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4 April, 2011@12:25 am

Two separate reports surfaced this weekend, outlining the financial issues of Lil’ Wayne. First, he is being sued by the producer of “Lollipop”, “Let The Beat Build”, and “Mrs. Officer”, Darius “Deezle” Harrison. Harrison has filed a lawsuit against Young Money Entertainment for a sum of $20 million, over past due royalty payments. Harrison’s lawyer, Rasheed “Ralo” Wonder suggests that he won’t stop after the Wayne suit is settled, saying, “All you labels and music companies that owe royalties watch out because there’s a monster mixed with a tango bobcat on the loose!”

Speaking of Tango Bobcats, Wayne is also reportedly facing a $5.6 million in taxes against his Miami mansion, after apparently not filing for revenues in 2008 and 2009. The home is rumored to be up for sale for $12.9 milli.

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6 Responses to "Understatement: Lil Wayne Has Financial Problems."
  • Parisiano says:

    I thought after jail he was gonna get his shit together?

  • Dayz says:

    This guy is stupid, I mean he has very little inteligence and neither does the rest of the baffoons he has around him. Birdman might make a lot of money but he is an ignorant fool. I hope their whole empire crumbles and they fade in to obsucity… Wayne is one of the worst things to ever happen to this music…

  • Parisiano says:

    @ Days
    wow.. really
    i don’t know just cuz u dun like his sound u can’t doubt his intelligence
    his work ethic and musical mentality has really changed the game.. his will to work with any artist and any music genre really exploded his popularity (pretty intelligent move).. ya sure he was on a lotta drugs and im sure he’s made his share of mistakes but he’s def not the worst thing to ever happen to music
    haters gonna hate

  • McNulty says:

    DOES EVERY RAPPER NOT FILE TAXES?? Jesus Christ rappers, you are CELEBRITIES, do you think the IRS doesn’t know who you are!? Unbelievable. How could they not hire an accountant or tax attorney, the shit is just stupid, not even filing Taxes, who do you think you are, GE?

  • ItsYaBoyEd says:

    Wow all these dudes make so much money but how come none of them get an accountant to handle their ish! Soon Young Money will have no money lol

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