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Set to headline this year’s Made In America Festival and The Meadow’s Music and Art Festival, many have speculated that Jay-Z has an album or two in the works. To add more fuel to the fire, the Brooklyn entrepreneur has just signed a 10-year touring deal with Live Nation for $200 Millon. According to Variety, the partnership will include worldwide touring, and Jay-Z is set to be under the touring contract until he is 57 years old.

“Live Nation and I entered unchartered territory in 2008,” Jay said in a statement. “Over nine years, we have traveled the world producing historic music experiences. Michael Rapino (Live Nation president and CEO) is an industry visionary, and this renewed partnership is a testament to our longstanding relationship and the talented individuals at Live Nation. For the next 10 years, we will continue redefining the live event landscape.”

Stay tuned.

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