UPDATE 1/29/15: According to TMZ, Wayne is willing to stay with Cash Money if Birdman and the label agree to pay him what he's asking for, which is specifically a total of $10 million for his work on Carter V. The report states that Universal Music, which handles distribution for Cash Money is already urging Birdman and company to settle with Wayne and make the matter go away.
UPDATE 1/28/15: TMZ has obtained Wayne's lawsuit against Birdman and Cash Money, in which Wayne is asking a judge to end his contract with the label. Additionally, Wayne is suing Birdman for a total of $51 million, as well as the rights to take Drake and Nicki Minaj with him.
UPDATE 1/26/15: According to TMZ, if Lil Wayne does indeed leave Cash Money, he wants to bring the entire Young Money Entertainment roster with him, which includes Drake and Nicki Minaj. The entire roster features the likes of Gudda Gudda, Jae Millz, Mack Maine, Lil Twist, Tyga, and more, though Cash Money handles distribution for all of the artists.
Even though he dropped Sorry 4 the Wait 2 earlier this week, Lil Wayne wants Tha Carter V out as soon as possible and he's still anxiously trying to get off Cash Money, as well. TMZ is reporting that Wayne is taking Birdman to court and will sue him for $8 million in advances. Wayne claims that Birdman is violating their contract by withholding the release of Tha Carter V but, as we've reported earlier, Birdman claims he'll release the album "in due time."
CV has faced countless delays, and was supposed to drop on Oct. 28, until it was pushed back the day before. He's been associated with Cash Money Records since the early '90s, and has always maintained an extremely close relationship with Birdman over the years. His own label, Young Money Entertainment, is an imprint of Cash Money and back in April 2012, Wayne signed an additional four album deal with Cash Money, as well.