Canadian rapper Drake has officially signed to Lil Wayne's Young Money label. Earlier this month, the Toronto-born rapper was said to be amidst a bidding war between three major labels.
The "Best I Ever Had" hitmaker has now confirmed he has officially signed with Young Money.
According to MTV News, the deal breaks down as a joint venture between Young Money and Cash Money, with Universal Republic distributing.
"Today is a definitely a comfortable day for me, having my team now that's been in place for a couple of years. It's just a great day."
"It's something new, but it feels familiar. Independent is a funny term," he told MTV News on the set of his video for "Best I Ever Had."
"I can go independent, but you need distribution, period. You need somebody to distribute your record and you need that army that a label has to really push the record."
Drake's official debut LP, Thank Me Later, is currently in production and due later this year
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