This past weekend, Lil' Wayne confirmed his tweets about wanting to leave Cash Money during a performance at VICE's 20th anniversary party. More recently, he addressed his label status on Twitter after blaming Birdman for the delay of Tha Carter V.
Wayne took to social media to clear the air and as the folks at HipHopDX put it, declare his allegiance to his own label, Young Money.
"YM! That's it. Nothing else," he tweeted.
Lil' Wayne took fans by surprise when he aired out his dismay with his longtime label and mentor. He apologized for not being able to release his highly anticipated album. Tha Carter V has been delayed several times and is said to be Lil' Wayne's last solo album.
"I am a prisoner and so is my creativity Again, I am truly sorry and I don't blame ya if ya fed up with waiting 4 me & this album. But thk u," he wrote.
Young Money Entertainment was founded in 2007 as an imprint of Cash Money. Lil' Wayne served as the label's president for some time but stepped down later that year to focus on music. Rapper Mack Maine currently heads the label, a position he took on in 2009 after Wayne's manager, Cortez Bryant. Nicki Minaj and Drake both signed to YM once Maine became president.
Tyga, who has been linked to Young Money since 2008, aired out his differences with the label in October. He blamed YM for the delay of his The Golden Album: 18th Dynasty album and revealed his plan to leak the EP and ultimately leave the label.
"Gold album been done," he tweeted. "My label holding me hostage so I can't release nothing. Might just leak it for my fans then let them make $ off it."
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