Nelly Gets $50 Million Deal for Half of His Music Catalog

again, 'cause the dude's about to get a helluva lot richer after selling the rights to half of the music he's cranked out ... including his biggest hits.

We're told Nelly is teaming up with a company called HarbourView Equity Partners for this, which is forking over the dough to lock up some of his best-known songs ... such as,"Ride Wit Me,""Dilemma" and of course,"Hot in Herre." Obviously they're getting more than just that ... but those tracks are, by and large, the ones Nelly's perhaps best-known for.

No word yet on which parts of Nelly's catalog -- besides the above-mentioned singles -- now belong to HarbourView ... but considering the wide range of tunes he has under his belt ... you gotta figure there's more goodies in the vault that they'll now have a claim to.

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