Lil Wayne: Private Skate Park Used as Collateral in Private Jet Dispute
Lil WaynePrivate Skate Park Used as Collateral... In Private Jet Dispute
11/23/2015 12:30 AM PT
Lil Wayne is putting one of his most prized possessions on the line in order to pay back a $2 million judgment ... his private skate park.
Wayne took out a $1.5 million loan to help pay back the $2 million he owes to a private jet company. According to the docs -- obtained by TMZ -- he's using his Miami skate park as collateral. The good news ... this means Wayne will get to hold on to the $2 million worth of art work cops seized.
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TMZ broke the story, cops descended upon his Miami Beach mansion earlier this month to seize property, including his prized paintings and record plaques.