Lil Wayne reportedly signing Cristiano Ronaldo to his sports management company
The rapper is also due to release 'Tha Carter V' at some point in 2014
TMZ writes that the rapper has started the new company and the 29-year-old Portuguese athlete - who plays for Real Madrid - is set to be on his books.
This news follows an announcement from Lil Wayne that he will release two albums this year and could release seven more in 2015. The rapper is due to release 'Tha Carter V' at some point in 2014 and has already previewed new songs 'Believe Me' and 'D'usse' from the record.
However, speaking as part of his Weezy Wednesdays video diaries, the US rapper warns his fans to prepare themselves for a further eight albums worth of music he has ready to be released. "This year, not only will I be dropping Tha Carter V, but I’m dropping two albums," he said. "This year, be looking for two albums from me because I been out the game for a second."
Lil Wayne previously maintained that 'Tha Carter V' could well prove to be his final album. Speaking earlier this year, the Young Money rapper said only a very lucrative offer would lure him out of retirement.
About his retirement, Lil Wayne said: "I personally plan on this being my final solo album, yes and it's definitely the final 'Carter' album. It's the final 'Carter' album. It's stopping at five." Asked what would lure him out of solo retirement, the rapper said: "25 to 35 million (US dollars) would get me to do another solo album after this."
Lil Wayne's last album in the 'Carter' series, 'Tha Carter IV', was released in 2011 and charted at Number Eight in the Official UK Albums Chart.