According to the New York Post , an insider told gossip columnist Page Six that Jay is asking for $100 million for his label, Carter Music Group.
"He wants a label to give him $100 million for the Carter Music Group and provide for overhead, development and digital investment. It’s crazy. He wants the labels to basically be his venture capital fund – but unlike a venture cap, they won’t get 50 percent. This is not the ’90s anymore."
To read the full New York Post report, click here