Because Lynch was difficult to get to do shit a while back. Either through laziness, lack of motivation and/or legal issues. If you remember, Tech wanted Lynch on Psycho Bitch II, but Lynch was unable to do it or whatever, so he gave the spot to Liquid Assassin. In the process of signing Lynch to the label, Trav may have went in and cleared up some of his other deals much in the same way that he did with Tech.
Mind you, Tech was talking about this before the Lynch/Strange deal came about. As for the "they got it knocked out" comment, it's in reference to completing the album/project.