Lil Wayne Being Sued, May Lead To Big Loss

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Lil Wayne's Young Money label which features artist such as Nicki Minaj and Drake could be in trouble after, and original domain predating the Young Money label, hit Wayne with a lawsuit. reports that the company sold the domain for their website to Lil Wayne under particular stipulations stating that if Wayne's YM didn't not make the payments on time, would be forfeited back to the owner.

The TMZ report also stated that Wayne still owes $250,000 to the company that started out as a website to help young entrepreneurs make and manage money long before the YM we know today.

Looks like YM may be need to pay up or lose a promotional domain.

Photo courtesy of Michael Williams.