Cleveland rapper Bizzy Bone is close to signing a deal with legendary New Orleans powerhouse, Cash Money Records.

While details are not available at press time, a source close to the negotiations revealed that the pair will reach a deal that will see Bizzy Bone release at least one album on the Cash Money imprint.

Bizzy Bone is a member of Bone Thugs-N-Harmony and is featured on their latest album Uni-5: The World’s Enemy.

However, the rapper did not tour with the group during their highly anticipated reunion tour.

In an interview with AllHipHop, Layzie Bone discussed Bizzy absence.

“He has other obligations and we had a difference of opinion on how much we should get for this tour,” Layzie Bone told AllHipHop.com in March of 2010 “We looked at it like promo tour, he looked at it a little differently, which is cool, because his arrangement doesn’t require him to be there. He’s still a 1/5th member of Bone. We been together for 18 years now. We are all grown men, so we all have different arrangements within the Bone structure. The main thing about it, we don’t ever give up.”

Bizzy Bone refuted Layzie Bone’s claims and stated he wasn’t offered an opportunity to tour with the group.

“It don’t got nothing to do with the money because I never got the opportunity to get that far,” Bizzy Bone claimed in an interview later that month.

More recently, Bizzy revealed that he was working on a heavy metal album titled Crossroads 2010, which will feature hardrock remakes of some of the Grammy Award winning rapper’s hits.

The album is due out August 24th on Sumerian Records.