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Lil Wayne Mad At Birdman For Letting Tyga Out Of YM Contract & Blowing $70 Million
It appears that Tyga has found himself in the middle of the tug of war between Lil Wayne and Birdman. TMZ reports that Lil Wayne is less than pleased that Baby let Tyga out of his contract with Young Money Records without first consulting him.
A source close to the rapper says that Wayne feels his signature would have been necessary to let the artist out of his deal with the label, and if it were up to him, Tyga would still be signed to the label. Given that Weezy is founding partner and 49% owner at Young Money, he allegedly felt that at minimum, his signature was needed for Tyga to be dropped.
The report comes on the heels of another yesterday, which claimed that Birdman spent almost $70 million of the $100 million advance from Universal Music Group that they had agreed to share. According to Wayne, Birdman claimed he was taking the money for things like marketing expenses and royalty payments, but was never clear about where exactly it was all going. The issue is a major part of Lil Wayne’s $51 million lawsuit against Birdman and Cash Money.