Rapper Lil Wayne has had it with his record label. He's suing Cash Money Records for $51 million after claiming that it stiffed him for $8 million on a record he delivered last month.
In the federal lawsuit filed Wednesday, the Grammy Award-winning performer asked a Manhattan judge to nullify contracts he has held with the company since November 1998.
The lawsuit said the problems worsened since 2012 as Cash Money failed to pay Lil Wayne a 49 percent share of net income derived from the sale of solo recordings by rapper Drake for Lil Wayne's partial ownership of the Young Money label, despite Drake's rise as one of the best-selling recording artists in recent years. Nicki Minaj is also signed to the label.
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