Drake is a certified millionaire — and a recent deal with Universal just made him $400 million richer.

According to Variety, the “Scorpion” king’s deal with Universal was completed in 2021, though details are just now beginning to emerge about the extent of the deal. The outlet reports that Aubrey Graham was issued a check for $400 million in a deal that includes everything from song recordings to visual projects.

The deal — similar to the one The Weeknd signed with the media giant — puts Drake in the Republic Records camp. What’s more, the deal is on par with some of the biggest deals in history. For example, according to Insider, Prince signed a $100 million deal with Warner Bros. — and the legendary Whitney Houston signed a similar $100 million deal with Arista, with hers being the largest deal in that label’s history. Jay-Z’s $150 million Live Nation deal in 2008 also made the cut, as did Lil Wayne’s $150 million Cash Money deal in 2012. And prior to Drake’s historic deal, Michael Jackson held the top spot as having the largest deal in music history, with $250 million going to his estate in 2010 from Sony Music.

From this rubric, it seems like Drake has the largest deal in music history. But let’s take a closer look at the details of this historic deal.

Universal Records

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