The late King of Pop reigns in historic record deal

Los Angeles, CA (WSFA) -- Michael Jackson's estate signs the largest recording deal in history.

Sony music has agreed to pay the late King of Pop's estate between $200 and $250 million for 10 projects over the next seven years.

The first album, containing previously unreleased material, is set to be released in November.

More details of the contract are expected to be released later today