
It’s being reported that sometime earlier this year legendary rapper, Jay-Z, allegedly bought back the last album due to Island/Def Jam in his recording contract. The alleged sum it took to complete and close out the contract was a king’s ransom of $5 million (although this is not a confirmed amount).
It appears Jigga is ready to move on and build an empire with his new Roc Nation label over at Live Nation. So there is a great chance his eagerly awaited album “The Blueprint 3” will be his debut LP on the Roc Nation venture.
Jay has also been busy signing acts to the new ROC…key signings so far include up and coming rappers J. Cole, Mikey Factz and British Pop girl group SugaBabes. Rumors are also saying that Jay might sign State Property to the new Roc with all the original members reunited.