Chance The Rapper's longtime manager, Pat Corcoran, is embarking on a new challenge. On Monday (July 29), the Nice Work founder announced that he's struck a partnership deal with Warner Records to release the forthcoming debut project of emerging rap collective, 99 Neighbors.

"My intention was to be able to partner with a group that could allow me to work closer to the art while the label group could help amplify the distribution, marketing and promotion," Corcoran said via press release. "The strategy allows Nice Work to step fully into what we love and what we feel we do best; bringing artists and fans closer together via innovative marketing, unparalleled artist-first service and unrelenting determination to protect and promote creators who move us with their music."

99 Neighbors is a Vermont music collective headed by vocalists Sam Paulino and HANKNATIVE along with Somba on the production side. For their first move off the parternship, the group will debut a fresh single and video on Tuesday (July 30), which is titled "Fake Pods." 99 Neighbors is also slated to perform at NYC's Rolling Loud in October.

"I am so proud to partner with Warner Records and 99 Neighbors in an unprecedented, artist first, major label deal," Corcoran continued. "Proud to be a part of big changes in the music industry. Proud of the amazing art 99 has coming. Excited about the future. Excited about Nice Work. Excited about 99 Neighbors."

Keep an eye out for "Fake Pods" on Tuesday (July 30). Get familiar with 99 Neighbors here.