I don't know what the story with Ryan Leslie and Min is, but I know he had a concert in Seoul, that GDragon, Jo Kwon and Min were all at the afterparty, and that the next day he and his crew were photographed at YG studio, possibly working, possibly just checking the place out. Also that Taeyang once put Ryan Leslie on his short list of dream collaborators, all the way back in 2009.
Dreams do come true? YG and JYP are pretty close so there's no reason he couldn't work with both labels.
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Dreams do come true? YG and JYP are pretty close so there's no reason he couldn't work with both labels.