Drake Signs Universal Music Group Deal Reportedly Valued at $400 Million

Drake has reportedly re-signed with Universal Music Group to a “LeBron sized deal” worth up to a staggering $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. Congrats to Drizzy!