Lil Wayne Re-Signs With Cash Money, BET AWARD

Cash Money Records, Lil Wayne's longtime recording home, announced today (September 15) that they have re-signed the superstar rapper to a multi-album deal.

Lil Wayne launched his career at Cash Money in his early teens and has released six albums via the label. His recent album, The Carter III, is currently this year's highest selling rap album with 2.4 million copies sold.

The label revealed that it's new deal with Lil Wayne is a mutli-million agreement but did not reveal the specific amount.

“Working with our son, Lil Wayne, throughout the many years has helped us build Cash Money into the empire it is today. Cash Money is a family and Lil' Wayne has been part of our family since day one,” said Bryan "Birdman" Williams, co-founder of Cash Money Records via a statement.

“Now the partnership between Cash Money and Lil Wayne will continue, with a multi-album pact that takes them into the future together,” he added.

Lil Wayne has already begun working on Carter IV and will be releasing the third installment of his Dedication mixtape series later this year with DJ Drama TRONG>.

In related news, BET announced its nominees for its third annual Hip Hop Awards today and Lil Wayne leads the list with 12 nominations which include 'Lyricist of the Year' and 'MVP of the Year'.

The 2008 BET Hip Hop Awards will air on October 23 at 8:00 p.m. and will be hosted by comedian/actor Katt Williams.

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