Jay-Z just can’t seem to stay away from the business side of the rap business! After stepping down as the CEO of Def Jam, he’s allegedly in talks to start her own label, tentatively called the Carter Music Group, with competing company Warner Music.

"The reason Jay left Def Jam was less about money than about freedom," an insider tells the New York Daily News. "He didn't want to come to the office every day. And he had so many outside projects -- his chain of 40/40 clubs and the hotel he's building in Chelsea. But he wouldn't mind having a small label for the talent he discovers. He might just put out three or four records a year. He'd let somebody else do the heavy lifting."

Too bad Jay wouldn’t be putting out his next albums! He owes Def Jam one record due out later this year, as well as a greatest hits album.