They workin' on another deal, they talkin' two hundred fifty
I'm holdin' out for three
Two seventy five and I just might agree

from Rick Ross (Ft. Dr. Dre & Jay Z) – 3 Kings Lyrics on Rap Genius

Meaning

Upping the ante from the last deal, LiveNation is now prepared to pay Jay-Z $250M for his next contract. Even though this is already $100M more than his last, he wants to double his previous contract, but may be willing to settle for a mere $125M more.

But Jay, do you really want to negotiate with yourself in public like this?

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