(AllHipHop News) It appeared Jas Prince had finally ended his lawsuit against YMCMB over unpaid Drake royalties. Reports began to circulate that Prince agreed to an $11 million settlement with the company. According to TMZ, the legal fight is not over.
The website reports:
Drake's pal, Jas, filed docs to dismiss his federal lawsuit in Florida against Cash Money and Aspire Music Group. Jas is seeking millions in unpaid royalties he says are owed to him for discovering Drake and bringing him to Birdman and Lil Wayne's label.
But our Prince sources tell us the real reason for the dismissal is ... Jas plans to refile the suit in New York.
Back in June, Prince spoke with Fader about his role in connecting the future platinum-selling artist with the Young Money label. Lil Wayne's YM is an imprint under Cash Money Records which is headed by Bryan "Birdman" Williams and Ronald "Slim" Williams.
"Cortez Bryant is Wayne’s manager. When we figured out that we wanted to work on the [Drake] project, Cortez flew down to Houston and sat with me and my dad [Rap-A-Lot Records founder James Prince] and we talked about how we were going to do it—50/50, with him and Wayne and me and my dad, Young Money and Young Empire," said Prince.