RUMOR: Is Jay-Z Leaving Def Jam?

With Jay-Z presidential contract with Def Jam expiring at the end of December, it looks like the rapper’s future at the label is uncertain, according to one report. An article in the New York Daily News’ Rush & Molloy gossip column today claims that contract renewal negotiations between Jay-Z and the Universal Music Group have hit a wall. “He wanted big, big money that was way out of sync with the realities of today’s record business,” an anonymous source told the paper, also claiming that L.A. Reid and UMG big boss Doug Morris are said to have found Jay’s demands “excessive” in light of the time he’s been spending on tour.

“People have lost count of how many times he’s come out of retirement,” the source went on. “Everybody knows he’s not around the office much. Everybody at Universal loves him, but they can’t justify paying him the money he wants when so many people have been laid off.”

Still, a “friend” of Jay’s told the paper that “the talks will continue when he returns to New York. They still have a ways to go before a decision.”

CLICK HERE to read the NYDN’s full report.

  • lion

    Thank god!!! jay might rap good but dude sucks at running a label. Mood Muzik 3 dec 11!!!

  • realtalk

    get off jay z’s dick

  • ATL = All Trannies Live

    Who cares he’s a fake CEO anyway

  • Young Deuce aka Princinnati

    I’m not suprised at all. You can get paid for a job that you really don’t do that well. He’s a hustler but you need to be more than that to run a successful record label like Def Jam.

  • Latino Heat

    we all know jay is the shit on the mic, but the office is a different story. we know his track record there the last couple years is horrible. no rap acts have moved units. period, if they have feel free to correct me. the only ones selling are rhianna, ne-yo and kanye. we all know rhianna and ne-yo is la reid’s doing, cause he can sell the hell out of a pop act. the list of rap releases that have bricked under “the carter administration” is getting to long to list. give it up jay and stick to what you do better than anybody, put out classics. american gangster is the shit.

  • http://www.myspace.com/djtriumph383 thafuture

    jay-z knows what he’s doin if he doesn’t get the money or the benefits he lookin for he would simply go to columbia…by the way check out this great producer:DJ Triumph http://www.myspace.com/djtriumph383

  • Da Kid

    yeah, kinda saw this one coming, he wasnt really doing shit it was just a title.

  • Dirty South

    U kids need 2 hush if the album sucks it’s his fault if the ablum is good then the artist did there thing. Don’t blame Jay blame the artist 4 making a bum album. And when he’s gone who r u gonna blame?

    Kanye=success
    Nas=success
    Rhianna=success
    LL=album sucked
    Fab=success
    Jay Z=success
    Chrisette Michelle=dope ablum (customers need 2 buy)
    Redman=dope album (customers need 2 buy)
    Methodman=dope album (customers need 2 buy)
    Neyo=success
    Ghostface=dope album (customers need 2 buy)
    Freeway=dope album (customers need 2 buy)
    Beans=dope album (customers need 2 buy)
    Rick Ross=success
    Luda=success
    Jadakiss & the Lox=next up
    Bleek
    Uncle Murda
    Tru Life

    • Black

      Co-sign, If you got heat, then you don’t have to worry about marketing, GOOD MUSIC will market itself!!!!!!!!!!

      • iNfAmOuS

        Bullshit! Marketing is ALWAYS necessary! Always. What good does is a classic album if people don’t know it exists? You think Get Rich or die Trying would’ve sold 1.1 in its first week by just being good? Marketing, any kind of marketing is VITAL to the success of a business and product.

    • EReal

      How many of those people did Jay-Z sign?

      Huh?

      Kanye was ALREADY 2 Platinum Albums Deep, and he’s sold out pop as fuck now.

      Nas was already a legend, and i dont consider HHID a success for Nas, he got SONNED like alfredo in the godfather.

      Rhianna, already signed. Jay dropped what like an 8 bar on her single, WHOOPDEDOOOOO!

      Fab a success? When is 100K first week success? You breath is starting to smell like nuttsachs.

      Jay-Z success? ROFLMMFAO! He used up so much fucking money on marketing and had commercial backing and BARELY went Plat, then this year he does 450K first week? AND his shit was associated with a major film. *SMH*

      Ne-Yo BEEN successfull, writing songs for errybody, he just stepped up and stole mario’s carreer cause everyone was sick of them big ass nsotrils and his crackhead moms.

      Rick Ross didnt go platinum, he only went Gold, but i guess thats a success, but Jay aint have nothin to do with RR.

      Luda has HIS OWN LABEL and is like 7 albums deep, WTF that gotta do with Jay?

      Oh, and “Dope Album” doesnt equal $$$$$$

      Those other cats you posted at the end just started a group called “SHELVED” they gonna drop an album as soon as the Stallionaires, LMAO.

      So what does Jay ACTUALLY DO?

      I sense fanboyism.

  • q

    apple here he comes

  • hip hop t&t

    Holla at me…
    I do this for my culture
    To let ‘em know what a nigga look like…when a nigga in a roaster
    Show ‘em how to move in a room full ‘o vultures
    Industry shady it need to be taken over
    Label owners hate me I’m raisin’ the status quo up
    I’m overchargin’ niggaz for what they did to the Cold Crush
    Pay us like you owe us for all the years that you hold us
    We can talk, but money talks so talk mo’ bucks

  • hip hop t&t

    Rap mags try and use my black ass
    So advertisers can give em more cash for ads…fuckers
    I don’t know what you take me as
    or understand the intelligence that Jay-Z has
    I’m from rags to ritches nigga I ain’t dumb
    I got 99 problems but a bitch ain’t one
    Hit me

  • Banton

    Who give a fuck?….Laugh..

  • http://myspace.com/marko4aoc Marko-V

    Jay is deifinitely an inspiration however, I’m startin to wonder if he deserves to be. Fif made a good point when he said that Jay eatin up all the promo money. Still check my music out on myspace.com/marko4aoc

  • http://XXLMAG DUNFIYA

    HA HA!JAY-Z AINT GON BE THAT DUDE NO MORE….SORRY,YEAH HE WOULD HAVE THE NERVE TO ASK FOR MORE MONEY FOR SOME S@#$ HE AINT DO IN THE FIRST PLACE.THE NIG THINKS HE’S A PRE-MADONNA AND SOME LABEL IS GONNA REALLY PAY HIM RETARDED CAKE(CLASSICS OR NO CLASSICS)NOBODY CARES ABOUT JAY-Z BUT HIS STANS…CORPORATE AMERICA DON’T CARE ABOUT HIM,THEY LIKE 50 CENT BETTER,FACE IT HE F@#$ED UP BY SAYING HE WAS GOIN WITH BEYONCE TO START A LABEL….THAT DONT SOUND GOOD TO PEEPS FEEDIN YOU AND YOU SABOTAGIN THEY S@#$ AND TRYIN TO GET YOUR S@#$ OFF….WHAT A BUSINESS MAN

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  • http://xxlmag.com King Ben

    I bet Hov asked for like 100 mil., he is rich as fuck, he don’t need to be a CEO, just HOV and it will be straight.

  • Brooklyn

    Jay is a fuckin slimeball he does foul shit all the time and sorry motherfuckers without integrity make excuses for him . Look at his friend Dehaven http://www.de-haven.com , look at Dame, Look at Biggs, Look at Jaz O , Look at Kane, ty ty is afraid to say something cause he is getting feed , Do we all worship money? Get some Integrity , So what he has millions , Yeah everyone did him (Jay Z) wrong! What about Emory???? Are your sorry fucks gonna say Emory did him wrong too!

  • showtime

    Fifty called jay leaving def jam in his new Shade45 interview, bosses know bosses…oh and know what else fif accurately stated in that interview, he just sold out a show in Munich and no one knows shit about the crackhouse over there, tell that fat ass joe to shut the fuck upp

  • DTRIP

    He doesn’t give a fuck about whether or not he gets another contract with Def Jam…He don’t have to do SHIT and be rich the rest of his life…shit…he a millionaire just livin off the interest in his accounts…He tried it…I personally think he did an okay job actually…

  • http://xxLMAG JOHNNY BOY

    Jay-Z doesn’t run Def Jam u dicks….LA Reid does!!!!!!! Jay just happens to have a high ranking position but LA is the one who really
    calls the shots there. Just like Jermaine Dupri is under Doug Morris.
    Why shouldn’t he leave to get a bigger check….hell I would!!!!!

  • http://www.xxlmag.com daz_oc

    fuck jayz

  • http://koolkidkulture.blogspot.com/ Koolkidkulture

    It’s just s rumor, kiddies, and if it’s not. … who cares?

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  • http://www.xxlmag.com rev. sundey

    If jay wants his money give him his money he’s worth it plus they the workers were laid off so give him his money

  • DirtDogggy

    WhoGAFF ? (who gives a flying fuck)

  • http://www.myspace.com/citizendoe citizen doe

    From my limited perspective it seems like it’s really too bad that it’s even about money in this situation. At a time when the economy is doing poorly, the music industry is suffering, and so much else going on in the world why make a cash grab when you already got so much? I’m tired of CEOs of any kind and from all types of companies taking so much while the rest of us struggle to make it. So forget the debate about Jay’s skills as a CEO and let’s consider his character. While we watch all these celebrities and politicians flying around the globe living the life just think…their spending your money! Give back by not taking so much Jay and let’s all do the same. Peace. === iamcitizendoe.com & myspace.com/citizendoe

    • http://XXLMAG DUNFIYA

      YO THATS THE REALEST S@#$ POSTED,JAY-Z AS A PERSON IS A SNOBBISH,GREEDY,PUNK ASS NIC….IM SORRY HIP HOP IS LOVE AND THIS CAT TALKIN LIKE THEM NBA PLAYERS NOW THATS 1-10 & .32%FG?HIS FANS CLAIMS HE’S HIP HOP BUT “REAL HIP” HOP AINT MONEY DRIVEN…IF YOU SAW JAY-Z ON THE STREET HE’LL TURN HIS NOSE UP AND IGNORE YOU IF YOU AINT WHITE.JUST LOOK AT HOW HE TREATED KANYE AS A PRODUCER BEFORE HE BLEW UP,IT WAS DAME THAT GAVE KANYE A RECORD DEAL,JAY-Z IS NOT RAPPER JUST A GOOD PRODUCER?????

  • gkid12345

    He’s probably going to continue putting out albums until either he beats elvis’s score of #1′s or the beatles. Either way thats a good look for hiphop

  • Latino Heat

    i agree with dirth south on redman freeway and ghostface. all were dope but all have one thing in common no promotion for any of them. good music does not sell itself. jay-z knows this first hand, look how long reasonable doubt took to go platinum. years. and that was when albums were going platinum off of one single. i dont know how much fab sold but two big singles dont mean a successful album does it? did nas even go gold? dont know if id call his shit a success either. dont forget the roots bricked hard too.

  • Hip Hop

    Don’t blame Jay – Blame Steve.
    Ever since the invention of the ipod, people don’t buy records, they download them

    So why pay Apple to download something, when you can get it for free on every sharing site on the web.

    Tell who was the last rapper to go TRIPLE PLATINUM.

  • B

    If any of these albums were 2x platinum would Jay get credit for that success…. no! You tell me a label that has hip-hop artist doing bigger numbers than Def Jam… go ahead and think about it i’ll wait. no one. If established artist need such big promotion were is there fan base from there past success? stop bitchin and get ya weight up!!! I .WILL NOT LOSE EVER… FCUKERS!!!

  • http://yahoo.com BUIZZY

    Pliz!!! mutherfuckers whio gives the fuck whether Jigga remains CEO or not, infact that would be a releif to the nigga toomuch work wil wear the nigga out(or is he already wornout) LeT HIM GO HOME AND SUCK BEYONCE’S PUSSY WITH HIS BIG-FAT LIPS. YEAH that nigga disrespected ma Nigga DASH.

  • http://xxl Tru

    man for real… mind over matter and matter over money
    Nj one love Two shoots

  • http://www.imhiphop.blogspot.com -L-

    I dont think jay will come back to defjam, however i dont know if i could deal with JD running the show. Picture JD pusing nas album back to drop The Best of Bow Wow???

    Hip hop will really be dead.

    http://www.imhiphop.blogspot.com

  • PURPLE HULK

    HAHAHAHAHA
    HOV STAYS LOSING
    MAYBE NOW HE’LL STOP HIS MURDERING OF HIP HOP MUSIC, MAYBE HE’LL GO LIVE IN SECLUSION WITH HIS BOYFRIEND AND WE’LL NEVER HAVE TO HEAR FROM THAT FAGGOT AGAIN.

  • http://www.myspace.com/deandresurrellthegreat deandresurrell(east oakland)

    hey hov this is deandre surrell
    remember what i told u?colombia records
    need a leader….i wish i could shake yo hand
    and sit down and talk….but…im invisible

  • mizeryluvkompany

    fuck jay-z period!!!!!

  • TJ

    MAN ALL U NIGGAS HATING ON JAY YALL BITCHES I WOULD SLAP THE FUCK OUT U HATERS ALL YALL NIGGAS WAS ON HIS DICK BACK THEN LAMES NIGGAS

  • Khayan from the Bronx

    I UNDERSTAND BOTH JAY AND DEF JAM. ON JAY Z SIDE. U CAN’T EXPECT A MAN ON HIS LEVEL TO SPEND HIS TIME DOING ANY JOB FOR ANYTHING LESS THAN WHAT HE EXPECTS TO GET PAID. ON DEF JAM PART YOU CAN’T LAY OFF PEOPLE THEN GIVE SOME ONE A RAISE WHO IS NOT IN THE OFFICE ON A DAY TO DAY BASES. IT’S A SMACK IN THE FACE TO OTHER PEOPLE.

  • http://DefJamneedstoletJaygo. Loose Cannon

    Yo the best thing they can do is let Hova go. Just look at all the careers that going down the drain. LL, Meth, Ghostface, Nas. Should I keep on going? Come on any body could have made these guys into Platinum stars. Then he goes and puts himself up on a pedestal with more advertising money than a Star Wars movie. I think Russell Simmons must have listened to Jay-Z’s albums one too many times when he put him in charge of Def Jam. Maybe he thought that Jay Z was really a hustler or something. Anyway it’s time they send Jay-Z to Florida so he can go back to wearing those flower shirts he used to wear in those Big Daddy Kane Videos back in the 80′s

    • http://XXLMAG DUNG-A-REE

      HAIWIAN SOPHIE

  • daniel

    fucks your niggas of the shit jay-z is the real rapper

  • DJ

    How don’t U credit Jay when artist do well?? Jay has made niggas pay attention 2 def jam again. That nigga earned the right 2 ask 4 more money and the niggas who didn’t sell never sell anyway(Ex. Redman)

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  • MJR11

    look at that niggas lips.