Since their collaboration on the track 'Power,' there has been speculation that Weezy may sign for No Limits Records.
There has been ongoing speculation whether Lil Wayne will sign with Master P's No Limits Records ever since the pair dropped their collaboration track 'Power' earlier this month, only weeks after Weezy publically criticised his current label Cash Money Records over the delay of his highly-anticipated new album 'Tha Carter V.'
Lil Wayne has slammed Cash Money due to the delay of his album release
Master P has finally broke his silence on the situation during an interview on 'Sway in the Morning,' in which he was asked about the possibility of signing Wayne to his record label. "Anything is possible, but Wayne just making good music," the music mogul responded.
"I rapped on his record, he rapped on this 'Power' record, we're gonna build a relationship from there. However it goes, it's all official over here," he added.
Late last year, Wayne initially took to Twitter to explain to his fans why 'Tha Carter V' was delayed once again. "To all my fans, I want you to know that my album won't and hasn't been released bekuz [label co-founder] Baby and Cash Money Records refuse to release it," he wrote in a series of tweets last week. "This is not my fault. I am truly and deeply sorry to all my fans but most of all to myself and my family for putting us in this situation."
"I want off this label and nothing to do with these people but unfortunately it ain't that easy," he continued. "I am a prisoner and so is my creativity. Again, I am truly sorry and I don't blame ya if ya fed up with waiting for me and this album. But thank you."
However, as the Grammy-winner resigned with the record label in April 2012 for four more studio albums, he is still contractually obliged to release another three until he is free. Under this current deal, he has only released 2012's 'I Am Not A Human Being II.'