The Truth Behind Cash Money Vs No Limit Records Beef

Cash Money Records and No Limit Records were both two of the largest hip-hop powerhouses in New Orleans. What people don’t know is that the beef started before both camps really started blowing up.

Anybody that been a follower of deep dirty south music knows about the history or the turf rivalry that been going on between Cash Money and No Limit Records.

Lil Wayne Suing Universal Music Group

(The Wrap-Up Magazine) Lil Wayne claims that he’s owed tens of millions of dollars for discovering and nurturing artists such as Drake, Nicki Minaj and Tyga. In the latest episode of his ongoing legal drama with the recording company, Lil Wayne, or Dwayne Carter Jr., claims that Universal Music Group is paying itself instead of paying the royalties it owes him, who filed a federal lawsuit. As The Hollywood Reporter points out, Carter claims that Universal has diverted tens of millions of dollars of his profits to repay itself for the $100 million USD it advanced to Cash Money Records, Inc.

“With Universal’s knowledge of Lil Wayne’s rights to partial ownership and profits from those artists, Universal and Cash Money entered into a series of agreements which, among other things, diverted Lil Wayne’s substantial profits to repay debts of Cash Money. As a result, 100% of the profits that should have been paid to Lil Wayne as a result of his ownership of Drake, Nicki Minaj and Tyga records have been seized by Universal to repay debts that were neither incurred by nor were the obligations of Lil Wayne.”

Lil Wayne’s Young Money label, a joint venture with Universal’s Cash Money, was designed to “manufacture, distribute, promote and exploit performances of new recording artists discovered by Carter and signed to the label.” A 2003 agreement states the profits “would be divided 51% – 49% between Cash Money and Carter, and ownership of all the Young Money Label property, (e.g., master recordings, copyrights, intellectual property, good will) similarly would be owned 51% – 49% between Cash Money and Carter, respectively.”

“Ignoring Lil Wayne’s documented ownership interest in the records of these artists, Universal confiscated Wayne’s profits to repay the large Cash Money Records debt for which neither Wayne nor his Young Money Entertainment company has any responsibility,” says a representative. “Universal further deprived Wayne of millions of dollars in SoundExchange royalties owing on account of his ownership of these records. Universal should be grateful and respectful to Lil Wayne for the millions of dollars in distribution fees and profits they have earned on the artists he brought to the company, instead of seizing all of his profits on those artists in a desperate attempt to recoup the tens of millions of dollars they are owed by Cash Money Records.”

Because the agreement between Young Money and Cash Money expired June of last year, it puts upcoming albums such as Drakes Views From The 6 in the middle of the battle. Lil Wayne is currently seeking $40 million USD in damages. However, a representative from Universal Music Group says all of Lil Wayne’s claims are without merit. “It should be no surprise that we learned of the lawyer’s complaint through the news media,” he writes. “We don’t intend to dignify this with further public comment except to say that we will vigorously contest it and that the merits of our case will carry the day.

Fat Yunginn (@fatYunginn) F/ Rylo Rodriguez (@RyloRodriguez) - "No Choice"

Recently Cash Money Records released Dallas, Texas rapper Fat Yunginn's newest music featuring Rylo Rodriguez titled, "No Choice." Filmed in Rylo's hometown the video shows the two rappers interacting and flashing their jewelry as the two rap about their lack of options coming from the streets. "We linked up when he had a show at Dallas at V Live.

I think one of his managers hit me back and he knocked out his verse in like 30-45 minutes," Fat Yunginn said. "It's a song about how a nigga had to do music because I had No Choice or I'd be dead or in jail. I had No Choice but to make it happen or I could be dead or in jail. We shot some of the scenes in Atlanta and we shot some scenes in Mobile, Alabama where Rylo is from."

Birdman And Mannie Fresh Reunites

It has been over a decade since Birdman and Mannie Fresh split after a legendary run together as the executive + producer team behind Cash Money Records' rise in the rap game. But come October 7, they will have officially put their long estrangement behind them, as the duo announced a Big Tymers reunion show that will mark Fresh's return to the label.

Holding down the exclusive role as in-house producer of Cash Money since 1993, Mannie Fresh was almost solely responsible for the production work behind the Hot Boys albums that put New Orleans rap on the map. He would also compose the solo projects of members Juvenile, BG, Turk and Lil Wayne, before forming the Big Tymers tandem with the label head himself. But in 2005 a royalties dispute spelled the end of his relationship with Birdman, and the two went their separate ways.

News of the group's restoration comes on the heels of the label's deal to release a documentary titled, "The Cash Money Story: Before Anythang," through Apple Music. On Friday, September 2, tickets went on sale for fans interested in seeing the Big Tymers perform hits off of their 5 album catalog, at the New Orleans' House of Blues. The show promises to feature special guest appearances, and with such a nostalgic Cash Money Films project abound, Birdman just may make a push to bring other members of the original Cash Money camp back into the fold.

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Is Lil Wayne Retiring?

Lil Wayne's ongoing feud with Birdman and Cash Money Records for the last few years has almost stopped him from putting out music entirely. Lil Wayne's 'Carter V' album has been completed for some time, but has also been the source of his frustration with Cash Money who has yet to release the album. Along with that, Cash Money Records allegedly owes Wayne over $50 million. Lil Wayne has not held back on how he feels about the entire situation, taking to numerous outlets including concerts and clubs to yell out "F*ck Cash Money."

Now, Lil Wayne has taken to Twitter to get some thoughts off of his chest, with the main one hinting at a possible retirement from the rapper. Wayne went on to say "I am now defenseless and mentally defeated & I leave gracefully and thankful I luh my fanz but I'm dun." Wayne also went on to note that he's not "looking for sympathy, just serenity." It sounds like Wayne is looking to make peace with the whole situation. Rick Ross chimed in with a tweet of his own, responding to a fan by saying "get Birdman on the phone," in reference to Wayne leaving Cash Money. Lil Wayne later went on to assure fans that he is ok, tweeting "I'm good y'all don't trip."

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Birdman Gets Ordered To Court

Lil Wayne is doing all he can legally to find out what Birdman did with the money he claims he owes him. A judge has ordered the Cash Money Records founder to share the accounting records aka the receipts.

Wayne had previously asked to see Birdman’s financial records to find out how he burned through $70 mil they were supposed to split from a $100 million advance from Universal.
As we reported … Birdman’s lawyers say they’ve already forked over more than 20,000 pages of docs to Wayne’s legal team. But Wayne’s attorneys claim those are useless, and they want a full-on money trail.

Here’s the problem for Birdman — his peeps over at Cash Money weren’t keeping very good track of those records … for 2 whole years. Birdman’s lawyer shrugged it off this way … “It is what it is.”
That excuse didn’t fly with the judge … who gave Birdman 30 days to find those records, or get the right person who knows where they are and get ’em to Wayne.

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TWUM Talks Lil Wayne

We are ready to deliver you some of their best "Lil Wayne" moments. Check out some of the post below to see how we like to portray the rapper. Dwayne Michael Carter, Jr., known by his stage name Lil Wayne, is an American rapper from New Orleans, Louisiana. In 1991, at the age of nine, Lil Wayne joined Cash Money Records as the youngest member of the label, and half of the duo The B.G.'z.

Lil Wayne And Christina Milian Split

 Rumors has it that Lil Wayne and Christina Milian have called it quits. It apparently happened in late August, which meant TnT (Tina & Tunechi) lasted about a year...More (CLICK HERE)

MTV Cribs With Cash Money Millionaires

 When the Cash Money Millionaires say they do it big, they really mean it. Join "The Wrap-Up Magazine" with MTV cribs as they take a walk with Birdman and Lil Wayne through there crib in New Orleans...MORE (CLICK HERE)

Lil Wayne Enlisted Into Dj's List

 Lil Wayne and Wiz Khalifa has been enlisted as Americas next top Dj's. Lil Wayne and Wiz Khalifa are going into a new business — DJing — and they’re charging a lot for rank amateurs...MORE (CLICK HERE)

Karrine Steffans Talks Lil Wayne

 Karrine Steffans just released a new visual interview video on +Lil Wayne and why she will never stop sleeping with him. Karrine Steffans sat down with VladTV and spoke in-depth about her non-exclusive relationship with Lil Wayne, saying they met in 2007 and more. Watch the interview below...MORE (CLICK HERE)

Lil Wayne Talks Birdman Lawsuit

 Lil Wayne has been one of Cash Money’s flagship stars since he signed with the label at age 12, and for years he saw Williams as a father figure, frequently dubbing himself “Birdman Jr.”..MORE (CLICK HERE)

Turk Say Wayne Is Good Without Cash Money

 Turk sat down for an in-depth interview with VladTV where he shared his thoughts on Lil Wayne allegedly saying that he wanted away from YMCMB, and Birdman...MORE (CLICK HERE)

Lil Wayne’s Friend Killed By Police

 Rumors are that +YMCMB YOLO member +Lil Tunechi also known as +Lil Wayne friend has been killed by police. Keith “Magik” Atkinson, close friend of YMCMB bosses Lil Wayne and Mack Maine, was killed last week by New Orleans police, and his family and friends say the circumstances surrounding his death are questionable...MORE (CLICK HERE)

Whats Next For Wayne And His Empire

Lil Wayne just got a 10 million dollar check cut t him on behalf of a lawsuit with Birdman, he is also cut free from Cash Money Records. So What's next for the greatest rapper of all time?

Will Wayne go to Roc Nation or begin his own thing? Lil Wayne fans threw their lighters up last week when news broke that the New Orleans rap icon reportedly settled his dispute.

R&B singer and Cash Money signee Jacquees has another side to that story, though. “I just talked to Stunna the other day,” Jacquees confirmed. “He told me Wayne Cash Money. He said everything good.”

Baby even said he’d arrange for Weezy to hop on a record with the 24-year-old, too. Another Cash Money vet, and New Orleans emcee, Mack Maine, affirmed this after letting Jacquees know that Wayne “always rocked with [him].”

Bow Wow Leaves Cash Money

Another Cash Money Records member leaves Birdman side. Shad Moss better known as Bow Wow announced that he has parted ways with Cash Money records, and that he’s working with Snoop & Jermaine Dupri on his new project.

Mystikal Talks Cash Money Records

Rapper Mystikal decides to keep it real and states why he wants off Cash Money Records. Mystikal reveals that he is having creative differences with Cash Money and wants out in this visual video.

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Turk Sues Cash Money Records

Rapper Turk of The Hot Boy$ is joining his homie Lil Wayne on filing a lawsuit against Birdman‘s label for allegedly cheating him out of millions. According to the suit, obtained by TMZ, Turk claims Birdman and Cash Money have done some shady accounting and kept the info on his real earnings under wraps. Now he wants his money.

Looks like Turk and Weezy had a chat because Turk says the label broke its deal with him — and just like LW … he’s demanding a judge hand over rights to all of his music. TMZ broke the story … Lil Wayne is going in on Cash Money for $51 million. Turk wants the court to void his contract and give him at least $1.3 million in damages.

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Drake Sends Lil Wayne A Message

Lil Wayne celebrated his 34th birthday on Tuesday [September 27], and as might be expected for one of the most celebrated artists in music, he received a lot of birthday love, with everyone from his ex-wife, Toya Wright, to estranged mentor Birdman honoring him on social media. He also received a deep shout out from Young Money titan Drake, who gave the legendary New Orleans rapper credit for helping spawn his career.

“Everything I got is because of God and you,” Drake wrote via Instagram. “Happy birthday to my brother. Thanks for believing in all of us when you didn’t have to. YM we still alive Free C5.”

Fans might note that Drake closed his message by calling for the release of Tha Carter V. The world might not have to wait too much longer before Cash Money Records puts the long awaited album out, as a recent court ruling got the ball rolling in the direction of resolving Wayne and Birdman's bitter legal dispute. The Cash Money mogul was given a month to hand over a full record detailing how the $70 million Wayne was promised a share of was spent after a judge determined that the 22,000 pages of documents previously released were insufficient. While the judgement proved to be a set-back for Birdman, it didn't keep him from wishing Wayne a happy birthday, as he went about flooding his Instagram page with blessings for the man he's long referred to as his son.

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What Is Your Favorite Rap Group?

 

Every now and then, a hip-hop music group breaks through the barriers to the big screen. Run-DMC's place as the most influential rap group and undeniably one of the greatest hip-hop acts of all-time.

Fans Favorite created this thread for hip-hop lovers and viewers of the Wrap Up Magazine to engage on. "We want to know which rap group is your most favorite?"

Birdman Talks Being Homeless, Guns, Trust, Money, And More

(The Wrap-Up Magazine) Cash Money Records CEO Birdman sat down with Angie Martinez for his most personal interview to date. The two also discussed the status of his relationship with Lil Wayne which stunna says is “kosher’ at this time, his upcoming BET show, the new Cash Money Records roster, shopping his biopic, his favorite rappers at this time which includes Maino, Uncle Murda + more.

Drake Gets New Lil Wayne Tattoo

Drake is throwing his full support behind Lil Wayne and wants the world to know it. The Canadian rapper recently inked Weezy's face on his left tricep. Wayne is currently locked in a bitter legal battle with Birdman. He filed a $51 million breach-of-contract lawsuit against the Cash Money Records co-owner back in January of 2015.

The situation is an uncomfortable one for Drake, because he is signed to Wayne's Young Money Records imprint, which is a subsidiary of Cash Money. Meaning, he essentially has two bosses. Drake's new tattoo would seem to indicate whose corner he's in.

GSO Phat (@GSO_Phat) F/ Boosie Badazz (@BOOSIEOFFICIAL) - "Diddy Bop" (Video)

Cash Money Records/7 Kings Entertainment presents artist GSO Phat. GSO Phat linked up with the Baton Rouge, Louisiana legend Boosie Badazz to drop the official music video "Diddy Bop". 

AMP Wayne (@AmpwayneD) - “Pressure” (Album)

Amp Wayne, the top Arkansas artist to date, releases his highly anticipated mixtape titled “Pressure.” This project delivers a wave of high-quality sound and mixed tempo! Amp Wayne worked with some talented producers like “D Rok”(Cash Money Records and NBA Youngboy),”D Mac Too Bangin” (Kevin Gates, Rod Wave, Moneybagg Yo) on the album. Additionally, Dallas, Texas’ very own “1 Hunnit Made The Beat” and “Bleu Made The Beat.” 

Terrance "Gangsta" Williams Talks Investing $100K in Cash Money

 

Terrance ‘Gangsta’ Williams talked about the rumor that he invested $100,000 into Cash Money Records. According to Williams, he would only give Baby large sums of money to hold onto which were, in turn, being used on the budding music label. Williams said his younger brothers also tried getting him to leave the drug game in favor of music to which he declined.

Big Tymers Top 5 Best #MusicVideos

The Big Tymers (stylized as Big Tymer$) is an American rap duo active from 1994 to 2005 from New Orleans, Louisiana. Watch videos & listen free to Big Tymers: Still Fly, Get Your Roll On & more.

Big Tymers - Get Your Roll On

"Get Your Roll On" is a single by the Big Tymers, from their third studio album, I Got That Work. It placed at #24, along with their other lead single, "Number One Stunna.

Big Tymers - Still Fly
"Still Fly" is the first single from the 2002 album Hood Rich by American hip hop group Big Tymers. It reached #3 on the Hot Rap Tracks chart.

Big Tymers - #1 Stunna
"#1 Stunna" is the second official single by the Big Tymers, from their third studio album, I Got That Work.

Big Tymers, Baby - Oh Yeah!
Music video by Big Tymers, Baby (Cash Money) performing Oh Yeah!. (C) 2002 Cash Money Records Inc.

Big Tymers - Stun'n
Lyrics to "Stun'n" song by BIG TYMERS: Nigga, now since my career be on shine These haters be packin' they nine.

Lil Wayne Talks Jay-Z, Swizz Beatz and Money

 

Lil Wayne has had a pretty tough couple of years, but thankfully he's had some great friends to help him through it all — Jay-Z and Swizz Beatz.

"There's people like Jay-Z. He helped me when I was really, really, really down. Really, really, really down," Wayne said onstage in his address to the crowd. "Jay don't want me to tell nobody. That man helped me with my taxes. He's a real friend, y'all."