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Source: Instagram

Drake Signs $10 Million Las Vegas Residency Deal

Another momentous move for Drake.

Drake just signed a multi-million-dollar deal for a residency in Las Vegas.

According to The Blast, the 32-year-old rapper reportedly inked a deal with XS Nightclub inside the Wynn casino and hotel, one of the biggest clubs on The Strip. for a residency for a minimum of 10 shows over the course of a multi-year deal.

Drake performed at XS last week and hinted at the deal, telling the crowd, “I’ll be back here at XS all year. You’ll have a lot of chances to see me,” The Blast reports.

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Over the weekend, Drake posted a photo to his Instagram account performing on stage in Las Vegas, with the caption, "New home."

Mariah Carey, Jennifer Lopez, the Backstreet Boys, and Britney Spears have also heald Las Vegas residencies.  Céline Dion’s residency is ending this year after eight years, while Lady Gaga is gearing up to launch hers.