Lil Wayne signed $150 million deal?

Last updated 05:00 03/05/2012
Lil Wayne
Reuters
MASSIVE DEAL? Cash Money records co-founder Birdman says that Lil Wayne was signed to a US$150 million deal

Relevant offers

Music

Miley: I don't want to die dumb Lorde's 'no diva' Vinyl making a comeback Palestinian rapper aims for global stage Royal meeting: Lorde meets muse Pussy Riot uncowed after jail Guest Blog: Rowland S. Howard's solo albums AC/DC singer denies split Lorde's 'wild experiences' Lorde wins Taite award for Pure Heroine

Cash Money records co-founder Birdman says that Lil Wayne was signed to "the biggest deal ever in urban music".

The 29-year-old American rapper reportedly signed a contract extension to release four more albums with Cash Money for US$150 million (NZ$184 million).

Lil Wayne has been signed to the label since he was 11-years-old.
Birdman declined to specify the amount he spent to retain Lil Wayne, but the record executive believes the rapper is well worth the fortune.

"YMCMB start and stop with Wayne; it ain't no YMCMB without Wayne," Birdman told MTV News.

"The type of situation we did never been done in urban music; it's probably the biggest deal ever in urban music. I'm blessed to even do that - whatever my son want, he can get. It's all his anyway, so it don't really matter to me."

Birdman is hoping to expand Cash Money into a billion dollar business.

"That's one of our goals, and the move we just made was a big move to that, to make sure the pioneer of it, which is Wayne," he shared.

Lil Wayne's next album entitled I Am Not a Human Being II is set for release later on this year.

Ad Feedback

- Cover Media

Special offers

Featured Promotions

Sponsored Content

Blog on the tracks

Blog on the Tracks: Simon Sweetman on music

Simon Sweetman Outside of Portishead