Nelly is reportedly selling 50 percent of his music catalog for $50 million.

PEOPLE reports that the St. Louis rapper made the sale with HarbourView Equity Partners, which has agreed to the “purchase of select recorded assets.” “Ride Wit Me,” “Dilemma” and “Hot in Herre” are among the tracks the firm bought.

"As artists, we put our heart and soul into each track and there comes a time when you consider preservation of that artistry,” Nelly said in a statement, according to Variety. “My music is my legacy which I want to last beyond me, continuing to make my existing fans happy while reaching new generations and new audiences. I am excited to partner with HarbourView to create opportunities for discovery of my music decades from now."

Nelly is currently working on his next album, Heartland 2, which is a sequel to his 2021 country-inspired album of the same name.