T.I. Is A Free Agent, Says He Will Sign Label Deal for $75M
TMZ reports that T.I.‘s lengthy contract with Atlantic Records has finally come to an end, placing him on the unrestricted free agents list. What will it take to get Clifford to sign on the dotted line? Nothing less than a cool $75 million.
Sources close to T.I. tell TMZ … T.I.’s 10-year contract with Atlantic ran up only a month ago … but he’s already put together his own idea of a $75 million deal:
- 3 albums
- 10-20 percent of publishing, touring, merchandise, film and TV rights
- Corporate endorsement deals
- Exclusive signing of all Grand Hustle artists
Sources close to T.I. tell TMZ … he’s already met with some of the industry’s biggest names … including Dr. Dre, who asked him to join Interscope over dinner at Katana recently (see picture) … and Jay-Z, who wants T.I. in the RocNation family.
T.I.‘s most recent offering and last Atlantic Records release Trouble Man: Heavy Is The Head has seen tons of commercial success and critical acclaim, but who doesn’t play well on a contract year? Besides Dr. Dre, Tip has allegedly already met with Sony (who offered him $50M) and will be chatting with Universal later this week.
More as the story develops.