Nipsey Hussle announced his Mailbox Money project today (December 4) via Instagram. The post reveals the cover art and says the release is slated to drop this month.

Nipsey Hussle also discussed the album with MTV today, and says that 100 hardcopies of Mailbox Money will be available to purchase for $1,000 apiece via Proud 2 Pay. Those who purchase the hardcopy version of the album will also be able to attend a listening session for his long-awaited Victory Lap album. In addition, Mailbox Money, which he calls an “album before the album,” will be available free on iTunes. Slated production credits include Hit-Boy and DJ Mustard and guest features are said to include Rich Homie Quan and Young Thug.

“It’s all original music,” Nipsey Hussle says of the project. “Being honest, these ain’t mixtapes. They’re albums. These original songs, concepts, the biggest producers, the biggest rappers in the game are a part of [it] and bringing creativity to [it]. I don’t want to devalue it by calling it a mixtape. It’s really just music — more conversations for my people.”

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The Los Angeles rapper released his Crenshaw mixtape in a similar fashion. Through Proud 2 Pay, he reportedly made $100,000 from the sales. Hussle said that Jay Z showed his support by purchasing 100 of the 1,000 copies.

The MTV clip and Instagram post is below:

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Nipsey Hussle, Music News

December 2014 #MAILBOXMONEY

A photo posted by Nipsey Hussle (@nipseyhussle) on

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RELATED:Nipsey Hussle Speaks On “Victory Lap” Release Strategy