HOBviously, this was going to happen.

Jimmy Brooks from Degrassi AKA Audrey Graham (real name) AKA Drake on the radio, Mr. Best I Ever Had is signing with Young Money Entertainment founded by Lil’ Weezy.

How did we not know this was going to happen? They’ve been collaborating together since the beginning… Lil’ Wayne even had Drake perform with him at shows, but the two are finally closing the deal.

Word on the street is that Drake turned town a $2 million offer from Atlantic Records because Lil Wayne doubled THAT. Yeah $4 million just to sign him.

Drake’s debut album “Thank Me Later” is slated for a late 2009 release. Look out for guest appearances by Kanye West, Lil’ Wayne and Jay-Z on this album.