2017 has been good – and I mean REAL good – to Jay-Z. The producer of “The Life of Kalief Browder” recently inked a 10-year, $200 million deal with Live Nation. The deal guarantees worldwide touring where Live Nation will promote and produce Jay-Z’s tours and festivals. This means Jay-Z will be performing well into his late 50’s, so he won’t be “retiring” anytime soon.
This is the second deal that Mr. Carter has scored with Live Nation.
“Live Nation and I entered unchartered territory in 2008,” Jay Z said in a statement. “The original contract included touring, music publishing, the release of three albums and a joint venture that begat Roc Nation. The new deal is limited to touring. “For the next 10 years, we will continue redefining the live event landscape,” he continued.
Jay, now 47, is expected to announce another big tour later this year, and is well on his way to becoming the first billionaire in hip-hop.