Lil Wayne reaches settlement in lawsuit against Birdman, Cash Money Records

Lil Wayne is putting his legal troubles behind him, because he has reportedly reached a settlement in his lawsuit against Cash Money Records.

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The rapper's attorney filed a notice May 23 that announced "all sides" had agreed to dismiss the suit, according to The Blast.

Although a monetary settlement amount was not disclosed, the report did reveal that Lil Wayne, born Dwayne Michael Carter, is no longer a part of Cash Money. As a result, his highly anticipated “Tha Carter V” album could finally be released.

In 2015, Wayne filed a lawsuit against Bryan “Birdman” Williams, CEO of Cash Money. He alleged that the label violated his contract terms after delaying the release of “Tha Carter V” several times.

He also filed a $40 million suit against Universal Music Group, Inc. in March 2016, claiming that the company withheld profits he earned from his proteges, including Drake and Nicki Minaj. That case was also settled.

Although Wayne has yet to release a statement about the dropped suits, his legal feud with Birdman often played out in public. He sometimes criticized Cash Money during onstage performances, and Birdman also addressed the controversy in several interviews.

As news of the settlements spread online, several fans took to social media to express their opinions. Many were excited about the long-awaited release of “Tha Carter V,” which initially was supposed to drop four years ago.

Others were glad the legal battle had finally come to an end.

Even a few celebrities and influencers, including his daughter Reginae Carter, chimed in with their thoughts.