It looks like Tha Carter V has taken another step closer in the right direction. During a recent performance in Miami, Lil Wayne gave fans his latest update on the status his long awaited album. “Just to let y’all know, I had a meeting today,” says the Young Money rapper. “It wasn’t a long meeting; the meeting was about the release date of Tha Carter f****n Five!” The cheers rang unanimously before Weezy exited the stage.

At the beginning of the month, Lil Wayne received a $10 million settlement from Cash Money Records, after a four-year legal dispute stemming from the stalled release of Tunechi’s thirteenth studio album. In 2014, Mr. Carter claimed to be a prisoner of creativity via Twitter. Despite the father-son relationship between Tha Carter rapper and Bryan “Baby” Williams (a.k.a “Birdman), the case was necessary in order to move forward. Sources close to the two say that they remain cordial. According to HipHopNMore, Lil Wayne has inked a new deal directly with Cash Money’s parent label, Universal Music.

It’s still unclear if fans will receive new music from Weezy’s fifth installment in Tha Carter series. Hip-Hop has changed in the recent past and is now the dominant musical genre. Wayne helped to push Hip-Hop to where it is today with his superstardom and self proclaimed “best rapper alive” moniker during his prime years, but his influence is not the same. In order for Tha Carter V to have an impact, the music must be a current, new and improved Dwayne Carter. Otherwise, fans will become disinterested and it will get swept under the rug like of the many releases of today.

Wayne’s last album release was I Am Not a Human Being II in 2013. After five years, one can only wish to receive a classic album worth the wait.

We’ll continue monitor the progress of Tha Carter V in anticipation of its hopeful release.