Lloyd Banks Signs Deal With EMI

'Fans can expect The Hunger for More 2 on November 23,' Banks announces on 'RapFix Live.'

It wasn't LeBron James' "Decision," but [artist id="1245018"]Lloyd Banks[/artist] had fun on "RapFix Live" relaying info about his new record deal.

"I decided to take my talents to EMI," the Queens rapper told MTV News' Sway, putting his twist on King James' spiel. "[Fans] can expect The Hunger for More 2 on November 23. On G-Unit/ EMI."

The announcement comes after a brief independent period for Banks.

Banks was signed Interscope Records after 50 Cent's ascent, joining Eminem and Dr. Dre on the roster and solidifying it as one of the most dynamic hip-hop entities in the music industry. But after a disappointing sophomore set, which included records leaking long before the release date, Banks parted ways with his recording home. He was still aligned with G-Unit Records, however, just without distribution.

But earlier this year, after he dropped "Beamer, Benz, or Bentley" featuring Juelz Santana, major labels starting courting him once again.

Banks passed up offers from Interscope and Def Jam, though the latter label featured newly minted executive appointee Sha Money XL, who once served as the president of G-Unit.

"I just came out of a situation with Interscope, and being there for years and knowing what it feels like to go through the shakiness in the system when priorities get shuffled," Banks explained of his decision to avoid a long-term contract. "So, not really excited to jump into a situation where I have a requirement for a few albums."

The G-Unit rapper thanked his fans for supporting him during his independent run via iTunes purchases of "Beamer, Benz, or Bentley" and "Officer Down."

He declined to confirm whether his G-Unit cohort Tony Yayo would join him over at EMI, but a press release sent out shortly after the "RapFix Live" webcast announced that Yayo would also release a project on the label next year.

What do you think of Lloyd Banks' decision? Sound off in the comments.