Dr. Dre Selling Catalog Assets to Universal Music Group and Shamrock Holdings in $200 Million-Plus Deal

After falling to No. 5 on the list of Hip-Hop's richest moguls in 2022, as curated by Forbes magazine, with a fortune estimated at $400 million, it looks like Dr. Dre has found the perfect prescription to put himself back among the genre's top earners.

The super-producer, who once wrongly proclaimed himself hip-hop's first billionaire, is close to reaching a deal to sell some of his music assets for more than $200 million. 

It's not enough to get him into the coveted three-comma club with Jay-Z ($1.5 billion), and Diddy ($1 billion) but it will provide a significant boost to his net worth, which peaked at $800 million.

According to reporting from Variety, the sales are being made to Shamrock Holdings and Universal Music Group through a pair of deals for assets making around $10 million a year. The assets being purchased include his artist royalties from N.W.A. and for two solo albums, along with producing royalties and other entities.

The master recording of Dre’s iconic debut solo album following his departure from N.W.A., 1992′s "The Chronic,” will also be acquired by UMB. The triple-platinum album was selected by the Library of Congress for preservation in the National Recording Registry in 2019 as "culturally, historically, or aesthetically significant."

Dre, 57, will reportedly maintain control of his Aftermath Entertainment record label.

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Naomi Osaka is Expecting First Baby With Boyfriend Cordae

Naomi Osaka and Cordae on the cover the March 2021 issue of GQ

Three-time Grammy Award-nominee Cordae and former world No. 1 tennis player Naomi Osaka are having a baby.

Osaka, 25, made the announcement that she and the rapper were expecting Wednesday on social media.

"Can’t wait to get back on the court but here’s a little life update for 2023," she labeled a post on her official Instagram account featuring photos of a sonogram along with a letter to fans in both English and Japanese.

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“The past few years have been interesting to say the least, but I find that it’s the most challenging times in life that may be the most fun. These few months away from the sport has really given me a new love and appreciation for the game I’ve dedicated my life to,” it reads.

“I realize that life is so short and I don’t take any moments for granted, every day is a new blessing and adventure. I know that I have so much to look forward to in the future, one thing I’m looking forward to is for my kid to watch one of my matches and tell someone, ‘that’s my mom,’ haha. 2023 will be a year that'll be full of lessons for me and I hope I'll see you guys in the start of the next one cause I'll be at [Australian Open] 2024."

Osaka added, "I don’t think there’s a perfectly correct path to take in life but I always felt that if you move forward with good intentions you’ll find your way eventually."

The announcement sheds new light on Osaka's withdrawal from the upcoming Australian Open, which was announced Sunday by tournament organizers.

It was scheduled to be her first on-court action since September when she played in the Toray Pan Pacific Open in Tokyo.

Osaka and Cordae, 25, have been dating since 2019 after meeting at a Los Angeles Clippers game.