It was being reported yesterday that Lil Wayne’s Tha Carter V album will be dropping very soon, possibly as a surprise. Well so much for that idea, because on Friday night, Drake announced when we can expect to hear the new album.

Performing at Sprite’s NBA All-Star concert at New Orleans' House Of Blues, Drake took the stage and revealed that Tha Carter V will be released on May 5th. Drizzy announced: “Carter V May 5th, that’s all we focused on,” before performing “HYFR” with special guest Lil Wayne himself (see below).

The news broke early Saturday morning from multiple sources who were live tweeting from the event. And according to Karen Civil, Weezy is supposedly 6/8 songs into the album already. With all that said, we can probably expect to hear a new single sooner than later from the Best Rapper Alive.

We'll keep you posted if more details and footage comes out.