"I have been with Def Jam from the very beginning and am proud to be a part of their ongoing growth and success," the artist told Billboard. "Together, we paved the way for an entire hip-hop community and I am blessed to continue to call Def Jam my home."
LL's most recent studio set, "10," debuted last November at No. 2 on The Billboard 200. The rapper scored his biggest hit in six years with "Love You Better," which reached No. 4 on the Billboard Hot 100. He also appeared on Jennifer Lopez's No. 1 hit "All I Have."
"LL is one of urban music's greatest architects," said Def Jam president Kevin Liles.
Also a veteran of nearly 20 film roles, LL will next be seen in "S.W.A.T.," which opens Aug. 8 in U.S. theaters.