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Drake just earned himself a new nickname ... Certified Watch Lover, and not just any watch -- he went all out, dropping 7-figures to hook himself up on his birthday.

As you know by now, Drake turned 35 last Sunday, and while we've seen him throw himself a few parties to mark the occasion, we just got deets on the biggest (or most expensive) gift he got himself. It's a $5,500,000 watch that even the richest man in the world, Elon Musk can't buy!!!

That's because Drizzy threw down for an ultra-rare, 1-of-1 Richard Mille ... which the iconic watch designer dropped in 2019. Our Drake sources tell us the rapper went to NYC diamond district kings Pristine Jewelers, and tasked them with securing the piece.

He and Pristine founder and owner Ofir Ben Shimon posed with the loot.

You'll notice ... no flashy diamonds caked on this watch, but it is encased in sapphire crystal, and employs the incredibly complex tourbillon movement (watch people know that's a big deal).

This isn't just lavish spending on Drake's part ... it's a big-time investment. We're told when the watch was originally released it was worth $2.8 million -- now, just 2 years later, it's nearly doubled in value.

Fetty Wap was supposed to perform at Rolling Loud, but his set never happened ... and it's all because the feds grabbed him before he hit the stage.

Law enforcement sources tell TMZ, Fetty was taken into custody by the FBI at Citi Field in New York Thursday. We're told he was arrested on federal drug charges, though the specifics aren't yet known.

Fetty has mostly stayed outside of the spotlight in the last few years, so the Rolling Loud set would have been a big deal for him and his fans.

As for the rest of the festival, it wasn't without big moments on its first night. Thursday's headliner, 50 Cent, brought out DaBaby for a surprise appearance ... DaBaby's first return to the RL stage since the homophobic remarks he made at the festival in Miami.

We've reached out to a rep for Fetty Wap for comment on the arrest ... but so far, no word back.

Morgan Wallen deserves the opportunity to prove he's a changed man ... at least according to Shawn Stockman, who says the country star's probably not the only one guilty of casually using racial slurs.

That might come off as a very backhanded compliment, but the Boyz II Men singer was genuinely calling for the music biz to let up off Morgan ... when we talked to him Thursday at LAX.

As we reported, the American Music Awards banned Morgan from attending their ceremony next month, even though he's nominated in 2 categories. Shawn thinks the move is purely about optics, but adds ... at some point they gotta "let the man live" and show he's grown up and learned from his mistakes.

Speaking of mistakes ... Shawn says the industry needs to stop pretending Morgan is the only country star who's used the n-word the way he did earlier this year. Watch the clip ... Shawn was laughing as he broached the delicate subject, but only half-joking.

The Country Music Association has also yanked Morgan from the guestlist for its award show next month, but Shawn's calling for more forgiveness in the world.

DaBaby just made his return to the Rolling Loud stage for the first time since he made homophobic remarks during the festival's Miami stop ... and it's all thanks to his buddy 50 Cent.

50 was on stage at Rolling Loud New York, and brought out DaBaby as a special guest ... we’re told Rolling Loud organizers approved DaBaby’s appearance.

Rolling Loud is a significant location for DaBaby's return considering it was during his festival set in Miami back in July when he told audience members to only put their hands up to party, "If you didn't show up today with HIV/AIDS or other STDs that'll make you die in 2-3 weeks" and "Fellas, if you didn't suck a n**** d*** in the parking lot."

He later attempted to apologize, but only made things worse when he said the comments weren't aimed at his actual fans because his fans aren't, "nasty gay n****s" or "junkies." He later deleted the apology.

The fallout for the rapper was massive ... he was dropped from multiple festivals and slammed by Dua Lipa, who he had a huge single with called "Levitating."

Rock icon Todd Rundgren is about to get what some call the ultimate honor in the music biz -- induction into the Rock & Roll Hall of Fame -- and he couldn't care less, because he says the institution's a total crock.

Todd won't be saying (or singing) "Hello It's Me" to his fellow inductees -- who include Jay-Z, Tina Turner, Carole King and the Foo Fighters -- this weekend in Cleveland. He joined us Thursday on "TMZ Live" to explain why he'll be a no-show and ripped the Hall for even existing.

The way Todd sees it, halls of fame make way more sense in the sports world ... where it's all about competition, but that's just not how he views the music industry. The legendary performer and producer says, for him, music's not about being #1 -- it's just about making tunes his fans can enjoy.

Todd also echoed some of The Weeknd's complaints about the Grammys -- telling us the Rock & Roll HOF needs to be more transparent about how its "fan vote" really works. Check out the interview ... he says he, and his fans, got burned badly the first time he was up for induction.

That being said, now that TR's finally made it into the HOF, he doesn't wanna hobnob with millionaires at the induction ceremony. Instead, he wants to celebrate with real fans -- he feels the HOF honor is more for them, anyway -- which is why he'll be onstage, performing in Cincinnati.

Not everyone's ready to forgive Morgan Wallen ... the country music superstar is being blocked from the American Music Awards, even though he'll likely win a couple of the trophies.

The award show announced Thursday it's barring Morgan from attending this year's show due to that video showing him using the n-word. Reps for the show said, "As his conduct does not align with our core values, we will not be including him on the show in any capacity."

Here's the thing, though ... AMA nominees are determined purely by Billboard Chart performance, and despite the backlash against him most of the year, Morgan's album has dominated sales. That's why he's still nominated for 2 AMAs -- favorite country album and favorite male country artist.

It's unclear how producers of the award show will handle it in the likely event Morgan wins one or both categories. Remember, the winners are determined purely by fan votes ... and we know Morgan's fans have stood firm behind him all year.

Morgan has issued an apology, and did an interview with GMA back in July saying he'd been working on himself. The AMA reps say they'll "evaluate his progress in doing meaningful work as an ally to the Black community and will consider his participation in future shows."

Britney Spears has a new ally ... a Prince -- son of the late King of Pop.

Prince Jackson says he knows his dad Michael would have "wholeheartedly" supported Britney's move to end her 13-year-long conservatorship.

Prince appeared on Good Morning Britain Thursday and made it clear ... he believes his dad would have advocated freedom for his fellow pop star, saying he would want Britney to maintain control over her life.

As you may know -- but maybe not -- Michael and Britney were buds. They also had a professional intersection as well ... the 2 appeared together in a Madison Square Garden concert back in 2001 and sang "The Way You Make Me Feel."

And Brit introed MJ at the 2002 MTV Video Music Awards, saying, "So, he's my idol, the best guy in the whole world. I'm really kind of excited. I'm really nervous."

Prince hedged a bit on the #FreeBritney movement, saying, "That is a very tough question just because I don't like to put words in my father's mouth. But, knowing my father and the compassion that he had for individuals who wanted to remain in control of their own life - as it was his goal to be in control of his own life - I would think that he would be very supportive of her cause."

Gene Simmons is out with the old, and in with the VERY new after plunking down $10.5 million on a stunning modern mansion in the Hills of Beverly.

We've learned the KISS star actually got something of a deal for the 4-bed, 5-bath crib with close to 8,000 square feet of living space. The deal closed today, so Gene's personal belongings probably haven't even made it through the front door yet.

As for the home ... it's about as modern-looking as they come, with a pool complete with LED lighting, a home theater, built-in art installation and wine cellar fit to hold enough booze to get a small village wasted.

Simmons has been quite the real estate aficionado as of late ... he recently sold his long-time Beverly Hills home for $16 million and just listed his Vegas crib for $15 million.

Gene scored big on his most recent purchase, the home was first listed at $11.5 million ... so the $10.5 million Simmons paid to the former owner -- a billionaire Swiss steel magnate -- ain't too bad.

Kodak Black's failed drug tests came back positive for pot and ecstasy ... and yet he's now asking a judge for permission to hit up a big concert where drug use might be rampant.

As we first told you, the rapper violated the terms of his supervised release in his federal gun case by failing drug tests earlier this year. According to new legal docs, he tested positive for marijuana in February and then MDMA in August.

The judge ordered Kodak to complete a 90-day treatment program ... and he recently got permission to spend 30 of those days outside of Florida, after claiming it would give him a better chance at success.

Now, Kodak has his eye on a multiday music festival in New York.

According to the docs, KB asked the court to let him attend the Rolling Loud NYC music fest this weekend, and says it's strictly for business.

The judge signed off on it and gave him permission to perform at the festival -- he'll be on stage Friday in Queens -- as long as he keeps in touch with his Supervised Release Officer.

Young Thug is about that big spender lifestyle -- especially when it comes to his pal 21 Savage ... who just hit 29, and YT went all out for his very pricey gift ... some very expensive wheels.

21's birthday was on Friday, and he celebrated with a major Freaknik-themed bash in the ATL. You might've seen the awesome fire red pickup truck Thug gifted to his homey -- but what you didn't know, until now, is the whip cost $150k!!!

The price gets up there quick when it's a completely customized ride.

Roadshow International -- a luxury car dealership in Atlanta -- tells TMZ ... the truck itself is a Dodge Hellcat TRX, new models of which can range anywhere from $60k to $72k right off the lot. But, watch this video showing all the truck's features and you'll see why Thug paid way more than that.

The truck is plastered with dagger logos ... which lines up with Sav's signature face tat, which is an ode to his younger brother who was slain years ago. It also has a "21" emblazoned across the door.

Not just that, but the interior bears 21 Savage's face too ... a rendering of himself is stitched right into the upholstery of some of the seats -- so there's no question whose ride this is.

E-40's giving new meaning to his classic track "Yay Area" ... which now could refer to the gourmet meats and burritos he's serving up as he enters the food biz.

That's right, E's got a new handle now -- the Goon With the Spoon -- to go along with his new line of work ... and the rap icon tells us he's not just putting his name on the product, he's taking a totally hands-on approach.

He says he was inspired by attending lots of gourmet food events -- including some Bay Area tailgating at sporting events -- and decided it was time to expand. As you probably know, E-40 jumped into the liquor biz last year with his own tequila and sparkling wines.

He's kicking off his meat game with several different sausages -- mild beef, spicy beef, chicken teriyaki pineapple and chicken Philly cheesesteak.

J Balvin is issuing a mea culpa for a music video of his that portrayed Black people -- especially women -- as animals ... namely, dogs ... who were literally on all fours.

The Colombian reggaetón star took to IG to apologize for the controversial visual offering of his track "Perra" with Dominican rapper, Tokischa, who's of African descent herself. The track's all about how she (Tokischa) is a dog in heat ... and looking for a male to bang.

Naturally, the video would be provocative ... but it seems Balvin and co. went all in on the canine theme -- getting a lot of their dancers/background actors in animal-style makeup, in which many of these folks of color were made to look like actual pooches.

Not just that, but some of the Black people are in cages at certain points, Tokischa is depicted in a dog house throughout the video and eating from a bowl ... and the most striking image is when J Balvin himself is walking a couple of Black ladies on leashes.

The project was slammed by several critics, but the biggest may have been Colombia's very own Vice President and Chancellor Marta Lucia Ramirez ... who deemed it sexist, misogynistic and flat-out racist. After all the backlash -- it was taken down by Balvin.

In his video, Balvin says he's sorry to anyone who was offended ... especially women, and especially Black women. He says he didn't mean for it to be interpreted as degrading -- noting he was simply trying to help give some shine to an up-and-coming artist in the Dominican Republic.

Balvin says his work has always been about tolerance, love and inclusivity -- and after hearing how it affected people ... he felt the need to come on and address it on camera.

The guy even apologizes to his own mother at one point ... so you can tell he's taking it seriously. While the video was removed from YouTube ... the official audio is still up.

Ed Sheeran is hitting the pause button, because he says he's tested positive for COVID-19 ... which disrupts a few things in his immediate future.

The singer made the announcement Sunday on Instagram, writing ... "Hey guys. Quick note to tell you that I’ve sadly tested positive for Covid, so I’m now self-isolating and following government guidelines."

He adds, "It means that I’m now unable to plough ahead with any in person commitments for now, so I’ll be doing as many of my planned interviews/performances I can from my house. Apologies to anyone I’ve let down. Be safe everyone x"

It sounds like the guy will be well enough to carry on with some scheduled responsibilities -- of which we're sure there's quite a few, seeing how Ed's new album is due out next week.

Speaking of one of those commitments, 'SNL' just announced yesterday that Ed would be the musical guest alongside host Kieran Culkin for Nov. 6's episode -- but it's unclear if he'll be able to make that or not ... it's 13 days away, and he could presumably be well by then.

Ed is also supposed to be appearing on "The Voice" this week as a musical mentor -- but they seem to have taped his segment well before this diagnosis. No word if he was planning on making an in-person visit as well -- but if so, that's almost certainly off now.

Kane Brown hurt himself while performing live in Tennessee, but he carried on anyway and finished his show like a trooper ... because, hey, sometimes it be like that, right?

The country star was in Memphis Saturday night, belting out songs at the FedEx Forum -- when, at some point, he hopped down to the lower front stage area ... and appears to have twisted his ankle pretty badly, to the point that he had to hop down completely.

You can see he's in serious pain as security attends to him ... this while the band continued playing for a solid 30 seconds or so. Eventually, they stopped -- as it was clear Kane wasn't coming back on stage anytime soon.

The guy had to be helped up and escorted around -- but he didn't pull the plug on the concert ... quite the opposite, KB got himself together and went back up there anew.

It sounds like the rest of his set was a little choppy at times -- some folks claim the guy was stumbling a bit up there after deciding to push forward, and was even tearing up at one point ... so say some eyewitnesses. Still, despite that, Kane did indeed tough it out to the end.

The ankle injury was about as bad as it sounded and looked to spectators, because Kane took to IG afterward and filmed his foot ... which was swollen like a balloon.

There's another tour stop that he's supposed to be at tonight, and some fans were wondering if the event was canceled over this -- which is reasonable ... the dude's legit crippled, it seems.

Drake's birthday comes just before Halloween, so he combined the 2 Saturday night for a big costumed-themed bash that was all about the cartel!!!

The party went down on a gigantic sound stage at Goya Studios, and all sorts of folks showed up in costume. Now 35-year-old Drake dressed up as a cowboy/kingpin ... complete with a leather fringe jacket and the obligatory hat.

As for who showed up ... Offset, Jack Harlow, Larsa Pippen, Kawhi Leonard, Luka Sabbat, Future, 24kGoldn and many more of his famous pals.

Oh, and of course ... Drake's dad, Dennis Graham.

Drake was joyful as his friends and fam belted out "Happy Birthday" at the Chico Amante-themed bash. FYI ... the translation of Chico Amante is lover boy. A nod to his latest album, "Certified Lover Boy."

Jay Black, who fronted the '60s hit group Jay and the Americans, has died.

Jay sang some big hits for the group ... the biggest of which was "This Magic Moment."

The band posted the death notice on its Facebook page ... “Today, we mourn the passing of David Blatt a/k/a Jay Black and we acknowledge the great successes we had with him both as a partner and as a lead singer,” a spokesperson wrote. “We shared both wonderful and very contentious times, and much like an ex-wife, we are so proud of the beautiful children we created. We’ll always remember The Voice.”

The group was big when England took over American music ... in case you didn't catch it, Jay and the Americans are Americans.

They were big enough to open for The Beatles in 1964 at their Washington D.C. concert.

Among the other hits ... "Come a Little Bit Closer," "Blockbusters," "Cara Mia," and "Walkin' in the Rain."

The Facebook reference to "The Voice" is his nickname coined by his bandmates.

Jay and the Americans was at the height of its output in the 1960s, officially disbanding in 1973.

Jay continued to perform long after the band broke up ... all the way up 'till 2017.

He is survived by 4 children, 5 grandchildren and 2 great-grandchildren.

Jay was 82.