Posthumous Record Deal For Michael Jackson Tunes is Biggest Record Deal in History AP

Michael Jackson's estate has made the richest record deal in history, the Associated Press is reporting, citing "a person familiar with the deal."

It's a deal with Sony Music Entertainment for seven projects over the next 10 years.

According to the story, "The record-breaking contract through 2017 could be worth up to $250 million if certain conditions are met. One of the albums will be of never-before-released Jackson recordings that will come out in November, the person said."