"Rapper Joe Budden is no longer signed to Def Jam Records after being heralded as one of the most promising acts in the early 2000’s.

The rapper said he was please to be leaving the label and looked forward to next steps in his career.

"I'm just happy we were finally able to cut all ties. I feel like I have all the talent in the world, but for some reason was never able to showcase it there,” Budden told AllHipHop.com. “I'm looking forward to whatever God has in store for me, and Joe Budden fans should know - today is a beautiful day."

While Budden’s self-titled 2003 album sold over 500,000 copies, he never released another album on the label. He also scored a hit record with “Pump It Up,” which was used in an NBA Campaign. In 2005, Def jam held a listening session for Budden's second release, The Growth, but the album never materialized.

Even without a second album in the market, Budden stayed relevant by releasing several popular mixtapes via the internet and the streets, most notably Mood Muzik 1 & 2. According to Budden, fans can expect Mood Muzik 3 to be released in December an hopefully an album sometime in 2008." (source: allhiphop)

***Click Here To Read Budden's Interview With HipHopGame.com***