Lil Wayne Has Sold Out His Masters To Universal Music Group For $100M
Lil Wayne continue to add more financial power.
Liltunechi has earned lot of dollars this 2020, year of novel pandemic but irrespective of the onslaught the Young Money boss is still cashing for good.
While Travis Scott isn’t the only person reported with lucrative endorsements earning him $100 Million in 2020, Lil Wayne is another notable rap power who turned one of bucky rapper earning $100M just after selling his masters to Universal Music Group with such amount.
According to TMZ, the lucrative deal happened in June, but was not made public until now as part of a lawsuit from Wayne’s former manager.
Wayne’s reported $100 million deal comes after Kanye West tried to buy back his masters from Universal over the summer. However, he said his efforts were being thwarted by several contracts he signed. He tweeted out over 100 pages of legal documents, while suggesting new guidelines for recording and publishing deals.
West also announced that he would give back the 50 percent share he owns of G.O.O.D. Music artists’ masters, a move that was supported by Big Sean and Desiigner.