Meek Mill is going the entrepreneurial route: He’s the new co-owner of sports apparel retailer Lids.

Wednesday, the “Going Bad“ lyricist announced his new business venture in an interview with Business Insider.

The rapper will be overseeing the company’s creative strategy and is set to release his own limited-edition line of hats in August. The Philadelphia native says he has JAY-Z to thank for his latest endeavor.

“[JAY-Z] built businesses, and he built things that made him become the man who he is, that we could call a billionaire guy,” Meek told the publication.

He also added that this year accounts for his “boss year,” and rightfully so. Earlier this week, the rapper shared the trailer for his new #FREEMEEK documentary series, which analyzes the broken criminal justice system, as well as his fight for freedom during his controversial imprisonment in 2017.

In addition, the 32-year-old’s latest effort Championships was certified platinum earlier this year.

Meek is set to hit the road this summer on his co-headlining Legendary Nights Tour with Future. The trek kicks off on August 28 and is also set to feature YG and Megan Thee Stallion.

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