New York rapper Troy Ave recently updated fans on his record label status after brewing speculation of a Hustle Gang signing being on deck.

According to Ave, he is on the brink of signing a huge deal.

“I’m going to get a joint venture. Everything I’m doing I told people I was going to do but they didn’t believe me. I don’t blame them. You’ve got people that just say things. Where I’m from you don’t just say things, your word is everything. … T.I.’s the home team. We’re putting plays together behind the scenes. T.I. is definitely influential in everything I do, but I got the number one independent label in the streets–BSB Records. Self made and self paid and we’re just doing what we do.” (Hot 97)

Check out Troy Ave’s full interview on the next page…

Last fall, rap star T.I. said Troy had Hustle Gang written all over him.

“Never mind the paperwork, I can’t really speak for the deals or the solidification of a professional relationship, but personally he’s definitely Hustle Gang. That’s something that I feel comfortable saying. He’s a solid cat,. He has something that New York has been missing for quite some time and he’s not afraid to be a New Yorker. I salute him for that early on.” (Rap-Up)

Troy talked about nearing an agreement with Hustle Gang a few months ago.

“I’m still independent. It’s funny you ask me that, I just got off the phone with Tip. We were kicking it for like an hour not too long ago. We’re trying to figure things out right now but I’m still 100 percent independent. But it’s got a good ring to it. Don’t it? Troy Ave, Iggy and T-i-p? Right, right, it sounds like a good move. … I was actually thinking about that. I was conflicted. I was like, ‘D*mn,’ my whole campaign I’ve been so New York and from the streets – I’m like, how’s it going to look if I team up or I sign with a southern rapper? T.I. is arguably the king of the South. But I was thinking about it, 50 Cent went and signed with Dr. Dre and Eminem. That put him on. They’re from the West Coast and Detroit.” (WiLD 94.1)

Last summer, T.I. revealed legal paperwork was the only factor stalling the deal.

“Yeah, yeah, it’s in the works,” T.I. said in an interview with Angela Yee. “We have verbals, the lawyers just got to do their thang, but its definitely something that we looking forward to and shout-out to everyone who has been supporting the [‘Like My Style’] remix.” (Power 105.1)