Things are heating up for Nelly again, ’cause the dude’s about to get a helluva lot richer after selling the rights to half of the music he’s cranked out … including his biggest hits.
Sources close to the rapper tell TMZ … Nelly secured a $50 million deal for 50% ownership over his entire catalog — which includes 8 albums and a ton of #1 singles that helped define pop culture in the 2000s.
Nelly is teaming up with a company called HarbourView Equity Partners for this, which is forking over the dough to lock up some of his best-known songs … such as, “Ride Wit Me,” “Dilemma” and of course, “Hot in Herre.” Obviously they’re getting more than just that … but those tracks are, by and large, the ones Nelly’s perhaps best-known for.
No word yet on which parts of Nelly’s catalog — besides the above-mentioned singles — now belong to HarbourView … but considering the wide range of tunes he has under his belt … you gotta figure there’s more goodies in the vault that they’ll now have a claim to.
It’s a lot of money, obviously — so it’s great news for Nelly.