Lil Kim Explains Nicki Minaj Beef

Lil Kim is finally explaining some of the history between she and her nemesis, Young Money rapper Nicki Minaj. According to Kim, she herself almost joined the label--even having sit-downs with labelheads Slim and Baby Williams.

"Me and Slim were friends for four years, and we decided that we were going to go into business together," Kim said. "I was over there with Cash Money -- I was getting ready to be partners with them."

Kim says she even recorded a song with Nicki and Baby--which was slated to be on Baby's album.

"They put the record out. I guess they didn't like the response -- they saw the response and they pulled the record off, pulled it back, never put it on his album, nothing," Kim said.