Tag Archives: settlement

Lil Wayne Settles His $14 Million Tax Debt

Lil Wayne Settles His 14 Million Tax Debt

Last month, Lil Wayne settled his huge tax bill of $14 million with the United States of America government.

According to The Blast, who received official court documents, Tunechi has paid off his IRS tax bills of $7,341,399.07 in 2011 and $6,853,545.77 in 2012.

More than likely Weezy has been able to pay off this debt from the eight-figure settlement money he received from Birdman and Cash Money Records last year!

Pic credit: GS Visuals.

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Lil Wayne Makes An Appearance On The 2018 Forbes “Hip-Hop Cash Kings” List

Lil Wayne Makes An Appearance On The 2018 Forbes Hip Hop Cash Kings List

Forbes reveal the top 20 rappers who have appeared on their 2018 Hip-Hop Cash Kings list. Lil Wayne made an appearance on this list at No. 18 by banking around $19 million, which is $3.5 million more than what he made last year.

Tunechi‘s Young Money artist Drake also made the top 20 of this year’s Hip-Hop Cash Kings list by entering at No. 4 with around $47 million. If you are interested, Birdman also made the list at No. 16 with an estimated $20 million.

You can check out the full list below. This year has also been Weezy‘s biggest payday since 2014 and that is thanks to headlining concerts and reaching a multimillion-dollar settlement with Cash Money Records and Universal!

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A Settlement Has Been Reached For Lil Wayne Refusing To Go Through Security At A South Carolina Concert

A Settlement Has Been Reached In The Lawsuit For Lil Wayne Refusing To Go Through Security At A South Carolina Concert

Remember when Lil Wayne was due to headline the 2nd annual Fall Ball at the Colonial Life Arena in Columbia, South Carolina last year and he ended up not performing because he didn’t want to be searched or go through a metal detector to enter the arena?

Well, the court battle between Wayne and the concert promoters All For One is finally over after a settlement was reached, which cannot be released to the public. According to The Post and Courier newspaper, the promoters wanted Weezy to pay back the $65,000 advance he was given out of his $110,000 payment to perform for 40 minutes and to pay their legal costs.

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Lil Wayne’s Lawyer Confirms He Is Now A Free Independent Artist Who Owns All His Rights

Lil Wayne's Lawyer Confirms He Is Now A Free Independent Artist Who Owns All His Rights

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?

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Lil Wayne Emerges Victorious In His Lawsuit Against Birdman, Cash Money & Universal?

Lil Wayne Emerges Victorious In His Lawsuit Against Birdman, Cash Money & Universal

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!

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AR-Ab Talks All About The Lil Wayne vs. Birdman Lawsuit [Video]

AR-Ab Talks All About The Lil Wayne vs Birdman Lawsuit

AR-Ab recently sat down with Vlad TV for an interview to speak on how close he was to signing with Cash Money Records.

During their conversation, AR-Ab revealed that 6 months ago Birdman told him his and Lil Wayne‘s lawsuit was about to be over and he was about to settle out, but Wayne ended up saying something on stage and so Baby pulled the plug on it.

The Philadelphia rapper also mentioned that Birdman told him his situation with Weezy was taking a toll on him and it was hurting him, because that’s his son and legacy. You can check out exactly what AR-Ab said after the jump below!

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