Speaking with Hot 97 Breakfast Club yesterday, Jay-Z revealed the rumors were true but something happened that caused the deal to deteriorate.
According to Hov, he spoke to Birdman about wanting to sign Lil Wayne and days later he received a cease and desist letter from Cash Money lawyers.
“The truth is after I had a meeting with Wayne—I had a relationship with Baby, when I used to go to New Orleans I would meet up with hi,” Jay-Z said. “So, I felt it was only right to call him. I called him out of respect like ‘Yo, I was talking to Wayne. Just to let you know. Boom boom boom.’ So, after that I think we received a letter at our office for like torturous interference from a lawyer…And it all just went from there. I would rather lose that situation and do the right thing than the opposite. Cause I think I could have signed him. I could have signed him and then told him after. I did the right thing and I’m cool with that decision.”
Jay-Z also broke his silence on his beef with Lil Wayne and that line from Weezy about kidnapping his wife Beyonce.
“It was aight,” Jay-Z said. “It’s part of the sport and the competition. I didn’t take it serious. I didn’t view it as a threat. I thought it was just a flip of a line that I said…I didn’t take it as a real threat. I took it as a flip of a line.”