"Taylor is always looking at ways to grow as an artist and really wants to try something different and unexpected for the next album," said a source
This is the second time for the 46-year-old record producer to top Forbes' highest-paid hip-hopper list, with a whopping $ 60 million last year
Yams founded the hip hop collective ASAP Mob in 2007
The lawsuit claims that the 31-year-old star has not yet paid an amount of $250,000 from the total $600,000, at which his record label Young Money had bought the website, reported TMZ.
American hip hop band Black Eyed Peas are reportedly planning to come up with a new album.