We take a look at some of the world's biggest record deals and the artists who signed them
7. Robbie Williams, $125 million (R1,96 billion)
Williams might come as a bit of a surprise because he is not the most relevant of artists at the moment. But in 2002, the singer bagged the second-biggest record deal of any British artist with EMI and went on to record his biggest international hit to date: Feel.
6. Adele, $130 million (R2,04 billion)
While not yet official, singer-songwriter Adele has reportedly signed a $130 million (R2,04 billion) deal with Sony Music. This does not come as a surprise since Adele’s music has broken every record that comes to mind. This deal would be largest for any British artist and for any woman in history.
5. Bruce Springsteen, $150 million (R2,36 billion)
Springsteen is a bit of a golden oldie; he has been active in the music industry since 1965 – that’s over 50 years! The Boss and his E Street Band still regularly reach the top of the Billboard charts without breaking a sweat. In 2005, Springsteen signed a massive $150 million deal with Columbia Records.
|The 7 of the biggest record deals ever|
In 2008, Big Pimpin’ star Jay-Z left his longtime record label Def Jam and signed a one-of-a-kind deal with concert promotions giant Live Nation. The deal didn’t only have to do with Jay-Z’s music and albums, but it also meant Line Nation got a stake in the rapper’s investments, acquisitions and publishing rights.
3. Lil Wayne, $150 million (R2,36 billion)
In 2012, Cash Money put out the dough for Lollipop rapper Lil Wayne, offering him a whopping $150 million (R2,36 billion) to keep him on board. Despite this, the tattooed star is currently embroiled in a legal battle with the label, claiming that they owe him compensation for discovering and nurturing the talents of Drake and Nicki Minaj.
2. U2, $200 million (R3,14 billion)
There’s a reason we’re forced to listen to their new music on iTunes – U2 is one of the biggest bands in the world. In 1993, Polydor Records signed the band for a massive $200 million (R3,14 billion. In 1993. Wow!
1. Michael Jackson, $250 million (R3,93 billion)
The number one spot on this list had to got to Thriller star Michael Jackson. The deal was signed with Sony Music in 2010, after the singer’s death, giving the label the rights to his peerless back catalogue and posthumous releases.
Additional source: Business Insider
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