Drake re-signed with Universal Music Group in a deal said to be worth a whopping $400 million.UMG's chairman Sir Lucian Grainge has confirmed the God's Plan rapper inked an 'expansive, multi-faceted deal' covering 'recordings, publishing, merchandise and visual media projects' during the firm's latest earnings call.Variety reported that the deal was signed off in 2021, and a source told the publication it's 'Lebron-sized.' Money man:Drake re-signed with Universal Music Group in a deal said to be worth a whopping $400 million.
Seen in 2015The 35-year-old hip-hop star - who has sold more than 37 million albums worldwide - had previously hinted at his riches from his deal in his lyrics.
On Lemon Pepper Freestyle from 2021's 'Scary Hours 2' EP, he raps: 'Three-sixty upfront, it all comes full circle,' suggesting he landed a $360 million paycheck.And on Migos' Having Our Way, he spits: 'Billionaires talk to me different when they see my pay stub from Lucian Grainge.' Nice deal:UMG's chairman Sir Lucian Grainge has confirmed the God's Plan rapper inked an 'expansive, multi-faceted deal' covering 'recordings, publishing, merchandise and visual media projects' during the firm's latest earnings call.
Seen with Rihanna in 2016Confirmation of Drake's mega-money deal comes after The Weeknd - whose real name is Abel Tesfaye - agreed a similar deal.Grainge said of the contract with the Save Your Tears hitmaker: 'Over the past decade, we have been honoured to work so closely with Abel who has quickly become one of music's most creative and important artists, a once-in-a-generation talent.'We've developed a deep trust and respect that has enabled us to successfully execute Abel's brilliant vision.' Big time:Variety reported that the.
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