Lil Wayne May Have To Give Up His Cash Money
As the success of his new album, The Carter II escalates, Lil Wayne (AKA Dwayne Carter) looks like he’ll have to pay out his ex-manager around $1 million over the next 2 years.
Melissa Philipian of Miami’s White Tides Entertainment in Miami, Weezy’s ex-manager, has officially filed a lawsuit for failing to pay her back commissions totaling $500,000. In addition to that she claims her contract states that 15 percent of his next two years earnings is owed to White Tides Entertainment. Weezy signed the contract for her management in June 2005. He fired her in December last year after being unsatisfied with the standard of hotel room that she booked for the southern rap star when touring before Christmas ‘05.
Since signing with White Tides management, the company had arranged deals with advertisers for product placement, various appearances on other artists albums and had booked 21 concerts for the Ca$h Money Mogul. Miami Herald interviewed Philipian’s lawyer Richard Wolfe, who recently stated in the publication that, “We’re probably looking at damages in excess of $1 Million.” He then went on to comment that, “Sometimes artists make it big, and then forget about the people who helped them get there.”
Despite managerial beef Lil Wayne’s career has been blossoming with his Reebok deal and his latest Album, “The Carter II” which is doing well in the American Billboard Charts at the present moment.
Check out His Hustler Muzik Video from The Carter II here
Check out Lil Wayne’s Deal with Reebok here
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