Lil Wayne stopped by DJ Drama's radio show recently, and in the video clip above he talks about the time Jay Z offered him a record deal - an offer Wayne didn't exactly appreciate.

"You know it was crazy...since we cool I can tell the story now right? That's the big homie now," starts Wayne before he and Mack Maine start cracking up.

"You know when I went out to talk to him about being at Roc-A-Fella, and mind you this was years ago. First of all, he was at the 40/40 in the daytime, and when I got up there he was talkin', it was Denzel [Washington], it was Derek Jeter...I was like, 'This is his clique?' And they up there just laughin' at jokes I just don't get. He literally sat me down next to him, and this where all that is going on at, and he sat me right here. Like 'You ain't a part of this,' you know? And he would talk to me on the side after every joke.

"That man offered me 175 [thousand dollars]," says Wayne before laughing hysterically. "I said, 'Believe that...' I was looking like...two teeth in my mouth is 175. My bottom teeth. So we laugh about that all the time."

It's well known Wayne was in talks with Jay Z to sign with Roc-A-Fella circa 2005. Weezy even spoke about it on Dedication 1.

"So the streets wanna know what's Wayne's situation. They hear a lot of rumors, speculations that I'd be going to another record company. Preferably the Roc, Def Jam, Jay Z, Sean Carter, Jigga man...no. Why? 'Cause...I was. But I was still under cizzontract with Cizzash Mizzoney. But I said I'ma just ride it out and see what I could do. So then I figured, I'ma go with the Roc and go by Jay. And Jay was trying to help me, he was really trying. He was like, 'Dude, whenever you get out of your situation, I'm here. Whatever you need, I'm here.' [I was like] believe that. All of a sudden I get a call from Universal and I couldn't even understand what they were talking about because they were talking about millions. That was words I had never heard of. I was like 'Damn! Believe that.'