Rapper T.I. To Sign Label Deals Only If They Are Ready To Cough Up $75M

Atlanta rapper T.I is now a free bird after his 10-year contract with record label Atlantic ended. The rapper is now looking out for labels that will be ready to sign him up for $75 million.

TMZ reported that the 32-year-old rapper has even planned the breakdown of his deal package - the "Bring Em Out" singer will be doing three albums, 10-20 percent of publishing, touring, merchandise, film and TV rights, corporate endorsement deals and exclusive signing of all Grand Hustle artists.

Sony reportedly was interested in him and he was offered a $50 million deal. He is scheduled to meet record label major Universal this week. They too will be making an offer after the meeting.

T.I. whose real name is Clifford Harris, Jr. recently met industry bigwigs like Dr. Dre and Jay-Z. He had dinner at Katana with Dr. Dre who wanted to sign him for Interscope records. While, Jay-Z want him for his record label company, Roc Nation.

 T.I.'s debut album "I'm Serious" was released via record label, Arista in 2001. The rapper released his last album "Trouble Man: Heavy Is the Head," Dec. 18 and already 312,000 copies have been sold as of Jan. 16. It was his eighth studio album.

 The rapper has also acted in movies like "ATL,""American Gangster," "Takers" and others. He even acted in TV series "Entourage," "Boss," and "Hawaii Five-0."