Lil Wayne is suing his record label for some big bucks.
In a $51 million lawsuit filed in Manhattan Federal Court, Weezy says Cash Money Records has been failing to honor his contract and cheating him out of millions.
The company has failed to pay Wayne — listed in the lawsuit as Dwayne Michael Carter Jr. — the $8 million it owes him for his soon-to-be-released album “Tha Carter V.”
The suit says that under the terms of a 2012 contract extension, Cash Money is supposed to pay him $8 million up front when he starts work on a new album, and another $2 million when he delivers it.
Lil Wayne says he delivered the completed album in December — but the label has yet to pay him for even starting it.
His lawyer, Michael Kramer, told the Daily News that since Cash Money hasn’t paid the $8 million for that album, “it appears they won’t be paying Lil Wayne for the two additional albums” the contract calls for.
The “Got Money” rapper says the label has messed with him in other ways also — failing to pay for overhead and failing to file royalty reports for another artist it handles from Lil Wayne’s Young Money imprint, Drake.
“Cash Money has failed to provide a single accounting in respect of the exploitation of the Drake recordings, despite Drake being one of the bestselling recording artists in recent years,” the suit says.
The “Lollipop” rapper wants his cash, money damages and to be let out of his contract.
Weezy took to Twitter last month to vent his frustrations with Cash Money.
“I want off this label and nothing to do with these people but unfortunately it ain’t that easy,” he tweeted.
“I am a prisoner and so is my creativity.”
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