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The release of Juvenile's 1998 album 400 Degreez, which was certified 4X Platinum by the RIAA, solidified Cash Money as a powerful label in the national hip-hop scene.Later albums in 1999 such as the Hot Boys' Guerrilla Warfare, B.According to documents filed by Lil Wayne, Birdman and Cash Money have mismanaged Young Money, including Drake and Minaj.
Wendy Day negotiated the deal between Cash Money and Universal Músic Group's Universal Records (now Republic Records), which became an 80%-20% distribution deal.
On October 15, 2008 at the MOBO Awards, British R&B singer Jay Sean announced that he had signed with Cash Money Records.
In 2009, they took part in a major label bidding war for Queens native rapper Nicki Minaj.
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).
For its first few years (1991–1994), Cash Money played host to a number of local releases by artists, selling only one album, without ever releasing a music video or having a Billboard hit. (Uptown Niggas Living Violently), Kilo G, Lil Slim, Pimp Daddy, and Px Mx Wx. Cash Money Records’ opening salvo was the release of Kilo G’s ‘The Sleepwalker.’ Rapper Kilo G was just 15 years old when his Cash Money debut arrived in 1992, and his album was sold out of the trunk of the Williams brothers’ car. Although they made little impact outside of the region in the beginning, they became the label's most well-known artists early on.