Nas Signs With Jay-Z?!

After years of beefing Jay-Z and Nas have sealed their peace with a record deal.

According to The New York Times, the deal brings Nas to Jay-Z-led Def Jam, turning the former enemies into business partners. Though Sony and Def Jam representatives would not comment on the story, the Times quoted unnamed sources describing a deal that would have Nas' longtime label, Sony Music, and Def Jam split the profits, or any losses, from Nas' next two albums.

The Times reports that Jay-Z has agreed to have his label pay the cost of producing and marketing the albums and then divide the profits with Sony after expenses are recovered. The labels will work together to plan and execute the marketing campaigns for the records. The deal pays Nas around $3 million, including a recording budget, for each of the two albums, and has a clause providing for two additional albums for Def Jam.