T.I Is Shopping For A $75 Million Record Deal

Grand Hustle Records boss and self-acclaimed King Of The South, T.I, is currently shopping around for a $75 million dollar record deal. I can hear you say- "what!!? $75 mill is too much". But you need to get the full story first. T.I dropped his first album, I'm Serious in 2001. It didn't do so well commercially, and he felt if he had a little more control over the marketing of his subsequent albums, he could make things better. When Arista Records didn't agree to his terms of partnership with them, he was dropped from the label. And in 2003, he released his second album, Trap Muzik under his own label, Grand Hustle Records. This was the result of a partnership deal with Atlantic Records. His career jumped off from there.







The 10 year deal he signed with Atlantic Records ended last month (December 2012), and T.I's now a free agent. He has gotten an offer from Jay-Z to move over to Roc Nation, but I think Tip is too big for that. Dr. Dre also tried to get him over to Interscope Records; no words on how that would go yet. But the only known official deal with a money tag right now is Sony's $50 million dollar deal for Tip...which he didn't accept.

For $75 mill, this is what Tip would bring to the table- the deal will contain 3 albums from T.I, a percentage of sales from albums of his Grand Hustle artists (Iggy Azealia, B.O.B...), 10-20% of his corporate endorsement deals, publishing, touring money, merchandising,  TV& Movie money, and licensing. Now, you see that Tip isn't being greedy after-all  Although he isn't selling like he used to, he can still go Gold (sell over 500,000 copies) with any album he releases in the future. And he has a crazy catalogue of albums...total of 8. So, he can always do national and world wide tours. For a show, Tip gets an average of 100k. He can easily gross 5 mill a year from touring alone. He can get endorsement deals into millions. He got his Reality TV show going- The Family Hustle. And the money generated from the artists under his grand hustle label...all these should make it worth investing $75 mill on T.I.