TMZ is reporting that the Kang of the South is seeking a new record deal worth $75 Million. There are no takers at the current moment, but Tip is looking for buyers. His 10 year deal with Atlantic Records has recently expired, shortly after his new album Trouble Man debuted at number two on the charts. It’s rumored that he’s already met with Dr. Dre for Interscope and Jay-Z for Roc Nation about signing a new deal. Also, Sony has apparently offered Tip $50 Million. Here’s what Tip is looking to get out of his deal:
– 3 albums
– 10-20 percent of publishing, touring, merchandise, film and TV rights
– Corporate endorsement deals
– Exclusive signing of all Grand Hustle artists
Previous: T.I. On Chelsea Lately
Discussion about this post