Earlier this year, Def Sounds reported, T.I.’s 10 year deal with Atlantic has come to an end, and the rapper was a free agent, looking to cash out as he was shopping a $75 million record deal.

At the time of the initial report, Tip said major labels across the board want to sign him, but the numbers weren’t looking right for an artist of his magnitude as he stated “You aint gonna get no king on your roster for anything less than 8-figures.”

Now, it looks like someone has met Tip’s asking price, or close to it, as he has inked a deal with Columbia Records.

Earlier today, Columbia announced that they have partnered with T.I. and his Grand Hustle imprint.

T.I. gave a statement on signing with Columbia:

I’m honored to be partners with such a successful, passionate and creative conglomerate like Columbia Records, who respects and supports the vision of their artist and partners. Nothing but love, respect & appreciation for Doug Morris, Rob Stringer and the entire staff. Also, a special thank you to my big bruh, Sk8board P, for always believing in me and also executive producing my upcoming project.

Rob Stringer (Chairman/CEO) of Columbia Records also addressed the deal with Tip:

We’re very excited to welcome T.I. to the Columbia family. With his massive US success and career history, we are going to make him an even bigger superstar on a global level.

Jason Geter of Grand Hustle also weighed in on the deal:

We’re excited to be in business with Columbia Records and it’s team of leadership. I’m now looking forward to spreading our music on a global level.

As of press time, specifics of T.I.’s deal with Columbia have not been revealed.