Here’s how Lil Wayne may have paid off his IRS debt
Lil Wayne might have dipped into the settlement money he received from Birdman last year when the two settled their years-long legal battle over his record deal.
TheBlast obtained court documents filed by litigator Howard King. King that claimed all sides in the lawsuit were willing to move forward and dismiss the suit. Sources also claim that Wayne walked away with a settlement of “well over $10 million.”
As The Blast first reported, Wayne received an eight-figure payout from Universal Music Group and officially cut ties with Birdman’s record label, Cash Money Records.
Weezy originally sued Cash Money to have his record deal voided. He accused the label of owing him tens of millions of dollars, including an $8 million advance for “Tha Carter V.”
As part of the deal, Wayne was free to release the infamous album through Universal.