The musician, who has nine successful studio albums to his credit, says he would like to explore his newfound passion for skateboarding, Ace Showbiz reported.
"It's kind of putting rap on the back burner. Rap's taken a backseat to skating. I picked up the skateboard and I thought it'd be a hobby and what happened is it's a lifestyle.
"In order to be fully committed, you have to live that lifestyle. With these young kids now, you have to be about that life."
The 29-year-old said he decided to take a break because he deserved it.
"I kinda feel like I deserve that. I feel like the fans deserve a lil' no Wayne. I've been everywhere. I've been out on everybody's song, I'm still on everybody's song, my artists are doing awesome. I believe the fans deserve some peace from me. I be on my skateboard in the meantime."