Jay-Z is planning to finalize a book deal with Random House imprint Spiegel & Grau, according to the New York Observer.

While Jay's literary agent Matthew Guma had no comment about upcoming deal, the Observer claims the book will investigate the Brooklyn hip-hop mogul's lyrics, with Jay giving background information and a kind of behind-the-scenes take on his rhymes.

Though Guma allegedly approached the publisher about releasing three books initially; a memoir, a book on business and the final volume focusing on Jay's lyrics, only the latter was acquired.

This will be Jay's first authorized book, but not the first time he's gone through the motions. In 2003, Hov had a deal with MTV books to pen a memoir as prelude to 'The Black Album,' with journalist Dream Hampton. Unfortunately the book was shelved due to Jay's concern about putting his personal life down on paper. "I know that people really want to know about me," he told Rolling Stone at the time, "and I thought I was OK with it, but as it got closer and closer, I said, 'What am I doing?'"

Jay's new album 'The Blueprint 3' will be in stores Sept. 11, 2009.