TMZ reports that Ronald Sweeney, former Lil Wayne business representative, has filed a lawsuit against the rapper for $ 20 million. According to Sweeney, he was hired in 2005 to help Wayne reclaim his contract with Cash Money Records, the subject of a notorious financial dispute between Wayne and his own label Young Money. Was.
As Sweeney points out, they are largely cut off from the final settlement between Wayne and Cash Money, which was created in May of 2018, but have not seen anywhere near the amount that she says they have Should be The suit mentions another development occurring in May of 2018: Wayne asked Sweeney to shoot the rapper’s longtime manager Cortez Bryant, which stems from a conflict of interest in another legal dispute, It is the one between Cash Money and Drake. Sweeney says that after doing so, Wayne agreed to increase him from a ten percent commission to 17 percent, but he was fired a few months later in September of that year.
The suit also mentions Wayne’s recent big move from selling his master recordings to Universal Music Group for $ 100 million. But Sweeney is not claiming that he is entitled to that money cut, only that Wayne must have plenty of cash on hand to make the deal, to pay the $ 20 million he owes.
You may recall that early last year it was reported that Wayne was suing Sweeney, accusing Sweeney of $ 20 million accusing him of overcharging for services rendered to Sweeney. Subsequently, Sweeney was described as Wayne’s “lawyer” rather than a manager. So it is clear that there are some different versions of these events that are flying around.
Lil Wayne is yet to comment publicly on the lawsuit.