The wait is over. After months of speculation, Canadian rapper Drake has officially signed to Lil’ Wayne’s independent label Young Money. According to MTV, his signing is between Young Money and Cash Money Records and his debut album Thank Me Later will be distributed by Universal Republic.

“Today is a definitely a comfortable day for me, having my team now that’s been in place for a couple of years. It’s just a great day,” Drake told MTV News recently in New York. “It’s something new, but it feels familiar.”

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Here Jamie Foxx can be seen paying tribute to Michael Jackson (comedically, of course) as the host of the 2009 BET Awards, which aired live from Los Angeles Sunday night (Jun 28) on BET. Jamie Foxx is probably one of the few people who can make light of a sad situation and have everyone laughing and crying at the same time. The BET Awards was supposed to dedicate the entire show to Michael, per the press release sent out Friday, but failed to impress.

The show itself was pretty good, but they should have never mentioned dedicating the show to MIchael if they didn’t have the time to do it right. That said, we really hope they put together an entire special to honor the late King of Pop so they can at least try to save face. But for now, continue reading for photos of Soulja Boy, Jay-Z, Monica, Beyonce, Ne-Yo and many more celebrities who participated in this year’s BET Awards.

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Ne-Yo and his girlfriend Tenille Jiminez stopped for a quick pic in the audience as they watched the 2009 BET Awards go down at the Shrine Auditorium Sunday (Jun 28) in Los Angeles. Continue reading for lots of pics of celebrities like Beyonce, Kanye West, Soulja Boy, Keri Hilson, Monica, Keyshia Cole, Lil Wayne and much more chilling in the audience and backstage at the show.

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In the wake of Michael Jackson’s shocking and equally heartbreaking death, everyone who’s anybody has spoken up to tell the world what Michael Jackson and his legacy meant to them. This just goes to show the magnitude of the impact he had (and will continue to have, even in his death) on the entertainment industry as a whole. Throughout the day, we will be posting official statements reflecting on the King of Pop’s legacy from the biggest names in music and entertainment. Stay tuned!

Lil Wayne: “I personally can’t believe it. But it’s more unfortunate for the world of music. … My love goes out to his family. … A sad day in history, not [just] music.”

Snoop Dogg: “I feel like his music will never die and his spirit will never die, because he influenced so many if us. He gave us a lot of hope that we feel like we can be big. He was very inspiring and up close and personal with his fans. That to me was special. That’s one of the things that I loved about Mike. When I got a chance to meet him, that’s the feeling and spirit that I got from him.”

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Rappers Soulja Boy and Bow Wow were among the many performers who took the stage Saturday night (Jun 20) in Atlanta during the 2009 Birthday Bash at Philips Arena. Hip-Hop and R&B acts alike all performed short sets during the 14th annual event, hosted by popular Atlanta radio station Hot 107.9. Continue reading for pics of Keri Hilson, Trey Songz, Lil Wayne, Young Jeezy, and much more!

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Here Kobe Bryant is seen with his wife Vanessa on the red carpet of the celebration of the Los Angeles Lakers’ win over the Orlando Magic in the 2009 NBA Championship. The party was held at Club Nokia Thursday (Jun 18) in LA and celebrities like Garcelle Beauvais, Diddy, Kanye West and more all came through to party and celebrate with the Lakers. Continue reading for more!

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Here’s “Always Strapped (Remix),” Birdman’s latest music video featuring Lil Wayne, Rick Ross and Young Jeezy. This is the second single from his upcoming 5th solo album, Priceless, which as of now has no set release date. Peep the video below!

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Speculation has been mounting for weeks, and now the highly anticipated tour featuring rappers Lil Wayne, Young Jeezy, Soulja Boy and Drake has been given an official name, in addition to dates and venues. Dubbed “Young Money Presents: America’s Most Wanted Music Festival,” the tour will travel to 21 cities throughout the United States and Canada. Tickets will go on sale Saturday (Jun 20) via Ticketmaster, Live Nation and venue ticketing systems depending on venue.

This tour will be the follow up to Weezy’s highly successful “I Am Music Tour,” which played a total of 47 arena dates across the United States. After an opening act hits the stage, Wayne’s protege Drake will perform, followed by Soulja Boy, then Young Jeezy and last and most certainly not least … Lil Wayne!

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So it looks like Lil Wayne has been running around town raw and getting industry chicks pregnant … and apparently he’s caught himself in what some would call a “love triangle.” According to several (confirmed) recent reports, actress Lauren London AND singer Nivea, who recently went through a divorce from singer/songwriter The Dream, whom she already has 3 kids with, are expecting babies from Weezy! Talk about drama!

But anyway, both ladies are having boys and we hear both of them are about 5/6 months along. And you’ve probably already guessed it but Ms. London is in no way happy about this news. Peep what our boy FreddyO said.

I was told Lauren London was at a loss for words today after finding out that her baby daddy was expecting another child. Lauren who is almost 6 months pregnant didn’t know anything about Nivea’s pregnancy, and found out via Mediatakeout.com (go figure) and was outraged.

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Chris Brown was among the celebrities who sat courtside Tuesday (Jun 9) night as the Orlando Magic took on the Los Angeles lakers in Orlando, FL at the Amway Arena during Game 3 of the 2009 NBA Finals. Ludacris, Lil Wayne, Omarion and others also sat and watched as the Magic defeated the Lakers with a final score of 108 to 104. More pics after the cut!

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