How Birdman Finessed Lil Wayne for $51m+

other iconic but uncharted songs by other great rappers like Barry Bonds with Kearney jay-z and hello Brooklyn with jay-z Z and by late 2007 Wayne was being called the best MTV MC in the game. The New Yorker called him rapper of the year. Rolling Stone named him best MC. Hell I even heard the sizzurp on Sunday gave him the gold cup award for services to savor it and all of this paved the way for Lil Wayne to completely demolish 2008 when he released the monster hit and probably my favorite album of all time , Carla 3, Carter 3 was a classic from the start, selling a million copies the first week and ended up going double platinum by the end of the year.

It was the best-selling record of 2008 and the album earned Wayne three Grammy Awards, including Best Rap Album, at a time when he was so eager to get on stage quickly that he was tapping away. square to try and jump there faster. He was just saying thank God, thank you Orleans, thank you to these people you see here and thank you, but it wasn't just Carta that was racking up the big one-two punch for young Weezy, the lead single. Lollipop was a number one hit and even got an amazing remix from Kanye West. Lollipop, a Wayne, a Grammy for best song and its follow-up, a million, Wayne, the Grammy for best performance, in addition to placing at number six on Billboard and probably going down as one of the best rap songs in history , the follow-up to That Got Money peaked at number thirteen and while we're taking a big double use, left, right, center, Wayne also won a fourth Grammy for Best Group Performance after appearing in Swagger Like Us with Jay-Z Ti and Kanye West, so it's pretty safe to say 2008 was the year of Wayne, Obama, baby, you're the fucking hater next door, so three million record sales later, surely Wayne's surrogate father , Birdman, is happy. with his performance and at this point Wayne re-signed with Cash Money Records on a huge solo deal that would see him deliver four more albums to the label, as well as expanding his contract for his Young Money label, so now with the game of rap firmly. in a choke, we will begin to focus all of your energy and effort on tirelessly trying to get your young money artist through the door and eventually we will release the Young Money compilation album, we are young money, and we will give you the maximum cosine by appearing on all but one of the We Are Young Money song albums performed quite well, reaching number nine on Billboard and selling 500,000 copies.

The album spawned two major singles, STD, the broadcast anthem to every girl in the world, which is about Wayne and his unusual ambition to cruise for literally everyone. girl of the world, okay it sounds a little gross but at least it was more successful than my single literally titled "any target who doesn't throw up at the sight of me", all the girls reached number 10 on the billboard chart and their following is fundamental. It ended up peaking at number two which would be another sexual harassment anthem based on that classic pick up line call me sir. Flintstones because I can do your base, which again did much better than my own single, call me sir.

Lecter, because I can make a mask out of your face, God, I'll be single forever. I know, these two massive, sexually charged hits introduce the world to Lil Wayne's extended Young Money family and the team was going strong with a solid lineup. they had Drake, Nicki Minaj, Tiger, what's his name, that guy, the guy who actually runs Young Money and the guy who trashed Bieber's Rory and this guy who looks like a crazy red store brand, no, they don't have to Scooby-Doo, who is he, look, he even had a backup, Nicki Minaj, in case the good guy had to look for service and that's the Young Money cash line-up, of course, the top tier names big on the list went on to have huge careers, Drake Nicki Minaj Tigers and one of the The years that followed were a complete roller coaster for Wayne himself, unfortunately he was shot and sentenced to a year in jail at Rikers Island, which was documented in his incredible diary until November, as well as attempting a career change into rock music with the terrible terrible album revival followed by a return to slightly better form with his album Miami Not Human Being.

Now, thankfully, we finally got another taste of the Lil Wayne we knew and loved when he dropped the cart in 2011 selling a million copies for the first time. Wayne another number one album and although he followed up with I am NOT human Being in 2013, critics and fans definitely noticed the drop in quality between that and his last work, now this was actually meant to be the last album he Wayne was obligated to give Cash Money as part of his original contract, but as we all know, what the fans really wanted was what was supposed to come next, Carter's mythical thigh, and Wayne wanted to give it to them, but there was a man standing in his way.

I the car mocking playboy 5 albums died at the end of 2013 Cash Money's new VP of promotion tweeted happy friday new music coming soon car 5 cool he tweeted can't 5 in February followed by the same vice president who had tweeted. before saying that Car at 5 was almost finished and would surprise fans not long after Wayne came out on stage with Draco during the headline weekend and revealed to fans that the album would be released on May 5, 2014, unfortunately, however, by the end of March, Wayne's manager Cortez Bryant would come out to say that the 5 car would unfortunately be delayed.

All of 2014 would go by without seeing the car fire even though Wayne even had the singles, believe me, he went to work like crazy and got started. fire all in public hanging around for a brief moment, a release date of December 9th was being teased before Wayne pulled out the Paisley red carpet beneath the fans making an announcement on December 4th, just 5 days before the day of scheduled release of the car 5. and surprised everyone when he came out on Twitter saying that Birdman was blocking the release of the album and that Wayne felt like a prison and Iran, a month and a half later, Wayne filed a huge lawsuit of 51 million dollars against Cash Money Records and this lawsuit right here.

It was really the meat of the story, and like a lot of the things I've been covering lately, it tends to get a little complicated, so let me break it down through his career with Cash Money, a series of deals. were signed between Lil Wayne and his record label, the first was the 1998 recording contract, which signed Wayne to the label and forced him to make a certain number of albums for Cash Money Records. Now we can't go too much into the details of this agreement. but this is essentially ground zero for Lil Wayne's relationship with Cash Money Records and Birdman on paper, and let's also assume that signing with Cash Money Records in 1998 will probably be a bit of a sorry deal, regardless of how Lil's career progresses.

Wayne and of course as he continued to find success after here he proved to be one of the biggest money makers for the Cash Money team so when you have so many double uses of your name and you're making so much money you can basically call the tomas and so, as time went on, Wayne and Birdman renegotiated and edited adding amendments to that initial agreement, the first of which was a 2003 agreement establishing Young Money Records with Lil Wayne as director and 49% of Wayne's earnings will be paid after a deduction. of distribution costs and fees and I know the alarm bells are ringing right now and so to avoid fiber with those costs, it was in the contract that Young was only required to pay the same distribution fee to Universal, which cash pays themselves, which essentially means that cash should not be able to increase their services to young money to charge them production fees, which essentially means that cash cannot increase distribution fees to take profits away from young money sounds good, so two years after that comes a 2005 deal, this was a settlement deal that was supposed to result in some disputes that Wayne and Birdman were having with the 98 and 2003 deals, so What the o5 deal provided were several amendments that extended the number of option periods in the 98 deal where Wayne was bound. deliver albums and modified the 2003 Young Money deal to give Wayne a cash advance against Young Money profits.

This was followed by another agreement in 2006 that amended the 98 and 2005 agreements, giving Wayne more cash advances and forcing him to act. to make albums for cash, one of which was so-so-such off our album with Birdman and the other one that never came out and then after the huge success of kart 3, as I mentioned before, Lil Wayne renegotiated his contract in In 2008, this established that Carter 3 fulfilled Lil Wayne's obligations to deliver albums in the first option period of the 98 deal, this meant that Lil Wayne's obligations to Cash Money would now be for more solo albums, as well as a complete one and as Now we know that those four albums ended up being a rebirth.

I'm not a human being for the Letter and I'm NOT a human being for Plus, at this point, Wayne should have joint ownership of the albums he delivers on the fourth and fifth. auction periods and also extended The Young Money's agreement period by six years, provided Wayne with additional cash advances, cash, agreed to provide a $1 million escrow account for Young Money to use to cover his expenses and also stated the profits made by Wayne in the 2003 Young Money Agreement could not be used to recover the cost he owed to Cash Money under his 98 agreement, but most importantly of all he said that Cash Money would give Wayne and Young Money monthly accounting updates on the costs and revenues of all Young Money operations, but hey, wait a minute, what if Lil Wayne and Young Money end up signing the biggest music artist the world has ever seen? ?

At this point, the 2009 agreement, also known as the Drake Charter Agreement, is presented, this link has several conditions. until the signing of his boy Drizzy Drake, specifically the earnings and earnings from Drake's solo career could not be used to pay off the debts from the money advance to Young Money, which essentially means that the earnings earned from Wayne's career , the Young Money projects, the scumbag career, they should all be it. completely separate and this Agreement entitles The Young Money LLC to one third of the net profits from Drake's recordings and well, that's all a wonderful thing, isn't it after the delivery of the fourth album that Wayne is obligated to give cash? human being to deal twenty-two has introduced and it is this deal that really is the victory lap for Lil Wayne in Cash Money.

This sees him modifying his original ninety-eight deal with the promise of a massive payday. This essentially renews the original agreement with two. periods of additional options that require him to deliver four albums, as well as the pending obligation of that second duet album that continues to evade us, I don't know about you, but I could definitely do without another Birdman a little angel album, but here's the biggest finesse of this The updated deal was worth about fourteen million dollars to Wayne because it promised Wayne ten million dollars per solo album he delivered, that's eight million dollars upfront from the time he steps in, both Blunt lighters and they start recording, okay the punchy part isn't in the contract, but you get the gist and then he made the remaining two million dollars by delivering that finished album, which is a big tasty deal, plus this also modified the deal of Young Money, making it a three-year run that will end on June 4, 2015, featuring Wayne.

Yet another cash advance on Young Money sales and this time with cash promising to provide two hundred thousand dollars upfront in water to cover Young Money's overhead, but most importantly establishing that the old master recordings performed by Young Money artists since 2003 will be jointly owned. and recorded by both Cash Money and Lil Wayne Young Money. I know it's very easy to pick out the details of these contracts and criticize Birdman for his sly corporate niceties, but ultimately, not knowing too much about Lil Wayne's initial deal in 1998 is all we're really looking at. here, that little Wayne thing that was promised sounds pretty good, the problem was never necessarily Lil Wayne signing a deal, the real problem was just Cash Money and Birdman, bald Lee, who didn't do anything more than what they said he would. were going to do and apparently between 2011 and 2015 a series of problems arose that made Lil Wayneget a lawyer and file that lawsuit against Cash Money, apparently Cash Money didn't provide any of those monthly accounting reports that they promised in the contract that they wouldn't pay the two hundred thousand dollars a year. quarter will provide the $1 million escrow account to cover Young Money's costs, apparently they didn't provide any accounting for the money earned from Drake's career since signing day, although, again, I'm leaning towards give the benefit of the doubt and say those just weren't delivered because Birdman Baldy's little head couldn't process numbers that big, but the result of this was that Lil Wayne was basically never paid the money he was owed for the huge Drake's career and it's also in the original contract that Cash Money was obligated to get approval from Lil Wayne and Young Money Records every time they spent over $300,000 on marketing, apparently Cash Money didn't do this and they claimed they had spent millions of young money marketing dollars that would have to be repaid and Damn, do you think that's bad?

Apparently Cash Money didn't even register Young Money as jointly owned by Lil Wayne anyway and that fourth and final album in this deal that I'm not a human being for was supposed to be registered as jointly owned by Wayne, so which Currently, Cash Money rejected the artists that Wayne had submitted to sign with Young Money, as well as not paying the Young Money artists the royalties they were actually owed, as we saw when Tiger also filed a lawsuit against Birdman, but We won't go into that and that's a story for another day, but when you attract big successful artists, they disappear and don't end up getting the money along the way, it doesn't suit you and apparently according to Wayne, this attracted. lawsuits against him that damage The Young Money's reputation and jeopardize its ability to do future business.

Wayne also called his original 98 contract a miss saying that Cash Money has not properly accounted for Wayne's royalty throughout his solo career. Wayne requested that the Cash Money and Young Money books and Baby declined all requests to deliver the books and, most important of all, in December 2014, Wayne delivered the Carter Five as promised in the amendment. 2012 and Wayne was owed $8 million up front and $2 million at the time of toning. on the album, both of which were not paid, Wayne says that there has been absolutely no explanation as to why this was not paid and given that at the time he still owed cash for more albums, he was not convinced that any of them would pay That's a complicated deal, fam, and I know a lot of people saw at a glance that when Lil Wayne was suing Cash Money for that $51 million figure, it was automatically assumed that this had something to do with the '49 to '49 split. 51 percent of Young Money or that it was some specific figure linked to a hundred million dollar advance that Universal gave to Cash Money;

However, this advance does not actually influence the figure of 51 million dollars. The damage was actually done to $8 million that was supposedly owed to Wayne for five-tagging the car. $5 million for failing to record Wayne's 49 percent stake in Young Money $13 million for Wayne's stock and album sales from Young Money's music catalog that were not properly accounted for and apparently $25 million for Wayne's future loss due to Cash Money allowing these initial deals to fall apart totaling $51 million and that doesn't even take into account the amount Wayne was allegedly scammed out of after not receiving income from his solo careers of Young Money artists like Drake Nicki Minaj and label a potentially huge figure that was not put a dollar value and was supposedly going to be determined in court considering the fact that Drake had the number one album, often the number one album and Nicki Minaj had the number two album and the number two albums, most likely the money that was What I owed Wayne was a total wild 21 here, by which I mean a lot, a couple of days after Wayne announced the feud on Twitter, he was on stage spilling the tea and saying he was in a tough spot, but he hoped he was out.

After this and a little over a month later to apologize for all the delays and getting into the car, 5 Wane apologizes for the way the mixtape was made and on that project he dissed Birdman and Cash Money on numerous occasions. Birdman was reportedly upset about this, but it took a couple of months for anything major to emerge between these two when Rolling Stone interviewed him saying that he and Birdman were no longer on speaking terms. In February he must have been a disappointing Valentine that year and then April 2nd. Wayne came on stage saying Cash Money called 5 coming soon and apparently this baby really got mad because on April 24, 2015 Lil Wayne's tour bus was shot up by a Birdman affiliate and young thug peewee Roscoe, sorry peewee Roscoe and although the connection between this shooting and the label dispute has never been definitively proven and at this point remains just speculation, if you want to hear a full 10 minutes of said speculation, go and watch my video on the subject, but even if If you think Birdman was really trying to murder his surrogate son, it's clear that Wayne probably wasn't scared because in May Wayne's Cash Money album, which appears once again in the song, ends with ASAP Rocky saying there's no money in cash, however, Wayne's strategy for securing that bag and the gun to take. took shape around you when he announced that he had signed with music collection agency Cobalt, but things didn't really start to progress until we saw the involvement of my favorite punching bag in the elevator, the record label bosses, the worst enemy and Colin Kaepernick's frequent ignoring of phone calls, jay- Remember when Jay-Z brought up a group of millionaires on stage and said they deserved more of your money?

Yeah well, in June 2015, Lil Wayne also joined the deaf team title as an artist owner and released his new single Glory on Tidal as well. to this onstage announcement that he had just signed his idol jay-z according to TMZ around this time apparently Lil Wayne was getting very anxious because the

birdman

's incompetence would lead to Nicki Minaj and Drake dropping his label so Lil Wayne and jay -z made a very dramatic move on the 4th of July by releasing Weezy's delightfully average free album as an exclusive title under Young Money and Republic Records and this album notably arrived without any mention of cash in any of the artwork, but with the registered publication. to Young Money and in some ways this was a really poor move, but in others it was completely brilliant at forcing Birdman's hand and leaving him certifiably angry and not long after this, Birdman retaliated by showing everyone who the real No. 1 House is by throwing to Lil Wayne. with drinks while performing on stage for Jim Jones's birthday, it's never good news when your dad shows up at your work unannounced, and about a week later, Birdman flashed his head ready for war by filing a fifty-fifty lawsuit. million dollars against Idol for the free Weezy album, the same cash, he owned the exclusive rights to Lil Wayne's music and, hey, he wasn't wrong on this point, he tried to clear things up between him and Wayne, appearing publicly in an insightful interview with Angie Martinez, where she essentially avoids answering the question entirely. about whether or not he pays people the money they are owed and basically just saying that if you put someone on the Forbes list he should be happy with whatever he gets.

Good contract. Do you pay a reward? That was again how my usher will do it. The first ten fold to the right for the lady. Wang drinks Nick and I, who speaks on Pride and White every year for the bathroom, yeah, okay, I understand that we talk about it, it's not that bad, huh, no, in addition to looking down on love wine, he faces to the lawsuit saying that he has put in too much. money in his pocket I make 51 million and I suggest that he is really just a lawyer who gets into this just give him a hundred trust me now the contract I certainly don't feel the same that he is a tarnished thing our feeling again meant seven million dollars up front , it was also in this interview that he began his sinister habit of claiming that Drake and Nicki Minaj with him for life hope forever in the drink business, we for having a drink business, we have always been this reason for a moment, It looked like Birdman. and Little Wayne will publicly reconcile after being spotted at Drake's 2016 New Year's Eve party at Crabbe Lit and again later in the studio with reports saying that they had actually been set up by Young Money president Mac. in a phone call two hours earlier. to this event and that he was still working on trying to reconcile the relationship two to three weeks after Wayne and Birdman returned to the Club stage live once again with what looked like a drunk Birdman apparently declaring his love for Lil Wayne meanwhile.

Wayne seemed to be searching deep in his joint for some way out of this desperate and embarrassing situation, after that they were in the studio with yoga, but even though the contract dispute was still going on according to TMZ, Wayne had no plans to drop the lawsuit. and before long Wayne would come up with a clever lateral chess move that would finally end up giving him everything he wanted. It was March 28, 2016. Blaine decided to take things to the main parent company that provides cash, Universal, directly for 40 million dollars directly targeting Universal saying that they confiscated Wayne's profits to pay off the cash debt on cash, something they weren't allowed to do and despite a few more public jabs, Lil Wayne was caught saying cash like he did at this April 20 rally in Denver, yeah those aren't really the vibes I'm getting looking, he could go down in the 20 rally, man, now at this point it didn't seem like much progress was being made and rumors started circulating that Wayne was going to retire saying he was feeling. mentally defeated by this whole process in a series of tweets that Wayne later clarified were sent after he had an argument with Birdman and then in September TMZ reported that a judge had ordered Birdman to turn over financial documents to show where 70 million was of those hundred million dollars from UMG.

The trailer was over in 30 days, but apparently during this period, Bourbon and Lil Wayne were in negotiations close to a deal, but 25 days later, this would completely fall apart and Birdman would stop negotiations out of sheer pettiness because apparently Birdman it felt some way. that Wayne had replaced a Cash Money lyric with Rockefeller while performing on the Camp Frog stage up north, from there things stalled until July 5, when he upped the ante by filing court papers by adding Birdman and Slim to the lawsuit. from UMG and, more importantly, move it from New York. York to New Orleans specifically saying that both Slim Birdman and Universal are blocking him from accessing profits from Drake's career and apparently like the online trend of people saying "free Weezy" and people telling Birdman to pay Lil Wayne gained momentum, Birdman was on the rise, and it was over. making a strange video on Instagram where he once again claimed ownership of Lil Wayne's hit, well I'll tell you what he certainly didn't spend that 70 million dollars on a phone with a decent front camera a few months later, the baby must have been bought a head massage and calm down because in February he promised that the Carter five would retire at the end of 2018 and then in March, Wayne and Birdman returned to the club live with more PDA and sharing Instagram photos of the two of them together, although in the At the same time the explosion reported that negotiations between the two were still extremely hostile and a third man seemed to confirm this by suggesting that the lawsuit was affecting his children, his actual children who were apparently gossiping among themselves about the situation, we have to fix it. this because it is affecting our child, but guess what everyone is talking about, yes, of course, dr.

Mike, why didn't he take care of us and me? He talked to my children, the old man, and took care of it. G., and simply called it a day, dressed up and in a workshop turn that took everyone by surprise. Birdman kept his word and fixed it because on June 7, 2018, Birdman and Wayne finally reached a mutual agreement which unfortunately was covered by an NDA, so we will never know all the details and although the figure of ten million dollars appears to have been thrown here and there, this has not been confirmed and several people close to Lil Wayne have suggested it is false.

My best guess is that people probably recoveredthe $10 million figure based on what he was owed for car five, but the reality is that regardless of what he was paid, it was definitely an eight figure deal. It included back pay for what he was owed for his solo career, as well as The Young Money catalog that Universal probably paid him directly, but clearly everything that was agreed upon was good on both sides because in all of this we finally saw the real facelift of the public. the problem when Birdman apologized to Lil Wayne on stage. I feel like I am and I wanted to apologize to everyone and there's a number, keep it real, but then we go through these people that I don't know who are beautiful and romantic and all that. good stuff, but a final audience that would soon be handed over to Birdman, as it would soon turn out, but it wasn't YMCMB forever after all, on September 13, 2018 it was learned that Young Money was no longer a joint venture with Cash Money Records and that Lil Wayne was the sole owner of the label with full ownership given to little Wayne as a result of that, and so, two weeks after this, after years of delay, gallons of blood, sweat and lean and thousands of fans with broken hearts around the world.

Wayne finally released the long-awaited Carter Five album through Young Money and Republic Records with no Cash Money Records label in sight, it was okay, don't you know, kart 3, not everything can fall and, come to think of it, no I am. Being human, one was quite fire too, I used to be bold, but now I'm Bill Gate and you might remember that, okay, peace, what's a good game? You should boy, trapped or disgusting, go live from Turla for reasons that are not important, I just want to send a quick message to everyone sent. I hope everyone is safe in these scary times right now and I just hope everyone takes care of themselves, takes care of themselves, takes care of their families and takes it easy.

Wishing you all the best. I appreciate them. I just want to give a little additional announcement. I'm closing my merch store at the end of the month. It's probably the least important thing happening right now, but you have to keep at it. you have your life go on the world is still moving God do your thing so I will turn off the engine at the end of the month if anyone still wants to do something receive your orders in a triple or quiet by the end of The month I will create 12 monthly designs, After that, I'll be super excited about it and of course, as always, I want to give a big shout out to my Patreon gang who I knew as clairaudient vs. otaku.

Noah Carter. Jaden Chow Candy. Cantrell Jason fall pyromancer Griffin fuller Sean Anderson Antonio shopkeeper Javier González James C vivvy DJ Fred 100 Bachelor Prince Fabian Cruz Johanna Zimmerman Henrik Henry Brian Josh NAT him Naraku cloque galette Jessica Simmons Chris Jay Dylan Stuber Tony mass Enosburg Matthias faces Wilson psychedelic seiyya many thank you Thank you so much for your support, as well as everyone else whose names you can see on the screen, it means a lot to me now. I hope everyone is well, everyone is taking care of themselves and until next time peace.