During a live performance at the KMEL Summer Jam in Oakland on Sunday, rapper Lil Wayne announced that he just signed a deal with his idol Jay Z.
The announcement was mysterious enough to spark rumors involving the two Grammy-winning performers. Hours later, people began speculating that Jay Z’s Roc Nation label has signed Lil Wayne, who in turn has problems with Cash Money Records.
It should be noted that Lil Wayne sued his label for the amount of $51 million this year. He also points to the company as the reason for the delay of his album, Tha Carter V.
To all my fans, I want u to know that my album won't and hasn't been released bekuz Baby & Cash Money Rec. refuse to release it.
— Lil Wayne WEEZY F (@LilTunechi) December 4, 2014
His manager Cortez Bryant, however, clarified the rumors.
“The Internet and blogs took his words out of context,” Bryant told Billboard.
“When Wayne was speaking about the partnership with Jay Z, he was speaking about his new deal as an artist owner with Tidal.”
Lil Wayne is known as co-owner of Tidal, Jay Z’s Spotify competitor, where he has already released his song “Glory” early this June.