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Jay-Z Renews $200m Contract Deal With Live Nation

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The American business mogul who was recently listed among Forbes’ Top 5 wealthiest musicians of the year and Live Nation have renewed their partnership with a new 10-year worldwide touring deal.

Though financial records have not been released, Billboard reports that the sealed deal is worth $200 million. Thumbs up to Jay Z!.

In 2008, Hov signed a 360-deal with Live Nation that helped him launch Roc Nation. That deal was worth $150 million and included musical albums, publishing, and more. This new deal, however, only focuses on touring, from grapevine sources.

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