305 Live: DJ Khaled signs to Cash Money, Rick Ross & Slim Thug seem to now have beef, and more in our Local Hip Hop News

Photo by David "Dro" Rosario

​-- Apparently, DJ Khaled's contract with E1 Records (formerly KOCH Records) expired after the release of his latest album Victory, which spawned the ultra successful single "All I Do Is Win". Well, after bring affiliated with them for years, it seems that DJ Khaled has taken steps towards the next stage in his career by signing a record deal Cash Money Records. The label that holds Lil Wayne, Drake, Nicki Minaj and a long roster of artists, can now call DJ Khaled a labelmate as he is now a part of the family. No word on specific details of the contract, nor if any We The Best related artist will also jump on board with the new deal. However Derick G released photos and video of the actual contract signing, which occurred on a Yacht adorned with about a dozen bikini models standing around and looking pretty. [DerickG]

-- Rick Ross has another opponent to face it seems. Currently, there's no word where his court case with former drug heavyweight "Freeway Ricky Ross stands. And there's no word on the state of his musical battles with the foes 50 Cent and Young Jeezy are. But it seems that by the leaking of an unreleased 2 or 3 year old song called "King Boss" that Rick Ross recorded years ago - Houston's Slim Thug took offense to some of the lyrics that were obvious references to him. 

While Ross and Slim Thug did have their squabbles due to them both using the "boss" moniker, things were squashed and they even made music together. However, that all seems to have gone out the window now that Slim Thug is taking to Twitter to reignite his beef with Rick Ross and his group, Triple C's. [MTVNews]

-- Pitbull is now officially Mr. Worldwide as he has been globetrotting as of late. But while preparing for another tour stint that kicks off with his September 4th performance at the Marlins Super Saturday event later this week, Pitbull has recruited a few people to help him re-launch his online multimedia portal, PlanetPit.com. The new site is a heavy upgrade from the previous Ning-based predecessor. The new Wordpress design will offer the latest in entertainment news, music and celebrity gossip - as well as an occasional "Que Rico" update, which is Pitbull's model of the week segment. The PlanetPit team actually did a photoshoot with west coast model Somaya Reece last week, along with in-depth interviews with Luther Campbell, Cool from Cool-N-Dre and much more. Log on now, PlanetPit.com for the latest in Pitbull related news and content from all over the entertainment world. [The305]