Site Last Updated: 3:25 PM EDT, January 9, 2009

Cam'ron Sells Juelz Santana To Def Jam For $2 Million

Published: Friday - August 1, 2008
Words by Miles Bennett

Cam'ron and Juelz Santana
Cam'ron and Juelz Santana (Photo: via MySpace)
The separation within the Dipset hierarchy continues.

With members like Jim Jones branching off, creating spin-offs from the original family, most has wondered what Juelz Santana has been up to. Well, he's back.

In a recent YouTube video, the rapper exclaimed "I'm back" before revealing several new projects in the works -- including a new mixtape from his new crew, the Skull Gang; a solo mixtape titled The Reagan Era; and his a forthcoming Def Jam project titled Born To Lose, Built To Win.

That's not all the news that's come out since this return.

Hot 97's Miss Info recently spotted an M.I.A. Cam'ron at a show in New Jersey, and discovered some shocking news about the young Dipset underboss -- he's been sold.

"Oh, by the way, I gotta talk to you about something else too. I sold Juelz' contract to Def Jam for $2 million dollars," Cam told Miss Info.

It's not just hearsay or rumors either. It's confirmed. Juelz backed Cam's statement, telling Miss Info that he's "finally free."

"Yeah, I'm free, and ready to do me," Juelz said. "But it's still Dipset for life. It's just going to be a new chapter."

Despite the separation, the rapper made it clear that there was no beef with Cam'ron, but did hint at some shadiness behind the scenes.

"I have no hard feeling for Cam, after all, he did give me a chance," he said. "But I will say this, I was loyal to him and he took advantage."

On the business side of things, however, Juelz revealed that he's put himself into a better position over at Def Jam, announcing that he's landed a joint venture, 50/50 deal with the label.

The first release under the new deal will be his next album, Born to Lose, Built to Win.

"I would like to say sorry to all my fans, and the DJs, and most of all, my city, New York. Play time is over. I'm back. Y'all n****s know what time it is," Juelz exclaimed.

At press time, a timeframe for the release of the upcoming Def Jam project was not immediately available.

Stay tuned.




Story Tools
Email It   | Print It  |  Post A Comment  |   Digg It  |  Del.icio.us
COMMENTS (24)


Post A Comment

Your Name:
Your Email:
Your Website:
Comment:
Enter Code Shown Below:
  NOTE: Code is CaSe SeNsItIvE


ALERTS

Receive daily alerts to your email, 2way or cellphone!



 
 
 More News
 
 Top Stories
Ne-Yo Fed Up With Blogger's Gay Remarks News
Ne-Yo Fed Up With Blogger's Gay Remarks
Ne-Yo has been the target of gossip blogs ever since he broke on the scene. And despite crooning for the ladies about ... full story
Juelz Santana: Sacrifice Yields Success Features
Juelz Santana: Sacrifice Yields Success
Fame demands responsibility. One should remain responsible to himself, as well as those that he chooses to surround ... full story
Soulstice From France Blog #3: Day 4 Editorials & Columns
Soulstice From France Blog #3: Day 4
Embarking on a 9-show winter tour in Europe, one of my goals was just making it through the tour without getting sick. ... full story
Product Review: Beats By Dr. Dre Tour Headphones Beyond Hip-Hop
Product Review: Beats By Dr. Dre Tour Headphones
Monster Cable's Beats By Dr. Dre collaboration with the legendary producer caused a lot of chatter when they were released ... full story
Josh X-an-tus: In Love With 2 (Music Video) Video
Josh X-an-tus: In Love With 2 (Music Video)
Check out the brand new video from singer Josh X-an-tus called "In Love With 2." Enjoy. ... full story
Copyright 2007 BallerStatus.com (Hated on since 2002), All Rights Reserved. Privacy Policy | Contact Us | Free Email | RSS