Will Drake's new album be his final one with Cash Money Records? Pictured: Drake performing at the iHeartRadio Music Festival on Sept. 23, 2016 in Las Vegas. Getty Images/Kevin Winter

On Sunday, Drake revealed a new album releasing in December. The Toronto rapper took to his OVO Sound radio show to announce “More Life,” which he says is more of a playlist than an album. Regardless of what the project is, Ebro Darden of Hot 97 believes it will be Drake’s last project with Cash Money Records.

“The illest piece of the Drake album dropping in [December] is his Cash Money deal will be over… Whoa!” Ebro tweeted. “Mad people finishing their deals in the next [18 months]... Interesting.”

Although Ebro is an industry veteran, his claims were quickly refuted by DJ Folk, another industry veteran who once worked at Cash Money Records. “Not entirely true there’s a wrinkle in that what they counted because two didn’t count towards that fulfillment under og terms,” wrote DJ Folk.

It’s not the first time people assumed a new Drake project would signify his last Cash Money release. When the rapper released “If You’re Reading This It’s Too Late,” many thought he was done with Cash Money.

But according to DJ Folk, “IYRTITL” and “What a Time to Be Alive” did not count as albums towards Drake’s Cash Money contract. “It’s a 6+ plus 1 and [‘What a Time To Be Alive’] and [‘If You’re Reading This It’s Too Late’] ain’t count from last year,” tweeted DJ Folk. “I’m looking at amended [Cash Money, Young Money, Universal Music Group contracts] based thru this Apple deal.”

DJ Folk also said that with some inside knowledge he has of Cash Money Records, Drake’s deal may an eight album deal. “Knowing Cash Money deals it’s a 6 + 1 + 1 first rights refusal type of deal at that.”

Drake has already released three songs from “More Life” — “Sneakin’,” “Fake Love” and “Two Birds, One Stone” — and has said the project will also include music from other artists on his OVO Sound record label.