Lil Wayne Settles Royalty Lawsuit for $1.5M

Lil Wayne has settled a lawsuit filed by producer David Kirkwood for $1.5 million, TMZ reports. Kirkwood filed the lawsuit against the rapper, Cash Money Records and Young Money Entertainment in 2011, claiming he was not paid royalties for the song "Love Me or Hate Me," which appears on Lil Wayne's 2008 blockbuster Tha Carter III.

Though Lil Wayne's lawyers initially dismissed Kirkwood's claims, Cash Money/Young Money opted to settle out of court after deliberations. Lil Wayne and Cash Money/Young Money also settled out of court when another producer, Deezle, hit them with a $20 million lawsuit claiming that he did not receive royalties for his work on the same album, including the rapper's Number One hit "Lollipop."

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