Lil Wayne Thanks "Real Friend" JAY-Z for Helping to Pay Off Millions in Back Taxes
Photo Credit: Shaughn Cooper
"He helped me when I was really, really, really down."
Back in 2012, Lil Wayne was facing over $7 million in back taxes owed to the IRS. Compounded by a crippling contract with Birdman's Cash Money Records, the NOLA rap star was in dire need of an intervening force to pry him from a hole far too many entertainers fall down. But we now know whose hand pulled him out.
Posted to Instagram by Steve Stoute's UnitedMasters, a video of Wayne expressing his gratitude for a "real friend" like JAY-Z clarifies the matter. In the concert footage clip. Wayne takes the stage to thank the Roc Nation chief for his assistance in paying back the mountain of dues, as well as Swizz Beatz, who "send me every beat he make and want me to rap on every single one until I got my situation straight."
Both Wayne and Swizz prominently featured on each other's 2018 albums, Poison and Tha Carter V, respectively. The new agreement with Birdman transfers full ownership of Young Money Entertainment, a subsidiary of the label Wayne launched in 2003, to Wayne, who will finally be able to capitalize off signing stars like Drake and Nicki Minaj.
Watch Lil Wayne thank his real friends down below.
