According to court records obtained by The Blast, Lil Wayne recently spent $14 million to settle his tax debt. The IRS filed releases of two separate federal tax liens against Wayne.
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Back in 2017, the liens accused Wayne of failing to pay $7,341,399.07 in 2011 and $6,853,545.77 in 2012 for a grand total of $14,194,944.84.
Lil Wayne might have dipped into the settlement money he received from Birdman last year when the two settled their years-long legal battle over his record deal.
Wayne received an eight-figure payout from Universal Music Group and officially cut ties with Birdman’s record label, Cash Money Records.
Weezy originally sued Cash Money to have his record deal voided. He accused the label of owing him tens of millions of dollars, including an $8 million advance for “Tha Carter V.”
As part of the deal, Wayne was free to release the long awaited album through Universal.
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