[EXCLUSIVE] Lil Wayne’s Cash Money Denies Owing Jas Prince $4 Million Over Drake
Lil Wayne’s record label is blasting Christian Milian’s ex-fiance Jas Prince, saying his claim that he is owed $4 million dollars from Drake’s royalties is nonsense and they don’t owe him any money — theJasmineBRAND.com exclusively reports.
Earlier this year, music producer Jas Prince filed a federal lawsuit against Cash Money Records.
He explained that in 2007 both he and his company Young Empire Music Group discovered Drake and signed him to Aspire Music Group. Later, Cash Money approached them and wanted to sign Drake, but to do so they had to agree to pay 22% of all Drake’s advances, net profits and other advances to Jas Prince & Aspire.
Jas says that in November 2013, he was still owed a total of $5 million dollars, confronted Cash Money about the money and they sent over $1 million to his bank. However, he claims that he never received the remaining $4 million from the label. He filed suit for the $4 million claiming Cash Money breached their contract.