Lil Wayne 'Dumps' Birdman, Leaving Cash Money For New TI Record Label Launch? 'King' Rapper Disses Young Thug, Drake & Nicki Minaj Support Weezy?

Things are definitely getting VERY heated between Lil Wayne and Birdman. The Cash Money CEO won't release the YMCMB superstar from his contract without a fight, but will that stop Weezy?

UPDATE: Drake 'Disses' Lil Wayne Amid Cash Money Drama? 

Lil Wayne Leaving Cash Money, Deletes Instagram?

#TeamWeezy Love Goes Viral On Twitter 

Lena Dunham Mocks Lil Wayne vs. Lil Jon Instagram 'Sighting' Screw-Up

According to the infamous gossip webloid MediaTakeOut.com, the Sorry 4 The Wait 2 emcee is ready to burn CM Records to the ground - and take big-name artists like Nicki Minaj, Drake, and Iggy Azalea with him!

And all with a little help from "Blurred Lines" crooner, TI...

Rumors now suggest that Weezy's finally ready to ditch Cash Money and launch his very OWN label. MTO reports that he secretly already signed a "tentative" agreement to co-manage a "super record label" with his "Dead and Gone" buddy.

No name yet, but the the label would have nothing to do with Cash Money or Grand Hustle. An alleged insider explains such a shocking move would definitely rock the hip-hop industry, especially because:

"Wayne has the rights to Drake and Nicki Minaj, and TI has the rights to Iggy Azaelia."

#TeamWeezy for the win!

And get this.

Christina Milian's "boy toy" recently indulged in an Instagram/Twitter feud with Birdman's new "No. 1" rapper, Young Thug. Check it out:

 @birdman5star we pulling up slime !!!!! VIDEO BY: @yslapparel

A video posted by Young Thug (@thuggerthugger1) on Jan 25, 2015 at 1:08pm PST

@LilTunechi: "SFTW2 party tomorrow night at da Versace mansion! Fux wit me!! U won't be sorry no u won't be sorry! Go to LIV for what?"

And TI proved his loyality that same night while parting at Miami's luxury nightclub, LIV.

Birdman's "Rich Gang" entered the club and began promoting Thug's new music with DJ Efeezy. That's when "The Family Hustle" star quietly entered VIP and began plotting his next move.

According to MTO insiders, TI approached the DJ booth, grabbed the mic, and quickly stole the crowd's attention. He then performed an impromptu version of his hit song, "If it Ain't about the Money" (which actually features Thug). Partiers went wild as he began chanting "TI's THE KING." Soon afterwards, Birdman and his posse silently left through the back. Check out some exclusive pics here.

So let's see which side takes the next big move now...

RELATED: Lil Wayne vs. Birdman Girlfriend Beef! Christina Milian 'Upstaged' By Sexy New Side Chick?