Iggy Azalea Claims She Signed $2.7 Million Deal And Owns Masters

New York, NY (Top40 Charts) Iggy Azalea is gearing up to embrace the next chapter of her career in music. As she first reported while speaking with an Entertainment Tonight reporter during Cardi B's Fashion Nova launch party on Wednesday (Nov. 14), Iggy claims that she's signed a lucrative new record deal worth $2.7 million.
"Proud to say I literally just signed my new deal/partnership!" Iggy told her Twitter followers. "2.7mil, can sign others, own my masters + 100% independent - I'm feeling like such a bossy grown ass bitch today! Time to get back to ME. I'm so grateful & excited..."

While the ink dries on her new contract, Iggy was thrilled to share the news with her fans. "I'm just so happy & excited; I wanted to tell you guys as soon as the pen hit the paper!" she added.

The 28-year-old rapper was originally signed to Def Jam in the U.S., where she released her 2014 debut The New Classic, which spawned the chart-topping hit "Fancy." In August, she released her six-track EP Survive the Summer via Island Records.