Lil Wayne sues Cash Money for $51 Million | Dayz Entertainment

Lil Wayne is suing Cash Money with the hopes of ending his contract with the label, according to TMZ. The lawsuit alleges that CEO Bryan "Birdman" Williams and the company have withheld a substantial amount of money that it owes him with regard to the rapper's still-unreleased new album, Tha Carter V. Because the label has not paid him the money he claims he's owed, Wayne contends that he should be able to leave Cash Money.

In addition to severing his contract, Lil Wayne is seeking $51 million and has asked a judge to declare him the joint copyright holder of everything released on his Cash Money imprint, Young Money, including recordings by Drake and Nicki Minaj.

A spokesperson for Birdman was not immediately available for comment.

Last month, the rapper publicly spoke out against Cash Money, tweeting, "I want off this label" and calling himself a prisoner. Tha Carter V was originally due out last May, but was delayed to a December release; it did not come out and the Cash Money website still advertises it as "coming soon." Around the time of Weezy's tweets, his manager, Cortez Bryant, told TMZ that the rapper had no intention of leaving the label.

Last week, Lil Wayne put out a new mixtape, Sorry 4 the Wait 2. He preceded the released with a song, "Sh*t (Remix)," which contained the couplet: "Did my time at Cash Money, time served and released/But this agent ain't free, word, that's the word on these streets." Another track, "CoCo," found him comparing himself to Scarface. "Cash Money is an army, I'm a one-man army/And if them niggas comin' for me, I'm goin' out like Tony/Now I don't want no problems, I just want my money." The compilation is available for download via DatPiff.