Lil Wayne Is Ready To Terminate Young Money Records Because of Birdman
By Isha Thorpe
October 24, 2017
Could Young Money be coming to an end? Lil Wayne filed court documents that declared if a receiver isn't appointed to supervise his label, he's ready to say goodbye to it.
The Blast reports: "Wayne filed documents demanding that the court either 'appoint a receiver to supervise the operations of Young Money Label joint venture or order the termination of Young Money Label joint venture and appoint a liquidator.'"
Birdman has reportedly already responded to the paperwork. According to the news outlet, Baby said that Wayne has absolutely no right to shut down Young Money, while's he's still under the Cash Money contract. In other words, Young Money isn't going anywhere and everything is staying as is.
Wayne has previously sued Birdman for unpaid profits, including an $8 million advance for Tha Carter V. Young Money was founded under Cash Money in 2005. It's since birthed two of the biggest rappers in the industry: Drake and Nicki Minaj.
If Young Money were to end, where would Drizzy and Minaj call home next?
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