News: The $75 Million T.I. Bidding War Begins
Let the bidding war begin!
Got $75 million handy? If so, you can sign T.I. to your label … the hip hop star just became the number-one free agent in rap — and despite the steep price tag he’s putting out … some deep pockets are already lining up. Sources close to T.I. tell TMZ … T.I.’s 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 (TMZ)
As of now, there is reportedly $50 Million waiting for Tip along with interest from Dr. Dre and Jay-Z on the table.
Sources close to T.I. tell TMZ … he’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. We’re told Sony’s put a $50 million deal on the table so far … and Universal’s meeting with him later this week to make an offer too. (TMZ)
Who will the King of the South sign with?