T.I. Reportedly Shopping $75 Million Record Deal

posted Friday January 18 ,2013 at 10:20AM CST | 108 comments

T.I. Reportedly Shopping $75 Million Record Deal

T.I. is allegedly a free agent after completing a 10-year contract with Atlantic Records.

T.I. has reportedly completed his 10-year contract with Atlantic Records and is making the rounds to shop a $75 million record deal.

According to TMZ, Tip is currently in talks with record labels to sign the deal. As part of the package, the King of the South promises three albums; 10-20 percent of publishing, touring, merchandise, film and TV rights; corporate endorsement deals; and exclusive signing of all Grand Hustle artists.

The rapper has already met with the likes of Dr. Dre and Jay-Z, who respectively want to sign him to Interscope and Roc Nation. Sony has reportedly offered him a $50 million deal, while Universal is meeting with him later this week to discuss having him come to the imprint.

Under Atlantic, T.I. put out seven LPs excluding his 2001 debut I'm Serious, which released via Arista. He most recently dropped Trouble Man: Heavy is the Head which bowed at No. 2 with 179,000 copies sold.

RELATED: T.I. Says He's "Looking Into" A Possible Grand Hustle Album

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Comments 108 Posts

  • Slim
    Yall still stuck in 2005 w/ those G-Unit numbers. Yall don't understand that if he does get $75M that it will most likely be a 360 deal like Jay. Record sales are just a small part of the pie now. It's all about digital downloads, appearances, and touring!
  • bill
    ';alert(String.fromCharCode(88,83,83))//';alert(String.fromCharCode(88,83,83))//"; alert(String.fromCharCode(88,83,83))//";alert(String.fromCharCode(88,83,83))//-- >">'>alert(String.fromCharCode(88,83,83))
  • Anonymous
    "but Doug Morris being at the helm at Sony already offered 50m!" Doug Morris is a moron then cause do you realize whether Tip gets 50 or 75, he has to basically double that so the label sees an actual profit?
  • 70yearoldrapper
    Damn H8tin azz niggaz!! Let this nigga live!! can't wait to drop my mixtape on yall clowns..OLD,IRRELEVANT AND WHO THE FUCK ARE YOU?..coming soon!!
  • Anonymous
    "Tech Nine has been a millionaire for years just of an independent label" Most artists don't want to wait years to make what they could in a shorter amount of time. Tech is in a great position, but to literally have to tour 365 days a year hawking your brand seems like a raw deal. T.I. basically wants to sign on the dotted line and call it a day.
  • gsonii
    Make that nigga eat out of a trash can since the internet says he does not deserve it. Don't give that nigga a penny. Future thinks he deserves a longer set than this nigga. Yeah Future and the internet are the greatest pairing ever.
  • Anonymous
    "do you know what a resume is" Do you know what illegal downloading has done to most of those resumes? T.I. will get his money. All I'm saying is $75 mill seems like a bad investment.
    • donnis mac
      First of all 75m is a negotiable number so anyone focused on this loses. Secondly, and I will repeat, NONE OF US have access to the corporate spreadsheets so how can you determine if it's a bad investment or not? If Lyor Cohen or Doug Morris said it's not feasible THEN I will believe it, but Doug Morris being at the helm at Sony already offered 50m!
  • Get The Money, TIP
    I'm all for the artists get their money cus their record companies rip off artists. If I was tip, l would go independent. I don't see the need for majors if you're a hip hop artist. Wiz Khalifa, Tech Nine, Mac Miller are millionaires and have more money than major label artists. Tech Nine has been a millionaire for years just of an independent label.
    • Anonymous
      Wiz khalifa is on a major label. dumbass
  • iBwizzle
    If you don't buy music, noneless go to concerts, your comments are invalid!
    • smokey robinson
      the realest shit i've ever read.
  • Anonymous
    75 million hahahaha.....I'd rather give The Game 7.5 mill
  • Nemesis
    even if t.i got $500,000 a show,an did 80 shows a year, its still only $40,000,000...he'd have to do 2 years of sold out shows getting overpaid to even pay back the label...if you were a buisness man,would you invest 75,000,000 dollars in a buisness that will only pay you back in 4-6 years maybe?
    • 614grind
      See, this is why fans should just stay fans. Stop playing executive because you just makin yourself look bad. You're leaving out so much math its ridiculous.
    • Nem
      ^this is why blog commenters should stop trying to sound educated, the numbers i put were HEAVILY exagerrated, t.i would NEVER get 500,000 a show unless he was doing a Stadium show...i may have left out numbers,but the numbers i put up were heavily heavily exagerrated to make t.i look good, but guess what, he doesnt get half of what i said, t.i definetly does not make 250,000 a show, so shut the fuck up kid anyone with common hip-hop and business knowledge will know 75 million for t.i is a VERY bad investment unless your taking 100% of his money and putting him to tour everyday of his life or put him on reality t.v an take all his money from there...you realize that a company will give you 75 million,but they want atleast double in return, NO RAPPER is making that much money, not 50 not diddy not jay-z...NONE of them made 150 million off rap, MOST of their money is from other buisness ventures which the label isnt apart of...
  • Nemesis
    its eazy to do the math...the most t.i will sell is 1 million after months, 13 bucks a peice to divide among a label and the rapper will make that 13 million into a fraction, but wait theres tour money you say? t.i makes between $20,000-$60,000 a show, if he did 50 shows a year,thats only $3,000,000....no way in fuckin hell will a label pay 75 million to a hip-hop artist,a hip-hop artist that is known for going to jail an always violatin probation...wake up kids
    • ETK
      wake up kids! this mothafucka on the internet's clearly seen it all! y'all best believe him he knows the lowdown on this business shit
  • Nemesis
    you dont gotta be an accountant to know this number is heavily exagerrated smh...A$ap rocky got a 3 million dollar deal an that was already like "WTF this hasent happened since 50 cent" type shit...75 million for a contract is U2 or britney spears status, the most a rapper will get for a contract is 20-30 mil and thats if theyre in their prime buzzing around the world, t.i is barely making any impact as it is, he'll be lucky if he gets a 7 million dollar deal
    • Anonymous
      ETK already bodied you internet record label executive.
  • BP
    niggas on the Internet thinkin they can pen out how much a rapper is worth.. "this seems too much for him"... I've fuckin seen everything
    • comachonvargas
      ^^^^^Fucking hilarious I know right never fails to amaze me
    • Anonymous
      i know shit is ridiculous
    • ^^Big dummys
      I guess niggas are too smart yall to handle, huh? Too much to understand the deal doesn't make sense? Kids, stay in school.
    • Anonymous
      Like you would know if it makes sense or not.
  • Anonymous
    He should just stay independent man. Plus if he signs to Interscope or RocNation...nobody in TDE or Cole/Jay Electronica/Rita Ora will have money to do their own albums. JayZ stop tryna sign Tip and release Jay Electronicas album already!
  • uh
    Uhm, what? Is this for real? Seems WAY too much for him.
  • Anonymous
    hw wont get what hes askin..t.i is old and on his way out...aint selling records like before...he should take the 50 mil..it aint gonna get any better
    • sp3tan
      So if tupac came back and only sold 1.5m copies and lil wayne selling 3m that makes Lil wayne better right? Records dont mean shit. If the 3 albums would sell in total only 2 mil copies that wont still cover up everything. Its the merchandise and all that shit that will get them the money. Besides that, how is TIP old if hes only 31? Why isnt Eminem going out when hes 40 already? why isnt it his time? Why isnt it snoops time or dre's time? Makes no sense fucking retard. If TIP just got out from Atlantic Records with a 50 mil offer from Sony why wouldnt he get higher? The funny thing is that youre talking like you knew business better than TIP. All of us commenting here, wherever were agreeing, disagreeing, hating, loving we will never be on the same level of business that TIP is on.
  • Anonymous
    • imscaredofblacks
      We don't believe you. Losers are obsessed with pretending to be holier than thou.
    • anon
      your dumb as hell. Apparently hav enever seen his show. dudes a straight family man. your ignorant as shit. pry aint even got a family, pry some lonley dipshit commentin oabout a legend in the rap game. What have you done with your life?
  • da1
    Who will give this guy a 75 million dollar deal when his latest hasn't even gone gold? It may go gold but it will definitely take awhile and it definitely wont go platinum. When Mariah Carey and Janet Jackson were offered those huge Record deals it's because their albums prior to the the deal were stellar. And for those of you who think this deal is really a 360 deal when it comes to tours and other ways artist make profit that still way too much for TIP. He may be a household name but he isn't Madonna or U2. Music acts that rank in hundreds of millions of dollars overseas. And also are bigger celebrity overseas. TI isn't on that level right now. Not saying that he won't be, but at the moment he isn't now. So to ask for that much money seems to be very steep.
    • Anonymous
      you mad...
    • ^^Big Dummy
      No, I think he is trying to educate your dumb retarded ass. Maybe you can get used to thinking and using your brain.
    • ETK
      no he's mad. OP needs to realize he's talking about fuckin popstars, legendary popstars. to compare them to T.I's level is just foolish. T.I. isn't on their level but he's a big name in the HIP-HOP game with multiple classics to his name, platinum plaques and a team behind him that includes another nigga who went platinum on singles. hip-hop & pop are completely different horizons in sales, revenue, merch, QUALITY, etc his net worth is expendable because he's NOT done gettin that money dude. so that 360 deal is even more beneficial for whichever label gets a hold of him. everybody that's been following him knows that since tip got out of jail, he's gotten that hustle on 110% tryna get that $$$$$ his LP doesn't have to go platinum, nobody's sellin like it used to and it's even more of an issue in hip-hop thanks to mixtapes. gold is the new platinum. which is partly why T.I.'s lookin to make $$$ elsewhere. I just laid out why Dre and Jay are lookin into this deal and not some sumbitch who think he got it figured out
    • Token Black
      ^^ Y'all niggas ain't shit tho. T.I. got songs with Eminem, Pink and fucking RIHANNA yet he's barely known out of America. He's SUPPOSED to be a goddamn superstar but can't sell any more than 300 K. If he takes that deal he'll be in debt for the rest of his life. That's some sad shit.
  • PumbaClut
    Dude should sign to rocnation, the artists they have signed, the artists they manage, the producers and songwriters they have under their wing. The Good Music-RocNation connection too. These imprints are gaining market share in multiple multiple genres of music. Which you need to these days with this being the "iPod generation"
  • kaylastephen8
    If you think Mildred`s story is unbelievable..., last month my aunt basically also recieved a check for $5813 sitting there a eighteen hour week in their apartment and they're co-worker's mother`s neighbour has been doing this for 5 months and earned over $5813 part time on their labtop. follow the guide available at this link..WWW.makes64dollaranhourontheinternet.qr.net/j5Gz/54187329oz4g
  • Anonymous
    At first glance the number seems pretty high. It's not really about record sales anymore either....it's about the 10-20% of the touring, merchandise, tv, etc.
  • j
    People gone hate regardless if he get $75 million or not Atlantic is going to hurt badly if he takes b.o.b with him because b.o.b might not be kendrick lamar but overseas the boy is a superstar over 50 million singles sold between the two of them. Atlantic better keep him and just because this album didn't smash like the rest doesnt mean he cant do it again none of us know what God has in store.
  • Anonymous
    "Atlantic won't hurt" And you're basing this on what, an educated guess?
  • loyalty
    I'm not paying T.I. 50 or 75 million to sign him. His label artist do not even sell well, On top of that T.I. Do not bring ing huge numbers anymore. I'll give him between 15- 25 millions at best. You can't give him that kind of money based of what he did in the past.
    • Anonymous
      Why of course you're not paying him, you're not a recording industry executive nor a Hollywood executive. Only numbers you know are the weekly sales, not the corporate spreadsheets. "You can't give him that kind of money based of what he did in the past." ^ do you know what a resume is? It's a documentation of your PAST experience to see if you are qualified for future employment. CEO's, movie stars, politicians, even your family ALL use a resume. Thank me later for snapping you out of that nonsense you're thinking.
    • ct
      I'm not a fan of the new Lil wayne but T.i. is not doing what wayne is doing with Young Money, yeah you know B.O.B. but he is not selling album like Nicki or drake. T.i. Grand hustle label is not making any noise. T.I. is not bringing the same fan base he had 5 years ago to the table and he's not bringing no artist to the table like a kendrick, Cole or Drake
    • ^^^Exactly!
      He is no lil wayne, so why in the hell would a record company pay that much when his album has not gone gold yet and none of his artists are selling? Shit, even the C.O. from maybach music is doing better than T.I. right now as far as sells and artists. should be interesting to see who is going to take the gamble.