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Cash Money Records co-founder Ronald “Slim” Williams has released a statement congratulating Lil Wayne on his earning eight Grammy Award nominations last night (December 3).

In the statement, Williams expressed his pride in Wayne’s latest career accomplishment and took time to note that his accolades are well deserved.

“The success of Tha Carter III was the result of Wayne’s tireless work ethic and incredible creative ability,” Ronald “Slim” Williams told AllHipHop.com. “On behalf of his New Orleans hometown, my brother Baby and I are honored to salute him as the artist with the most nominations at this year’s Grammy Awards.”

Williams and his brother Bryan “Baby” Williams took Wayne under their wing at the tender age of eleven, helping to mold his aspirations as an artist, which started in the drama club at Eleanor McMain Secondary School in New Orleans.

By the time Wayne was a teenager, he was a member of Cash Money’s ground breaking group the Hot Boys, and well on his way to pushing the boundaries in Hip-Hop.

Tha Carter III, which is up for the coveted Album of the Year award, remains the best selling album of 2008 to date, moving over a million units during its first week upon its release in June.

“We’ve worked with Lil Wayne since he was a teenager, signing him as part of the Hot Boys with Juvenile, B.G. and Turk,” Slim added. “We have had the pleasure to see him grow and mature, both artistically and personally, into a multi-platinum superstar, but even more importantly, a loyal member of the Cash Money family, using our label as his base of operations.”

Wayne is currently gearing up for the I Am Music Tour which kicks off in Miami on December 14.

He will be joined on the tour by the Gym Class Heroes, Keri Hilson, Keyshia Cole and T-Pain.

Lil Wayne is also rumored to be putting the finishing touches on a sequel to Tha Carter III, which will reportedly feature a Hot Boys reunion track.