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Jay-Z Buys His Way Out Of Def Jam

Thursday, 21 May 2009 |   Written by Jason   PDF Print E-mail Post a Comment
    Jay-Z wants out of Def Jam. The Jigga man reportedly bought out the remainder of his business contract with Def Jam Records, including his upcoming "Blueprint 3" album obligation. Although it hasn't been confirmed, Jay-Z reportedly paid around $5 million dollars to move away from the legendary rap label into his own "Roc Nation" label under Live Nation.

    In related news, recently rumors have been going around that we might soon see a Lil Wayne, Jay-Z, Young Jeezy and Drake tour. According to Drake, "God willing, if everything goes according to plan and everybody’s schedule is in place, then I will be on tour with some amazing people," Drake told MuchMusic, adding, "one of them being Jay-Z, one of them being Lil Wayne, one of them being Young Jeezy and one of them being me."
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