Jay-Z Close To Signing $20M Deal With Samsung

NEW YORK – Reports are that Shawn Carter, popularly known as Jay-Z will soon sign a $20 million deal with Samsung Mobile.

The Roc Nation brand supremacy continues to grow as Jay-Z is said to be close to closing a deal with Samsung that would net him nearly $20 million.

After leaving NBA ownership to pursue the lucrative career in sports agency, he is now adding a huge contract with Samsung Mobile. According to reports made available to Biztellers, “the contract is said to be worth as much as $20 million.”

Shawn 'Jay-Z' CarterEarly reports, that are only speculation at this time think that Jigga would look to enter the music-streaming game, that would rival Dr. Dre and Jimmy Iovine’s Daisy subscription service which is dropping soon, “You can speculate that he’l l want to develop some kind of new music-streaming service to promote his acts and music on mobile devices.”

Although the eight figures is a nice incentive, it seems that the Brooklynite is using the opportunity to expand the reach of his brand as he continues to sign more artists.

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