Music icon Bruce Springsteen sold the rights to his music catalog to Sony Music Entertainment for $500 million, likely the largest transaction ever for a single artist's catalog, according to reports.

The sale included both Springsteen's recorded music and his work as a songwriter. Springsteen has worked with Columbia Records, an imprint of Sony where he recorded hits such as "Born in the U.S.A.," "The River," and "Born to Run," for the entirety of his roughly 50-year career.

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Springsteen, 72, joined the ranks of Bob Dylan, Paul Simon, Neil Young, and Stevie Nicks, who have all sold the rights to their complete work recently. Dylan sold his songwriting catalog to Universal Music Publishing Group for approximately $375 million last year, according to Billboard.

The performer, known as "the Boss," gained access to his own records during a re-signing in the 1980s and 1990s, after the boom of CDs caused sales to skyrocket. Over the course of his career, Springsteen won 20 Grammys, as well as earned nominations for 50, and won two Oscars and one Tony. He has sold over 65.5 million records, according to the Recording Industry Association of America. His most recent album, Letter To You, was released in October of 2020.

Springsteen most recently performed at the 20-year anniversary of the 9/11 attacks, and his Broadway concert residency, Springsteen on Broadway, reopened in June after the theater district closed amid the pandemic.

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Sony Music CEO Rob Stringer said in May that the company had spent $1.4 billion on purchasing music in the previous six months. Included in the $1.4 billion was the acquisition of Simon's catalog for $250 million.

Neither Sony nor Springsteen released any statements on the sale by the time of publishing.