*Breaking : Drake leaves Cash Money & Signs directly to Universal

Capital Steez

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According to reports, there’s a strong chance Drizzy could cut ties with Cash Money.

The smart money says that the only deal Drake is out of is his longtime pact with Cash Money, and that he already has a new arrangement in place with Uni. While nothing official has been announced, it’s likely that Drake has been given his own label with fabulous terms and amazing splits. As usual, only Drake knows when he’ll be dropping his next set, but typically contracts like the expiring one with Cash Money contain clauses concerning conflicting release date. Theoretically, a new Drake set could mitigate the success of the current project, but you never know what kinds of deals can be worked out when you’re on fire like the Canuck wonder. (HITS Daily Double)

This is via SOHH.
 

FeloniousMonk

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Universal must be paying him some good gwap to keep him. It don't matter Birdman will be still eating off his best material.
Actually its called first rights of refusal.

If Im not mistaken it was universal option to 1.Resign with Cash Money (if Drake wanted)
2. Sign to another label distributed by Universal
3.Sign directly to Universal

Its not like he can just walk away clean slate, solo artist with no label obligations..
 
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