Drake Signs Universal Music Group Deal Reportedly Valued at $400 Million
Written by SOURCE on May 3, 2022
Drake has signed a new multifaceted deal with Universal Music Group that’s reportedly valued as high as $400 million.
The news was confirmed in UMG’s Q1 earnings call, as Variety reported. An official figure wasn’t revealed, but insiders have pointed to the $400 million amount, although it could be even higher. One source described the deal as “LeBron-sized.”
Complex has reached out to Drake’s representatives for comment.
This post is being updated.
