Contact Us

Lil Wayne Sued for Failing to Pay Debt on Young Money Website

Lil Wayne
Kevin Winter, Getty Images

It’s a fight over one of the most famous names in hip-hop., a company that helps young business people properly manage their funds, is threatening to take away Lil Wayne‘s Young Money website.

In 2011, the name was sold to Wayne and company for $600,000, since the money management firm had the domain first.

However, there was one condition. Wayne had to keep making payments until the debt was settled or he would forfeit the name entirely. According to TMZ, he failed to do that and owes $250,000 to the money management company. As a result, the lawsuit was filed.

We’ll see if Wayne pays up to keep the name, which serves as a destination to promote the roster of Young Money artists.

Recommended for You

Around the Web

Best of TheBoombox

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for The Boombox quickly by connecting your Facebook account. It's just as secure and no password to remember!