Lloyd wants a New Label

Without Lloyd, the downfall of Murder Inc. Records would have been a whole lot worse. He signed to the label right in the middle of the G-Unit feud. The next year, he released his debut album, which revived the label for a short period of time. Not even the popularity of Lloyd could keep the CEO of Murder Inc., Irv Gotti, out of the reach of the law. When the label came under investigation, they lost their distribution deal with Def Jam.

Being dropped by Def Jam cost the entire label two years of productivity. While all of the Murder Inc. artists were upset at the hindrance provided by the case, it really got to Lloyd. In 2006, he attempted to leave the label, but Irv Gotti convinced him to stay. He stayed and the label rode off of him and his next two albums. Then, last year, he tried to leave the label, again and Irv Gotti refused to let him do so. Behind the scenes, a deal was reached and Lloyd got off of the label.

Now that Lloyd is off of Murder Inc. Records, he wants to find a new label home so that he can release a new album. His relationship with Lil Wayne, plus their frequent collaborations led some to believe that he may sign with Young Money. While Lloyd has admitted that he would not turn down Young Money, he said that he has not spoken with Lil Wayne about signing with the label. However, his name has been linked to Jay-Z and Roc Nation. It is also possible that Diddy may sign him to Bad Boy Records. All of the solo male R&B artists on the label are gone, with the exception of Donnie Klang.

Currently, Lloyd is talking with some label and they are close to a deal. Lloyd has not given up much information, but he has said that he is close to signing a major deal with a new label. Regardless of his label situation, he wants to release a new album this year.