TMZ.com: Lil Wayne Spent $600,000 To Buy The Domain YoungMoney.com & Is In Default

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According to TMZ.com, hip hop artist Lil Wayne purchased the domain name YoungMoney.com which matches the name of his record label which has signed artists like Drake and Nicki Minaj for $600,000 in 2011.

In a lawsuit filed by the company that sold the domain name, Wayne’s company hasn’t paid the $250K balance it owes.

The seller is suing to get its domain name back.

If Wayne loses YoungMoney.com they can buy the domain name BigMoney.com for only $750,000 from us.

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. BrianWick says

    Or OilMoney.com or ForgottonMoney.com from me – I will cut them a deal 🙂

  3. Steven Sikes says

    We have VoltMoney.com and BoltMoney.com (a propos in this case) Besides money, we also will take Bitcoins and/or those Season Heat Tix Lil Wayne owns. Maybe we’ll also throw in HipHop.me 🙂

  4. Ramahn says

    So lil wayne can drop a mil on a Bugatti but can’t pay a man 600k in full for a domain. Phhsst, thats messed up 🙂 If Escrow was used, this wouldn’t have even been an issue. Good luck to the seller collecting the rest of his….money.

    • Steven Sikes says

      I’ll throw in HipHop.me for Court-side seats at Heat games 🙂

      And I’ll create a top dawg app for hiphop.me or voltmoney.com for some BTC (bits)