Lil Wayne's Young Money Facing Lawsuit, Could Lose Domain Name

BYRose Lilah37.5K Views
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Lil Wayne's Young Money could lose their domain name if they don't ante up overdue payments.

Lil Wayne's Young Money roster could be out of a website if they don't step up on missed payments, according to a new lawsuit. 

TMZ reports that the domain name youngmoney.com originally belonged to a business that helped young entrepreneurs manage and make money. The suit claims that the company sold their website name youngmoney.com to Weezy's imprint in 2011, for $600,000. However, the deal was that if Wayne's camp didn't make the payments on time, they would forfeit the domain name and it would return to the seller.

It appears just that is happening-- Wayne is behind on payments by $250,000, and shows no signs of forking over the money. Thus, the seller is suing in an effort to get back the site name.

We'll update you as the lawsuit unfolds, so far Young Money has not commented on the situation.


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Lil Wayne's Young Money Facing Lawsuit, Could Lose Domain Name
About The Author
<b>Editor-in-Chief</b> <!--BR--> Rose Lilah updates HNHH daily, while also managing the other writers on-staff and all HNHH contributors. She oversees site content in general, whether that be video, editorial or music. Not so unlike Kanye, she just wants one thing out of life: dopeness. <strong>Favorite Hip Hop Artists:</strong> Atmosphere, Eminem, Sir Michael Rocks, Jay Z, The-Dream, Curren$y, Drake, Ab-Soul, Boldy James, Outkast, Kevin Gates
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