Odd Future has done a great job of branding themselves, developing a major following, and building buzz without the help of record labels. Of course, that's only made them more appealing to the majors, and it looks like a deal is finally on the way. The group still hasn't finalized anything, but OFWGKTA manager Christian Clancy confirmed that there is a deal in the works with RED Distribution/Sony. Here's how he explained it:

“It’s based on getting the distribution deal we’ve always envisioned that allows the group to “sign  themselves” to their own company and keep their masters. They will have 100% creative control of all aspects of their music, art, and release schedule with no 3rd party participation in outside business. Freedom and ownership was the whole point. Red and Sony know that its in everyone’s best interest to maintain the group’s authenticity and control. They built it, they deserve it. There’s no cheesy hooks or fluorescent liquor product placements in the works..  It’s about to be fun.. and different.. “

[Rap Radar]