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Juelz Santana Sold to Def Jam for 2 Million Dollars

August 5, 2008 (7:43 am) GMT
Juelz Santana is sold to Def Jam for 2 million dollars by the group leader to avoid further battle among group members.
Juelz Santana

Rapper has been sold by his Dipset group leader to Def Jam Records for 2 million dollars. This agreement has been made following ongoing dispute among Dipset members which results on holding back Juelz's third upcoming album "Born to Lose, Built to Win (The Reagan Era)" from its release schedule in summer 2008.

Despite the internal battle, Juelz said that even though he is no longer in Dipset, he will continue representing the group in his future project. "Yeah, I'm free and ready to do me but its still Dip Set 4 life! It's just going to be a new chapter. I have no hard feelings for Cam, after all, he did give me a chance. But I will say this, I was loyal to him and he took advantage," Juelz said in a statement.

The rap star came to fame in 2002 after he appeared with Cam'ron in singles "Oh Boy" and "Hey Ma" from Cam'ron's third album "". He then released first solo album "" on August 19, 2003 that was followed by second album in September 22, 2005 entitled "".

Now that he is settled with Def Jam, Juelz gives hints that his forthcoming album will come out soon. In a statement, he said, "Mix tape coming up soon, my solo mix tape (the Reagan Era)."

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