Rapper competition, wrapped up my position

from TDE (Ft. Ab-Soul, Isaiah Rashad, Jay Rock, Kendrick Lamar & ScHoolboy Q) – BET Cypher 2013 Lyrics on Rap Genius

Meaning

In the competition of rappers, Jay Rock has wrapped his position, so he’s very comfortable to know he is among the elite of his rap peers.

This is also word play on “wrapped”/“rapped” up my position, so he rapped himself further up the totem pole.

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