Jay Z is planning on touring until he’s at least 57 judging by a 10-year deal with Live Nation he just signed that’s worth $200 million, according to Variety.
The publication says Live Nation will handle all of Jay Z‘s touring worldwide, and continue producing and promoting Hov’s performances. The deal is reflective of one the promoter made with Madonna in 2007 for $120 million. Jigga explained in a statement why he has worked so well with the company and wanted to continue the partnership.
“Live Nation and I entered unchartered territory in 2008,” Jay Z said. “Over nine years, we have traveled the world producing historic music experiences. [Live Nation president and chief executive officer] Michael Rapino is an industry visionary, and this renewed partnership is a testament to our longstanding relationship and the talented individuals at Live Nation. For the next 10 years, we will continue redefining the live event landscape.”
While Jay Z hasn’t released an album since 2013’s Magna Carta … Holy Grail, rumor has it he is preparing a new project. He’s set to make the festival rounds this fall as well, including The Meadows and his own Made In America. Revisit “Big Pimpin'” live above.
