When not incarcerated T.I. has spent the last few years sharpening his business savvy. And while much of that process has revolved around building his Grand Hustle roster and venturing into television, it appears his own music career is still top priority. So much so that the 32 year old is reportedly shopping for a new $75 million record deal.
Details after the jump…
TMZ are reporting that the aspiring mogul has reached the end of his 10 album deal with current home Atlantic Records and is looking to “explore his options” – be that staying put with a blockbuster deal (as outlined below) or shopping that deal elsewhere.
The said package is said to include:
– 3 albums
– 10-20 percent of publishing, touring, merchandise, film and TV rights
– Corporate endorsement deals
– Exclusive signing of all Grand Hustle artists
Somewhat astronomical for an artist whose last album, ‘Trouble Man’, only sold 179,000 first week in the US last month, T.I.P reportedly still has interest from the likes of Dr. Dre – who asked him to join him over at Interscope. While, Jay-Z is allegedly keen to bring the King Of The South over to Roc Nation. As at writing, TMZ assert that Sony Music have put a $50 million offer on the table.
While much of this reads like a ploy from Team T.I to influence whatever negotiations are on-going, it certainly makes for compelling debate. Like, is T.I. actually worth a $75 Million deal in 2013?