Shyne Signs Seven-Figure Deal With Def Jam

    Recently released from prison, rapper Shyne, famous for being involved in the whole J.Lo-Diddy shooting incident in 1999, has signed a reported seven-figure deal with Def Jam, the label that released his album from behind bars in 2004. Shyne won’t be allowed to enter the U.S.–he was deported to Belize, his home country–but Def Jam has plans to send him to the U.K. to record a new album. Shyne has also signed a management contract with HipHopSince1978, the same group that manages Drake, Lil Wayne and Young Jeezy. [NahRight]