Signed, sealed, delivered — according to reports, Shyne is back at his second recording home, Def Jam umbrella. The rapper had originally signed to the label while he was in prison in 2004, but that deal was subsequently terminated. His contract, which is rumored to be between $1 million and $5 million, was finalized Monday (February 22) when the company’s chairman L.A. Reid traveled to Belize to close the deal.

In an interview with 7Newsbelize.com, Reid said it was an honor to have Shyne back under the Def Jam umbrella.

“I have come here to stand by Shyne and to officially kick off our partnership with Island Def Jam Music Group and Gangland Records,” Reid said. “So it is really an honor to be here, really very special place. I am here because great people are worthy of travelling many, many miles for it and I come here to say that your country is great and I hope you guys know that this is a great man from your country who deserves this kind of respect and who deserves this kind of support. So that is why we are here.”

Reid also promised a “big comeback” for Shyne’s career — according to the report, the deal will not just house Shyne as an artist, but also provide distribution for his Gangland Records imprint.

“It is an honor and a pleasure, not just for me but for Belize,” Shyne said. “Chairman Reid is on the level of Berry Gordy, Clive Davis — the biggest music men in the history of music — and so to have a partnership with Gangland Records and Island/Def Jam is incredible for me.”

Def Jam records has not released a statement as of press time.

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- Posted By Nick D’s