LIL WAYNE is 22 million dollars in the hole thanks to former CASH MONEY attorney RON SWEENEY
- Thread starter KENNY DA COOKER
- Start date
Pool_Shark
Can’t move with me in this digital space
Young/Nacho\Drawz
...come on let's picture the possibility...
Wayne could never leave. He said in a feds magazine back in the day that he thought about rolling with Jay-Z but he could never actually sign with him and it would have to be with Baby's blessing. Why you think BG, and Juvie never left for good either? They can't. Even when Mannie left they was blackballin' him and he still went back too. Turk got away I'm assuming because they abandoned him while he was in the joint. Once his pops passed and no one reached out then he finally realized they really aint give a f@ck about him at all. I don't give a damn what no body say either, BG and Gangster or either brothers or father and son. I say that to say this: Gangster is a real original street Hot Boy and BG still got screwed! Even BG said he couldn't believe that they would do that to him.He definitely was about to leave before cause of that. Then baby got him on lean and weed.
But now hes sober hes finally realizing the bullshyt, isnt working as much so Baby found him a new butt buddy and Wayne bout to be sacrificed
I'm tired of people calling the victims dumb. These guys were ripped of. Evidently there is a system in place that leeches off of entertainers and there is nothing the said entertainer can do after the fact. I'm seeing the same pattern in Hip Hop as well as sports where these accountants are stealing millions of dollars from people but never go to jail and their clients can't ever seem to get it back. There is more to this than just "dumb nikkas". Probably organized crime or something. IF this story is even true. At this point idk what's real anymore.
What does Baby have to do with Wayne not paying his own taxes?
Both bg and juvie left.
Juvie has come back twice. Dont know why. He coulda ate nice off going indy and just sticking with his utp imprint. Insyead he chose to come back. Then he left signed to atlantic dropped the biggest hit of his career in slow motion. Eventually he faded out and now hes back. Funny enough both times he left he dissed the fukk outta baby and cash money only to come back. I dunno if hes lazy or what.
Bg though he left and never came back. Dropped a bunch indy albums then that one ti exectuive produced.Baby had him hooked on heroin and kept him high and dumb. Same shyt he does to wayne.
Young/Nacho\Drawz
...come on let's picture the possibility...
I don't think they could leave. Probably what happened was they let them do their thing for a while (for a fee) but at the end of the day they were still under contract. Slow Motion was Soulja Slim's song, Juvie was just featured on it and Back that Azz up is Juvie's biggest song. BG did come back he was with them up until he went to prison unless I'm mistaken.
SleezyBigSlim
Banned
You pay 33%?
You must work a commission only job paying 33%, the fact that you're complaining reveals you're not making enough to make it worth it. Time to give that used car salesman gig up
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Ghostface Trillah
God-level poster
One word. Audits.
How do you think the IRS figured out that he owes the money? If you are giving someone access to your money and not checking up on them then you're an idiot. No way to sugar coat that. I'm a educated lawyer/accountant and I get hired by some 9th grade dropout drug addict worth 20 million who spends money like its going to expire I'd probably slide myself some cash on the low too. It's no plot, dudes just don't educate themselves just like music industry contracts. Sharks in suits will have you writing a check for shyt you never heard of cause it doesn't exist.
definition
im not a cool guy anymore
if you are talking federal ... you ain't paying 33% effective rate (unless you're a pro athlete that owns nothing). The "rest of us" are not paying that to the IRS. You may need some help doing your taxes next year.
what he does, or at least did to mannie fresh is, say they had a concert as the Big Tymers....Baby tells the concert promoter the price they charge for a show, so let's say it's $50,000 a show. But Baby tells Mannie Fresh they only charge $30,000, and so they will split that in half. Baby cuts him a $15,000 check, now Mannie reports on his taxes to have made $15,000 (his cut from the "$30,000" they split). But obviously the real amount of $50,000 is the reported earnings.
The govt looks at Mannie like,
what you hiding from us?
If there's smoke there's fire.
The entire OG Cash Money roster has been tossed in the bushes, aside from Wayne. Most of them had complaints, or accusations, about how crooked Baby/CMR is.
Wayne is one of the best selling artists of the last decade....and dude seemingly constantly has financial problems. You could chalk that up to he's a dumb ass but in light of what happened in the rest of the CMR roster, what seems more likely?
That's why I was
in another thread when people were 
"CMR has been around since the 90's and still going strong!"....talent-wise it's not even the same label and everyone on there has gotten jerked for money. Don't see a reason to celebrate any of that.Fred.
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SleezyBigSlim
Banned
I bet Nikki & Drake don't get ripped off, they appeared to be on they business shyt when they came into the industry.
