Friday, February 26, 2021

Birdman Accuses Lil Wayne of Scheming to Nab Bigger Share of Drake’s Cash Money Royalties

Neilson Barnard/Getty Images for BMI
Neilson Barnard/Getty Images for BMI

*Birdman and Lil Wayne may soon be at odds again after the Cash Money boss has accused the rapper of engaging in a scheme to try and nab a bigger share of Drake‘s royalties, according to The Blast.

Back in 2017, Aspire Music Group, co-founded by Lil Wayne’s manager Cortez Bryant, sued Cash Money Records and Universal Music accusing them of withholding royalties owed from Drake’s music catalogue.

Aspire claimed to have discovered Drake, and said they had a deal that entitled them to 1/3 share of the net profits from Drake’s first six albums, along with a share of the copyrights. The other 2/3 was split between Wayne’s Young Money and Cash Money.

On Friday, Birdman’s Cash Money Records counter-sued Bryant’s Aspire Music Group, claiming Bryant and Lil Wayne conspired with a lawyer named Ronald Sweeney to allegedly gain a larger share of Drake’s profits.

According to documents obtained by The Blast, Cash Money now claims, “Aspire was simply a shell company,” adding, “There was no business purpose to forming Aspire, other than to siphon profits out of the joint venture and to divert those profits to Sweeney, Bryant, and Carter/ Young Money. Aspire never conducted any business other than getting Drake signed to a record label. Aspire has never signed, nor sought to sign, a single additional artist.”

Cash Money is demanding Aspire’s lawsuit against them be dismissed and unspecified damages for fraud, aiding and abetting a breach of fiduciary duty and interference with contractual relations.

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