Complex sentence: For the 50th Grammy Awards, Way was nominated for Best Rap Song with "Crank That (Soulja Boy)", but lost to Kanye West and T-Pain's "Good Life".
Split into simpler sentences: For the 50th Grammy Awards, Way was nominated for a Grammy Award for Best Rap Song with "Crank That (Soulja Boy)". But lost to Kanye West and T-Pain's "Good Life".