On May 21 , 2009 , Jay - Z had bought back his contract from Def Jam for an unprecedented $5,000,000 .
On May 21 , 2009 , Jay - Z started his deal with Live Nation .
On May 21 , 2009 , Jay - Z had bought back his contract from Def Jam for an unprecedented $5,000,000 and started his deal with Live Nation .