T.I. & Atlantic Records Part Ways, Creates His Own $75mil Deal
T.I. and his deal with Atlantic Records ran out just a month ago, and he’s already shopping himself around for a new deal. According to TMZ, T.I. has already created a deal for himself and the value? $75 million!
Sources close to T.I. tell TMZ his 10-year contract with Atlantic ran up only a month ago, but he’s already put together his own idea of a $75 million deal:
- 3 albums - 10-20 percent of publishing, touring, merchandise, film and TV rights - Corporate endorsement deals - Exclusive signing of all Grand Hustle artists
T.I.’s already met with some of the industry’s biggest names, including Dr. Dre, who asked him to join Interscope over dinner at Katana recently and Jay-Z, who wants T.I. in the RocNation family.
Sony has also put an offer of $50 mil on the table and Universal will meet with Tip later this week to make an offer.