Drake, Young Money Celebrate Grammy Nods in a Bank Vault

Cash Money celebrated their multiple Grammy nominations in style during their official party Saturday (Feb. 12) in Los Angeles. Nicki Minaj, Lil Wayne, Drake and the rest of the Cash Money/Young Money team all hit the gold carpet for the money-themed bash. Celebrity event planner Colin Cowell transformed the location into a bank vault complete with a dance floor, dollar sign floral arrangements and pillows resembling money bags.

"We as a label, Young Money/Cash Money have had an incredible year,' Drake told The BoomBox. "It's great to be here and celebrate it." Decked out in a plum colored Alexander McQueen suit, the Toronto native -- who snagged four Grammy nods, including Best New Artist -- expressed his pride for Minaj, who is nominated with Ludacris in the Best Rap Performance category for 'My Chick Bad.' "Her being nominated for a Grammy is incredible. Its dope for her, I'm very proud. I just remember riding the bus with her, us finding ourselves and finding each other, it's a growing moment, very much like being on Degrassi, itís a moment you never forget."

The night commenced with surprise performances from Wayne, Jay Sean, DJ Khaled and Busta Rhymes.