Artists on the label during this period included the group U. In 1998, Cash Money signed a million pressing and distribution with million advance contract with Universal, entitling the label to 85% of its royalties, 50% of its publishing revenues and ownership of all masters.
Dino Delvaille, who orchestrated the deal, later told Hit Quarters: "I made certain they retained 100% ownership of their work.
Inducted to the Cash Money family while still a young teen, the MC trained under some of Southern rap's greatest spitters.
Cash Money and Universal negotiated the deal between Cash Money and Universal Músic Group's Universal Records (now Republic Records), which became an 80%-20% distribution deal.
Later, UMG acquired a portion of Cash Money Records, making it a UMG subsidiary. The signees marked what would be the second wave of Cash Money artists. and Lil Wayne formed the group the Hot Boys together with Juvenile (who had already been regionally successful before Cash Money).
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