Words by Corey Copeland
Young Money president Lil Wayne is still waiting for the conclusion of his $51 million dollar lawsuit against Cash Money Records in addition he is waiting to fight Universal Music Group in court once the Cash Money matter is resolved. We all hope the matter is resolved soon.
One person hopes Wayne does receive the big bag. T-Pain wants $500,000 out of Wayne’s bag. He alleges that he his Nappy Boy producer, Young Frye didn’t receive their promised share of promised royalties.
T-Pain says he still awaits promised royalties for producing and being featured on the track “Got Money” from Tha Carter III. His in-house producer Young Frye awaits promised royalties for his production work on “How to Hate” from Tha Carter IV.
Released in 2008, Tha Carter III is a decorated album. The album went platinum one week after it’s release. Selling over 3 million units in the U.S.A alone, Teddy P. speculates his estimate is the right number.
Pain and Wayne have been good friends throughout the years and they even worked on a joint album, titled T-Wayne. Fans clamored for this release following the success of 2008s “Got Money” and T-Pain’s “Can’t Believe It.” The album seemed promising until it was shelved due to legal issues stemming from Cash Money.
The Young Money/Cash Money debacle stems all the way back to 2014 when Wayne alleged that his Tha Carter V was not being released and that his $8 million dollar advance from his label head and father figure, Birdman was not being paid out.
No statements have been issued from Young Money or Cash Money as of yet. With 2017 winding to a close we hope that all legal issues will be resolved and all parties can focus on giving the people good music