Jay Z Signs a 10-Year, $200 Million Touring Deal With Live Nation

Jay Z has reportedly signed a massive 10-year touring deal with Live Nation for $200 Million.

Jay Z has not released a new album since his 2013 Magna Carta Holy Grail but things have recently been suggesting he will be dropping another soon. He is scheduled to headline a couple of festivals later this year and today news of a new touring deal has surfaced.

According to Variety, Jay Z has signed a 10-year touring deal with Live Nation for $200 Million. This means Live Nation will be producing and promoting all Jay Z concerts for the next 10 years. This is a huge deal and comes a couple days after the latest “richest in hip-hop” list by Forbes was released which Hov sits at No. 2 on.

There is no official information revealed about a new Jay Z album as of now but when an announcement comes, we will let you know.