After months of negotiations, Dave Chappelle has signed a renewal contract with Comedy Central worth about $50 million for two seasons. The deal reportedly includes a side project which is a biography of Rick James, which Dave has lampooned in one of the funniest skits ever. Additionally, Dave will get a percentage of DVD sales and merchandising, which apparently have been very brisk in the last few months. Big ups to Dave, he’s funny as hell and deserves it.

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