Reports say Lil Wayne has settledÂ his legal battle against Cash Money and Birdman. In an agreement between Wayne, Universal Records and Cash Money, Tunechi is no longer part ofÂ the labelÂ and will receive â€œwell over $10 million,â€ according to reports.
This fight between Universal and Lil Wayne is not new and includesÂ lawsuit in March of 2016, which has also now been settled,Â according to Pitchfork.Â Â At the time, Wayne filed against Universal over damages and unpaid profits for Young Money artists Tyga, Nicki Minaj and Drake.
Wayneâ€™s lawyer, Howard King, filed a notice with the court on May 23 that said everyone involved is ready to throw out the lawsuit. As part of the deal,Â Tha Carter VÂ will be released through Universal. The status of Drakeâ€™s and Nicki Minajâ€™s contracts with Cash Money seems to remain intact.