As Jay Z is gearing up to take over the latter half of festival season, the Brooklyn MC has signed another monumental contact.The Magna Carta Holy Grail rapper has teamed up with Live Nation to announce their new touring partnership, a 10-year deal reportedly worth $200 million, according to Variety.
“Live Nation and I entered unchartered territory in 2008,” said Hov in a statement. “Over 9 years, we have traveled the world producing historic music experiences. Michael Rapino is an industry visionary, and this renewed partnership is a testament to our longstanding relationship and the talented individuals at Live Nation. For the next 10 years, we will continue redefining the live event landscape.”
The deal involves worldwide touring under Live Nation’s producing and promotion. The 10-year deal means Jigga will be 57-years-old when he’s done touring. With rumors circulating of a new album coming soon, the 21-year-venteran doesn’t have to worry about running out of material on the road.