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Lil Wayne Finds Himself In BIG Business Trouble! Learn How He Could Lose Young Money HERE!

| Filed under: Legal MattersLil WayneDrakeNicki MinajAustin Mahone

lil wayne young money entertainment sued

Well, the name YoungMoney.com, that is.

Apparently when Lil Wayne picked Young Money Entertainment for his label, he had to buy the domain name from a company specializing in entrepreneurial investment advice for young professionals.

The label, which sports the likes of Nicki Minaj, Drake, and Austin Mahone, had to make timely payments to the original owner, or else it would lose the rights to the name.

Well it looks like Lil Wayne didn’t take that clause very seriously, because now the original owners are suing Young Money for the domain name after the rapper’s company refused to pay its $250,000 balance.

Lil Wayne bought the website back in 2011 for $600,000, so it seems a little odd that he would risk losing his brand over such a small payment.

Who knows, maybe Austin's less-than-stellar record sales actually caused some damage for the company. Or maybe everyone over at Young Money just needs to stop spending money on Bugattis.

[Image via WENN]

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2 comments to “Lil Wayne Finds Himself In BIG Business Trouble! Learn How He Could Lose Young Money HERE!”

  1. YMCMB says – reply to this


    YoungMoneyHQ >>>

  2. 2

    Pull up your pants, no one wants to see what brand of underwear you are wearing. TY.