Lil Wayne is getting sued for a $20 million, at least, by one of his ex-managers, Ronald Sweeney. But the interesting caveat is that Lil Tunechi allegedly sold his masters to the Universal Music Group for over $100M.
According to legal documents obtained by TMZ, Sweeney has filed a $20 million lawsuit against the rapper over unpaid commission. The New Orleans artist reportedly hired Sweeney in 2005 to help him negotiate his contract with Birdman’s Cash Money. The matter was ultimately settled back in 2018 with Sweeney’s help.
However, the lawyer says he was not fully compensated for his work in the Cash Money deal.
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.
Ronald Sweeney
Weezy also asked Sweeney to fire his then-manager Cortez Bryant, before taking on the role himself. The suit claims Wayne agreed to pay him a 17 percent commission, but Bryant and rapper Mack Maine “conspired to drive a wedge between Wayne and Sweeney.”
Wayne’s camp has yet to publicly respond to the suit.
