Close sources told the outlet Nelly has teamed up with HarbourView Equity Partners, and he will receive an estimated $50 million for 50% ownership of his catalog.

The deal encompasses eight albums and some of his top singles such as “Ride Wit Me,” “Dilemma” and “Hot in Herre.”

However, according to the outlet, there’s “no word yet on which parts of Nelly’s catalog — besides the above-mentioned singles — now belong to HarbourView.”