New York, NY. December 7, 2000 - In an exclusive live webcast on Y2G.COM, FUBU's urban lifestyle web site, LL Cool Jay stated he expects to part company with Def Jam Records - ending a relationship that lasted 15 years.

During Y2G.com's live and exclusive webcast, LL Cool J indicated his strong intentions of parting ways with Def Jam by saying, "Right now Def Jam and I are figuring out where we're at. My contract is basically up. And we plan on just seeing what's going on. It looks like I'm going to be moving on. Where I'm going to go I don't know. How it's going to work out I don't know. It's not any bad blood. It's not negative. It's not like I hate them or they hate me. We did what we did for a very long time. It's time for us to change the sheets on the bed. Nothing like crisp sheets to make you feel fresh again. That's part of it. You gotta grow. Def Jam is a great label and they'll continue to have success. I plan on having success, god willing….As long as people know that it's nothing negative. It's positive. We plan on seeing what we're gonna do. They've agreed to let me go and I've agreed that I would like to leave. I've expressed that wholeheartedly."

Y2G is a celebrity driven, e-commerce powered portal geared toward the interests of the urban and African American community. The site was recently named among the top 5 delivering the 18-34 year old urban market attracting close to half a million viewers monthly.

LL Cool J's recent album, "The GOAT", was recently certified Gold by the RIAA.

See LL Cool J's webcast on http://www.y2g.com