Lil Wayne is insisting that his album Tha Carter V will be his last solo album. The only way he would consider doing another one is if he gets paid a minimum $25 million for it.

In a recent interview with MTV News, the rapper talked about his retirement and wanted to stress how serious he is about it.

"I personally plan on this being my final solo album, yes and it's definitely the final Carter album. It's the final Carter album. It's stopping at five,” he said.

"25 to 35 million would get me to do another solo album after this," he added. "I didn't smile when I said it.”

Although he’s talking about solo albums, he did release a compilation album with a variety of big names in the rap industry on Tuesday called Young Money: Rise of An Empire.

Young Money artists such as Drake, Nicki Minaj and Tyga are all featured on the album and it was a chance to introduce newbies like Euro, PJ Morton and Chanel West Coast.

Billboard reports Wayne’s Tha Carter V doesn’t have a formal date set to come out but last month, Wayne made an appearance at one of Drake’s shows and told the crowd it would be coming out on May 5.

image courtesy of FOX