Shyne Inks New Deal with Def Jam - ShyneFormer P. Diddy protege, Jamal “Shyne” Barrow, has signed a deal with Def Jam Records. Barrow is currently serving a 10-year sentence for assault.

The deal is reported to be worth approximately $3 million for the first album. Def Jam came out on top in a bidding war with Warner Brothers Records for the incarcerated artist.

Warner Brothers is run by former Def Jam CEO Lyor Cohen.

Under the deal, Def Jam has created a new record label for the rapper, Gangland Records.

Shyne was sentenced to a 10-year bid in 2001 after being convicted in a high profile nightclub shooting in Manhattan.

Sean “P. Diddy” Combs, who signed Shyne to his Bad Boy Records label, was acquitted of any wrongdoing in the same trial.

Shyne is currently serving his sentence at the Clinton Correctional Facility in Dannemora, New York. Before being incarcerated Shyne is said to have recorded up to a dozen songs which could be used to create an album for Def Jam.

Though not eligible for parole until 2009, Shyne has been working with Harvard law professor and practicing lawyer Charles Ogletree to obtain an early work-release discharge, something which Ogletree also did for the late Tupac Shakur.