Rumor: Lil Wayne Signed $150M Deal

Cash Money CEO says it might be biggest ever in urban music

   

If grapevine news rings true, the biggest deal ever made in the urban music genre might just have been sealed.

Dwayne Michael Carter — better known as rapper Lil Wayne … and Weezy … and Tunechi — recently told MTV that he has signed a new deal with Cash Money Records.

Although he didn’t disclose the dollar amount of the transaction, it’s rumored that Cash Money’s CEO Bryan Williams, a.k.a. “Birdman,” drummed up a whopping $150 million to keep the rapper.

Tunechi was just a tween when he signed his first deal with Cash Money more than 15 years ago. Today, Birdman — who refers to  Lil Wayne as his son — says the company would be nothing without its top star.

“It’s probably the biggest deal ever in urban music,” Birdman told MTV. “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.”

The reported $150 million is for a four-record deal.


Article printed from InvestorPlace Media, http://investorplace.com/2012/05/rumor-lil-wayne-signed-150m-deal/.

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