It’s safe to say that daddy Birdman was not the only one that tried to pull a stick up kid move on Lil Wayne, his ex-lawyer has been doing it for years too! And according to reports it was for more than a decade and in the amount of more than $20 million!!!!
Weezy now wants all his chedda back in full….
The lawsuit is against entertainment attorney Ronald Sweeney (pictured 2nd from the left), who represented Wayne from 2005 through Sept. 2018, bnow being sued by New Orleans rapper for charging some pretty high fees.
Docs obtained by TMZ, Wayne state that Sweeney charged him 10 percent for every deal he helped close. Here’s the issue … Wayne claims Sweeney did not disclose to him that the industry standard is only half of that at 5 percent.
This misinformation cost Wayne a major bag, a whopping $20 million to be exact!!
According to the docs, Sweeney got pretty greedy … proposing he get an additional 10 percent of all profits from Wayne’s label, Young Money — but Wayne says that was swiftly shot down.
Still, he says Sweeney even brought in outside help. In the suit, he says Sweeney hired another law firm to aid in the litigation with Cash Moneyover the ‘Carter V’ deal.
Wayne says that firm got 23 percent of the Cash Money settlement and 15 percent of the Universal Music Group settlement. Those numbers clearly stick in Wayne’s craw because he says all that was on top of Sweeney’s inflated 10 percent.
They better stop playing with Wayne’s money!!!!