more than $100 million. Ronald Sweeney is using this to say Mr. Carter does have the money to pay him what he is owed.

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Lil Wayne Sues His Former Attorney For $20 Million

Lil Wayne Sues His Former Attorney For 20 Million

According to TMZ, Lil Wayne is suing his former lawyer Ronald Sweeney, who has been representing him all the way from 2005 to September last year. Wayne has filed a $20 million lawsuit against his former attorney by claiming he has been overcharged during these past 13 years.

In the court documents, Tunechi says Ronald has charged him 10% of every deal he helped close without informing him that the industry standard is only 5%. He went on to say that Sweeney has made $20 million off him alone.

The Young Money CEO added that Ron brought in help from another law firm to help in his huge lawsuit against Birdman and Cash Money Records over Tha Carter V. Weezy says this firm got 23% from the Cash Money settlement money and 15% of the Universal Music Group settlement. This made him unhappy as this was also on top of Sweeney‘s 10%!

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Birdman Claims Lil Wayne & Cortez Bryant Have Been Plotting With Their Lawyer To Earn A Bigger Share Of Drake’s Profits

Birdman Claims Lil Wayne & Cortez Bryant Have Been Arranging A Way To Earn A Bigger Share Of Drake Royalties

Even though it seemed like everything was getting back to normal between Lil Wayne and Birdman, it looks like their feud is still ongoing.

According to The Blast, Baby is accusing Wayne and his manager/best friend Cortez Bryant of taking part in an elaborate plan to earn more money from Drake‘s music.

Last year, Aspire Music Group, which is a record label co-founded by Tez Poe, sued Cash Money Records and Universal Music Group for not paying the revenue that they owed from Drizzy‘s royalties.

After looking at the documents, Aspire are claiming that they discovered the 6 God and have a deal in place with Young Money Entertainment and Cash Money permitting them to a 1/3 share of the net profits from Drake‘s first six projects.

Birdman and CM counter-sued Aspire Music Group‘s lawsuit on Friday (August 17th) by accusing Weezy and Tez for plotting with their lawyer Ronald Sweeney to get richer off a bigger share of Drizzy Drake‘s royalties:

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