Lil Wayne will be appearing on the cover of the October/November issue of Vibe Magazine, and in the feature story, he addresses his rumored rivalry with Young Money artist Drake, claiming it would be "impossible" to compete with his own artist, or anyone else, for that matter.

"There's no competition [with any artists]. Music isn't about competition no more," Wayne told Vibe. "All the gangster rappers are happy, all the skateboard rappers are happy, all the white rappers are happy ... Everybody just happy to do music these days. There are no problems. That s--- died a long time ago with them old-ass rappers. We are just making music, making money and having fun feeding our families. Competition is for the old guys."

When asked whether he views his protégé Drake as a potential threat, Weezy once again brushed their supposed contention under the rug, explaining, "I'm the guy's boss."

"I don't look at it like that [as competition]," the Young Money leader said. "Drake is my artist. If he wasn't my artist, then yeah maybe. But that's my artist. He's not [just] a friend. We're more than friends. It's business. It would be impossible for it to be a competition. I mean, I'm the guy's boss. "

Wayne also addressed his recent Jay-Z diss, 'It's Good,' reiterating his assurance that the 'H.A.M.' rapper would not respond.

"I know for a fact, music is about perception. You can't do anything but perceive what you hear. If I know that for a fact, I can never be upset about someone's reaction to it. I'm not gonna say I don't know what will happen before I say it [on record]. I do know what will happen. I am aware of it," Wayne said. "Every man should know the repercussions and consequences behind whatever they do before they do it. And of course, I know there won't be any repercussions behind what I did."

Check out the full Vibe cover story when the issue hits newsstands.