Lil Wayne Could Lose His Young Money Records For Good!

Lil Wayne‘s label could lose the firehose that promotes stars like Drake and Nicki Minaj among many others … according to a new lawsuit.
Turns out before there was Young Money there was something called youngmoney.com — a business specializing in helping young entrepreneurs manage and make money for more than a decade.

The suit claims the company that owned the website sold it to Wayne’s Young Money label in 2011 for $600,000.  But there were strings attached … if Wayne’s Young Money didn’t make the payments on time, YM would forfeit the name youngmoney.com and it would go back to the seller.

Wayne’s company hasn’t paid the $250K balance it owes and is blatantly blowing off its obligation … according to the lawsuit.  So the seller is suing to get its domain name back…

Don Saint's avatar

About Don Saint

PR Guru / Author / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Human Rights Activist. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. For more info. Call : 08033239298.

2 Responses to “Lil Wayne Could Lose His Young Money Records For Good!”

  1. Unknown's avatar

    thats their wahala

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