Looks like the head honcho of the highly successful Young Money Records enterprise is under fire. Lil Wayne is getting sued and could possibly lose the entire YMCMB empire that he built that is comprised of Nicki Minaj, Drake and others. Before there was Young Money, there was a website called youngmoney.com that helped young entrepreneurs manage their finances and bring in more income. The lawsuit states that the website sold it to Lil Wayne’s label back in 2011 for a total of $600K. However, the deal was that if they were late on their payments, the domain name would go right back to the original owner. Wayne hasn’t paid his balance of $250K and the name is about to go RIGHT back to the seller. Yikes!

Jazlana