CEO Cash Money Record BirdMan Is Selling His $14.5M Miami Mansion After Defaulting On A Loan

Birdman has decided it's time to let go of his Miami mansion. The Blast reports he's giving up his fight to keep the mega home from being taken in his $12million legal battler.


Birdman is going to sell the mansion, which used to belong to Scott Storch, according to court documents. He purchased it back in 2012 for $14.5million.

The layout of the mansion includes 9 bedrooms, 17 bathrooms, two swimming pools, a movie theater, a gym, a spa and a private dock among other amenities. Birdman has reached a deal with the company suing him to sell the home to a third party "as is" for $13.5million.

The company is suing him, EMG transfer Agent, accused Birdman of borrowing $12 million and putting the Miami home up as collateral, then defaulting on the loan. A judge found in EMG'S favor.

This is happening right after it was announced that Birdman and Lil Wayne finally settle a lawsuit with Cash Money and Universal Records. Weezy is setup to receive $10 million in that settlement, though none of the money is coming directly from Birdman.