Lil Wayne Sells His Masters For More Than $100 Million

[Tunechi]

According to TMZ, Lil Wayne‘s former manager Ronald Sweeney has filed a lawsuit against the New Orleans rapper for over $20 million.

Ronald says Wayne hired him back in 2005 to help renegotiate his deal with Cash Money Records, which we know was also another lawsuit that finally got settled in 2018. However, the attorney claims he only got a few payments for his work and is now suing Weezy for the full cut.

In the suit that was filed by lawyer Ed McPherson, Ronald Sweeney also mentions he was asked by Lil Wayne to fire Cortez Bryant in 2018 over a conflict of interest in a legal dispute about who Drake was signed to. After doing so, Sweeney claims Tez and Mack Maine then conspired to cause a disagreement and anger between himself and Tunechi in which it ended with Tune firing the attorney.

The craziest part of this lawsuit is that Wayne sold his masters to Universal Music Group in June of this year for more than $100 million. Ronald Sweeney is using this to say Mr. Carter does have the money to pay him what he is owed.

Lil Wayne Sells His Masters For More Than $100 Million

 

[OfTheCross]

Eh...I was gonna say he got got, but it's a fair price.

Actually...maybe he did get got. Going forward, Wayne music might be used more in movies and commercials than Bob Dylan...it's a generational thing

 

[Deltron]

i'mma if his idiotic ass cries about not having his masters down the line.

 

[Fani Willis fan]

Eh...I was gonna say he got got, but it's a fair price.

Actually...maybe he did get got. Going forward, Wayne music might be used more in movies and commercials than Bob Dylan...it's a generational thing

Universal has made a billion over off cash money young money, no matter what he’ll never get the true evaluation

 

[Fukwatutalkinwatisaylaw]

Eh...I was gonna say he got got, but it's a fair price.

Actually...maybe he did get got. Going forward, Wayne music might be used more in movies and commercials than Bob Dylan...it's a generational thing

Nah he was short sighted on this deal..wit all his kids he coulda had them eating for a lifetime off his catalog shyt their children woulda been good..he gone blow this shyt on blow jewelry and more drugs not to mention lawsuits

 

[Kal-El]

100 million 60 after taxes
What an idiot

 

[Piff Perkins]

100m (before taxes). Athletes blow through that and go broke in a decade. Never has there been a rap artist dumber than this drug addled piece of shyt. If you own your masters and want to sell them, you can hold out for a bigger offer; that amount could easily double or triple in a few years. You can refuse to sell and cake off every movie/tv use of your shyt. Every stream/sale. For the rest of your life and your family’s lives.

This man is a fukking idiot and will be broke (again) very soon. And miss me with the “white vultures stealing from a black man” hot takes when it happens. This is 100% on him.

 

[Finesse]

Tune a funny nikka man

I respect it


Alot of his hardest shyt is on mixtapes anways

 

[getmoney310cpt]

Bob Dylan 80 and just sold his for 300 mil so 100 mil isn’t so bad for Wayne considering he is no bob Dylan

 

[bigmac]

The accountants in here

 

[newarkhiphop]

The accountants in here

coli estate planners

 

[Rev]

I’d love to see a list of all the artists who have been selling their masters/chunk of their catalog and the price in one place.

 

[Tookalossfellbackcameback]

He'll get around 60 after taxes...if he has any outstanding debt that number will get knocked down even more. This is likely the absolute last windfall of money he'll get going forward so hopefully he's in the right mindset to make sure this money lasts.

 

[Harry B]

Coli accountants coming in to audit the valuations paid by people who spend more than half of their day doing these type of valuations. With little to no details on anything at all

 

[Sad Bunny]

Eh...I was gonna say he got got, but it's a fair price.

Actually...maybe he did get got. Going forward, Wayne music might be used more in movies and commercials than Bob Dylan...it's a generational thing

He co-owned them with birdman so take that into account. He fired this lawyer in 2018 so that number is not accurate that is just a lawyers assumption.