Hov Buys Out of His Def Jam Contract  "I can honestly say, working with Doug Morris and LA Reid has been a unique and fulfilling experience and I respect them immensely. I've been in the family for almost my entire career. Doug and I spoke directly and had one of the most unique "negotiations" ever.Doug won the toss but, we both won in the end... I thank him for allowing me to be a completely independent artist. Not every artist can say they own or are given the opportunity to own all of their music." Jay was contractualy bound to the label by one last album, presumably "Blue Print 3". Although, Jay is ready to continue and move on, he will be releasing the highly anticipated LP on Roc Nation. It is reported that it it cost the Hip-Hop mogul roughly $5 million to buy his way out of his obligations with Def Jam. CommentsLeave a Reply |  Celebrating
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