BOW WOW'S A CASH MONEY MILLIONAIRE

Bow Wow informed us all via Twitter yesterday night that he's officially signed with Cash Money Records!

He then took to a live stream where he talked further about the deal saying, "Its the triple threat Bow, Wayne, Drake. Its about to be real stupid. Any Bow Wow fan that I let down..what I am getting ready to do, I got y'all. I apologize to the fans that I let down. It’s finna to go down. Its on now, baby. Me, Drake and Weezy…lets get to the money.”

So this was what that whole hocus pocus mystery video was about??? You didn't need to do all of that Bow Wow & Lil Wayne is smartening up his marketing skills isn't he.




Cash Money is looking right nowadays!

FABOLOUS SIGNS WITH REEBOK

The F.A.B.O.L.O.U.S has signed an endorsement deal with Reebok for an undisclosed amount.




Attached with the deal are 5 shows he has to perform in various cities across the U.S.

The only Reebok's I'll ever like or be caught dead wearing are the classic pumps. Word to ya mother.

E.S.P JEN: MICHAEL VICK SIGNS WITH PHILLY

Michael Vick is officially back in the NFL & a team did want him after all!

The Philadelphia Eagles has signed Vick to a one year deal with an option for a second year. Vick wasn't brought in to compete with five-time Pro Bowl quarterback Donovan McNabb for a starting job, but the two could end up on the field together.

The first year of the deal is for $1.6 million with the second-year option worth $5.2 million & Vick can also earn an additional $3 million in incentives over the two years of the contract according to ESPN.

Here's the Eagles' QB Donovan McNabb talking about the new deal:

We'll judge the results on the field.

J TO THE LO TO REPLACE PAULA YO

There's an exciting rumor going around that Jennifer Lopez will be taking Paula Abdul's seat as judge on American Idol!




Sources are saying that producers & JLo's team are negotiating and are very close to sealing the deal!




That would be so cool to see her as a judge on Idol. It would only help her career now. Hey I'd probably watch the show more if she were on!




And don't feel bad for Paula. Producers of the show So You Think You Dance are reaching out & want her to become a judge on their show now!




I think Paula judging a dance show, something she knows very well, makes way much more sense than her judging someone's singing capabilities.




Let's make it happen ladies!

SHYNE POE & HOV?

This would make perfect sense & also be a great relationship if it happens to be true!




According to AllHipHop, sources have said that Jay-Z went over to Rikers Island on Friday to meet with rapper Shyne aka Jamal Barrow but known now as Moses Levi since converting to Judaism while in jail for almost 10 years now for the shooting at a NYC nightclub involving Diddy where people suffered injuries.




Jay-Z's visit was to discuss business with the former Bad Boy member & offer him a deal with Jigga's label Roc Nation!





No word if there's any validity to this story but so far it's looking like it can be true since Shyne was granted parole and will be released in October.



There is a lot of potential there. A whole lot. I could see this union happenin.

DRAKE OFFICIALLY SIGNS WITH YOUNG MONEY

The Young Money crew. Yes that's nasty (literally) Nicky Minaj, Jae Millz, Weezy, Tyga and oh oh who's that?!!!


Yes that's Drake and yes, he has officially signed with Lil Wayne and his Young Money Records for a reported $4 million.


There was plenty of speculation about who Drake was going to sign with since he doesn't have a deal nor an album! Yes I know, you're all probably scratching your heads wondering how so when his songs are all over the radio! Label heads were dying to get the most sought after rapper on their company but Weezy and Baby lucked out. Atlantic Records offered him $2 million but Drake decided to wait it out.


"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," Drake told MTV News. "It's something new, but it feels familiar."


And according to MTV, it was a joint venture between Young Money and Cash Money Records and his upcoming album Thank Me Later will be distributed by Universal Republic.


"Independent is a funny term. 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 said.

Young Money and Drake. Wasn't this obvious?????? I wonder how much cash Baby and Wayne offered him?? Must be a whole lot for Drake to turn down offers from almost every label in existence!



*There's a rumor going around that Drake was robbed right before the BET Awards on Sunday when he was walking around a L.A shopping center. Close sources to him say that his back and leg were hurt.


Is that why he was sitting on that stool during his entire performance???