If he doesn’t act quickly, Lil Wayne may have to come up with a new domain name and website for his Young Money imprint.
Back in 2011, Wayne bought the domain name www.youngmoney.com from a company that works with young business owners. The agreed upon purchase price was $600,000. Of that amount, Wayne’s Young Money still owes $250,000 to this day.
According to TMZ, there was a stipulation in the contract that stated if payments were not made on time, the company reserved the right to reclaim the domain name from Wayne’s company.
Could it be that Weezy is too busy at work on his highly anticipated Carter V album to mind such matters? Surely he has a business manager on board to take care of such things. At least, one would think.