Birdman Reportedly Spent $70 Million In UMG Advance Money


It was not too long ago that Lil Wayne told Skip Bayless that he would never work with Birdman again, even if the Cash Money mogul paid him. Today we know a little bit more of why that is.

Apparently, Weezy is involved in multiple lawsuits against Birdman and UMG, citing even more money that he is owed. In a landmark deal back in 1998, Birdman received $100 million dollar advance from Universal Records, $70 million of which he already spent. According to Baby, that money went to royalty payments, marketing endeavors and recordings costs. But Wayne’s lawyers don’t believe it, even though the No. 1 Stunna has provided over 20,000 pages of documents proving so.

Wayne still claims he is owed his advance money for Tha Carter V and additional royalties from Drake’s albums, considering that was released on the Young Money imprint, which he is co-owner of.

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