by Angela Nazworth | May 2, 2012 11:43 am
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.
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