Lil Wayne Cash Money Records Bosses Ronald "Slim" Williams and Birdman AKA Baby have finally made an announcement regarding Lil Wayne's guilty plea.

"The Cash Money family will continue to support our artist and friend Lil Wayne in his current court case," Slim and Baby said in a statement. "We have worked with Wayne since he was a teenager, and have seen him grow into one of the world's most successful hip-hop artists, with a work ethic that is second to none. Wayne has our love and commitment during this difficult time. We always have and always will stand behind him."

Until now, the Cash Money CEOs have been notably silent regarding Wayne's plea. While rappers like Jim Jones and Slim Thug and Wayne's ex Toya voiced their support via Twitter, people began to wonder why the Cash Money "family" had yet to make a statement in support of their artist.

Wayne is still due for sentencing in February, but is expected to receive at least 1 year in prison. Thankfully, he'll have plenty of time to record a gang of mixtapes and an album or two, before he goes away.

His 'No Ceilings' mixtape is set to drop on Halloween.