Jay-Z is going out the way he came in, on his own terms. The Brooklyn MC is officially an independent artist after ending his 12-year run on Def Jam Records. Still under contract for one more album, Jay bought out the rights to the remaining album. He later confirmed all reports."I can honestly say, working with Doug Morris and LA Reid has been a unique and fulfilling experience and I respect them immensely. I've been in the family for almost my entire career.
Doug and I spoke directly and had one of the most unique 'negotiations' ever. Doug won the toss but, we both won in the end.
I thank him for allowing me to be a completely independent artist. Not every artist can say they own or are given the opportunity to own all of their music." (RapRadar)
Once again Jay-Z proves his acumen as a businessman. Clearly the delay of the Blueprint 3 was proof that Jay and Def Jam were not on the same page. Rather than whining and complaining about the label, dude negotiated a buyout. Most rappers would have not handled this so smoothly. (See: Cam'ron, Max B, Young Buck) However, on the flipside there must be something about Jay that tells Def Jam they are better off without the greatest rapper of all time. Two words: Kanye West.
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