Drake Is Still Signed to YMCMB

Earlier this morning, there was a report by MediaTakeOut.com that stated Drake would be possibly moving to Jay-Z’s Roc Nation. Roc Nation and Cash Money/Young Money Records were reportedly working out a $50 million deal for the rights of Drake, which most likely includes his OVO brand, music and more.

XXL contacted a source close to the situation that tells us that the rumor is simply not true. It is uncharacteristic of YMCMB to drop, sell and trade an artist as renowned as Drake. Stay tuned for more details as they develop.—Eric Diep (@E_Diep)