Can I predict the future or what. In early December I had posted on the now defunct JoeBudden.org that Joe Budden needed to get signed by Eminem in order to really make it. I cited numerous reasons which included Em’s financial backing and more importantly Em’s ability to understand Joe’s “mood” music. Fast forward to today and what do you know? A source close to Eminem confirms,

It is close to being closed and has been in development for at least 3 weeks. It will be announced by months end. Em and Paul Rosenberg got a copy of MM3 and apparently made the heads up decision to pursue Joey. Now all the numbers are being crunched but it will be 3 to 5 album deal and very lucrative.

If all they have heard is MM3, they need to listen to MM2, and then they’ll be giving him a 10 album deal! This is great news for Budden and for hip hop. Def Jam will be kicking themselves next year.