Lil Wayne’s attorney Howard King filed a motion with the court on Wednesday (Jan 6) to dismiss the lawsuit. The alleged complaint in question is Wayne’s $51 million lawsuit he filed in 2014 against Birdman and Cash Money over royalties owed during his time on the label.
Since filing the lawsuit, Wayne has blasted both Birdman and the label during his concerts. However, recently, the two appeared to have patched things up. Back in March, they hugged it out in Miami, and Wayne was spotted at Birdman's Before Anything album release party.
Insiders have reportedly told The Blast that Universal cut a sizable check to settle the lawsuit, which was “well over $10 million.” While the amount hasn't been disclosed, Karen Civil confirmed on Twitter that a settlement has been reached.
Lil Wayne Settlement Update: A portion of the information released today is true, a settlement has been reached, but the dollar amount being disclosed is false! Lil Wayne’s PR team will send out a statement shortly with accurate updates.
— Karen Civil (@KarenCivil) June 7, 2018As part of the alleged settlement, Lil Wayne is no longer an artist on Cash Money Records, and the oft-delayed Tha Carter V album will now be distributed through Universal Music Group.
Attorneys for Lil Wayne, Birdman, and Cash Money Records have not publically addressed the settlement.