Lil Wayne says that Birdman spent $70 million of the $100 million Cash Money received as an advance from Universal Music Group.
According to TMZ,
Lil Wayne says Universal Music Group advanced Birdman $100 million for a distribution deal, but not nearly enough of that money fell into Weezy’s pockets … according to legal docs obtained by TMZ.
He’s clearly pissed because, on paper anyway, he and Birdman are partners on Cash Money/Young Money. He claims Birdman’s admitted spending approximately $70 mil of the advance on royalties, marketing and recording expenses — but now Wayne wants to see receipts to back that up.
Translation: Time to open the books, Birdman.
Team Weezy says none of those pages included details on how the $70 mil was spent.