Rapper Lil Wayne Reportedly Sold The Entire Young Money Catalog For $100m To Universal Music Group

Rapper Lil Wayne was selling his masters for $100 million in the news last week but new developments are coming in indicating that the rapper sold more than his masters, as it is reported that he sold Drake and Nicki Minaj masters as well.
A pending litigation confirms that the No Ceilings’ rapper’s settlement has sold Young Money’s entire catalog to Universal Music Group, according to Music Business Worldwide.

“Some statements from the lawsuit read, “Plaintiffs are told and believe… that Lil Wayne was able to sell the Young Money Masters to Universal Music Group for over $100 million following [Sweeney’s] termination [as Wayne’s manager], specifically in or around June of 2020.

When he signed them to his Young Money label, Lil Wayne took Drake and Nicki Minaj under his wings, with both artists soon launching a variety of projects under the label.

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