Birdman has revealed his latest scheme for his record imprint. In what seems to be a high target to reach, Birdman has said that he is aiming to put out 100 albums every year. Speaking to MTV News, he explained the plan. “Right now, as we stand, we have [48 acts] between Young Money, Cash Money, We The Best,” he said.

The Compton native has revealed that Rick Ross is considering signing him. Game is set to complete his fifth album with Interscope Records. When Jesus Piece hits the streets in December, his contract with the label will be finished. In a recent interview with MTV RapFix Live, Game revealed that none other than the Teflon Don had considered signing him

Young Buck faces an obstacle that most rappers never want to come across during their music career. The Tennessee native and former G-Unit signee may have to sell his rap moniker as a result of his current bankruptcy case.

The Tennessean newspaper reports that the trustee administering the 30-year-old rapper’s estate plans to sell his trademarked “Young Buck” name along with other assets. Buck filed for bankruptcy in 2010, and Judge George C. Paine II recently signed an order converting the case from Chapter 11 reorganization to Chapter 7 liquidation.

“My name, Young Buck, has been with me since I was 12, 13 years old,” Buck stated. “At the end of the day, it’s ridiculous. My name wasn’t given to me by G-Unit Records. They didn’t name me Young Buck. My mother calls me Young Buck.”

The conversion of his case does little to help Young Buck, born David Darnell Brown, who was close to signing with Birdman’s Cash Money label. The deal would have helped move the ‘Straight Outta Cashville’ rhymer out of debt slowly, being able to pay back child support he owes as well as the more than $10 million he reportedly owes 50 Cent and G-Unit Records.

Buck has been locked in a bitter legal dispute with the record label since 2008, which prevents him from recording any new material.

A one-time No Limit Soldier has officially enlisted with the Cash Money army. CM labelhead Birdman announced today (December 13) the latest acquisition of the YMCMB family: fellow New Orleans legend Mystikal.

“It is an honor to get the opportunity to work with Mystikal, as we have a long history together,” Birdman said in a statement. “It has been a truly long time since I have felt like a rapper and with this signing, and partnership, Birdman and Slim have given me my life as a rapper back,” Mystikal, who has been signed to the label since last month, added in release to the press. “I am ready to go. I am going to put my red Superman drawers, cape and boots on and go! This is a huge moment for me and I am truly excited to be with Cash Money Records.”

Birdman and Mystikal aren’t wasting any time with their new allegiance. The two are putting out “Original,” Mystikal’s first single, later on this evening via Funk Master Flex’s Hot 97 radio show. According to their reps, Birdman and Mystikal have been sequestered in Miami’s Hit factory recording a gaggle of records, including “Original.” Besides The #1 Stunnna, the track features Lil Wayne. Mystikal’s Cash Money debut is due this Spring.

Ironically, prior to signing his new deal, Mystikal had been hard at work on several records that were produced by former Cash Money staple, Mannie Fresh. Just this past September, the 41-year-old MC told MTV News he was working on “rebranding” himself and creating new hits with Fresh.

“We been working,” Mystikal said of his Fresh collaborations. “Last couple of weeks, we been coming with some monsters in that studio. I still gotta give [the fans] that vintage me, because that’s what I am, but I found a way to kinda bring it up to speed and still be contemporary.”

Mystikal’s signing comes on the heels of Birdman and his brother Slim signing Busta Rhymes last month.

Rapper Lil’ Wayne has been hit with a $15,000,000 lawsuit over the hit single “BedRock.”

Done Deal Enterprises, based in Waynesboro, Georgia, filed a lawsuit against Lil Wayne, Young Money Records, and Cash Money Records, in the United States District Court, Southern district of New York, over the song.

The lawsuit, which was filed on August 1st, claims that the rapper stole their copyrighted tune “BedRock,” and incorporated it into the track of the same name, that was eventually featured on the compilation album We Are Young Money.

We Are Young Money peaked at #1 on the Billboard Rap charts upon its release in December of 2009.

The Young Money version of the tune featured guest appearances by Drake, Nicki Minaj, Lloyd, Tyga, Gudda Gudda, Jae Millz and was originally produced by Kane Beatz.

According to the lawsuit, the single has moved an estimated 3,000,000 copies, while the album has been certified Gold (500,000 sold) by the RIAA.

The rapper and his counsel have been directed to appear in court on October 12th, 2011.

Posted: Saturday – November 6, 2010

Before he was conquering the mainstream music world, Lil Wayne was engrossed in the local New Orleans hip-hop scene, and making a name for himself as a member of the then bourgeoning Cash Money army. Today, Weezy is hip-hop phenomenon, pushing units and influencing culture with his peerless swagger. Despite his outsize fame, local hip-hop stars recall that Wayne still shows love to the artists of his hometown where it all began.

Just days after Weezy’s release from prison, MTV News trekked to New Orleans and caught up with local duo Partners-N-Crime, who stayed on the hip-hop grind with Wayne and onetime battle MC, Mack Maine, now president of Young Money. The rappers recall knowing Wayne as artists on a rival hip-hop roster.

“When we was coming up in the game, Wayne was a little bit younger than us. We was on a label by the name of Big Boy Records, at the time, and he was with Cash Money Records. And really, to be honest with you, both of the labels kinda had a little rivalry thing going on” Kango Slim said. The label, which was once home to fellow New Orleans hip-hop veteran Mystikal, maintained a competitive relationship with the Cash Money camp.

“At one time, we all never did look eye-to-eye to each other ’cause it was kinda like a problem between both of the labels,” he said. “But as we grew older, things [began] to change, we began to gel with each other more and become more of a friendship.”

Mr. Meanor said that after Cash Money, which began to dominate the hip-hop charts with bass-heavy offerings from spitters like Juvenile and B.G., hit big, the drama between the labels calmed down and Wayne reached out the Partners to team up on a track.

“Once Wayne got kinda on, we did a song with Wayne called ‘We Do What We Want To,’ which was on our last album, called We Are Legends, [2009]” he said. The MC recalled the track hinted at the rock and roll vibe Wayne would champion in his later music.

“We call it rock-hop ’cause it’s a hip-hop song with a rock twist to it and Wayne did it. It was kinda right before he started doing the Rebirth and that kind of music, pretty much,” he added. “He did that song with us and the relationship been good pretty much from that point. Much love for Wayne, [we're] happy he home.”

The MCs are glad to see Wayne as free man today, but they were also amped a few years ago when Wayne looked out for his hometown homies.

“Wayne came back after he had done blew off with the Cash Money thing, reached back to us and told us, ‘If y’all had a song for me to do … I’m a do it,’ ” Kango Slim said. “He did just what he said, and from then on we’ve just been friends ever since and making things happen.”

The MCs also reflected on one of the perks of being down with Wayne: a hometown discount.

“At that time, that’s when Wayne was charging $30,000 for a feature,” Mr. Meanor added. “Big shouts out to Wayne for the love on that because he saved us 30 grand and gave us a hot feature.”

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