(AllHipHop News) Yesterday, news broke that Lil Wayne finally settled his years-long legal fight with Cash Money Records over unpaid royalties. Originally, a $10 million number was circulating online, but Young Money affiliate Karen Civil downplayed the agreement between the veteran rap star and Universal Music Group was for that amount.
"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," tweeted Civil before deleting the message.
A lawyer for Wayne has also given a public statement. Billboard reports:
Lil Wayne's attorney Ron Sweeney of Sweeney, Johnson & Sweeney LLC has confirmed the rapper reached a settlement with Cash Money Records, issuing the following statement: "Per our settlement agreement, the matter has been amicably resolved to the satisfaction of all parties. In terms of the particulars, we’re prohibited legally from saying anything further. I can say that my client is happy. He is his own man, a man that owns his assets, his music and himself. At some point, Wayne will let his fans know what’s going to happen next."