Drake has signed what’s being called a “LeBron-sized” deal with Universal Music Group.
According to Variety, the expansive, multi-faceted partnership includes recordings, publishing, merchandise, and visual media projects.
The announcement was made on Tuesday. The exact terms of the deal were not disclosed, but Variety claims that it could be worth north of $400 million.
Drake remains one of UMG’s most bankable stars.
His music reportedly brings in $50 million annually for the company.