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Eminem new album release date news 2016: Album delay due to financial problems or lack of inspiration?

Promotional image for Eminem's seventh studio album "Recovery" | Facebook/eminem

Despite Eminem's appearance in Drake's recent Summer Sixteen Tour in Detroit, the rumor mill continues to churn speculations of an Eminem-Drake feud. Lately, rumors suggest that Eminem is currently working on an album, mainly to diss Drake.

For the uninitiated, the alleged feud began when Joe Budden, a member of the Eminem-signed hip-hop group Slaughterhouse, started insulting Drake's album "Views." Adding fuel to the fire, Hot 97 radio host Ebro Darden insinuated a rap battle between the two legends.

What started as a rap battle rumor escalated to a full-fledged album meant to diss Drake. After having been dragged into Budden's mess, "The Real Slim Shady" rapper debunked all those feud rumors when he appeared in Drake's concert in Detroit. Nevertheless, some sources can't seem to believe that both rappers are in good terms.

Although Eminem has yet to confirm that an album is in the works, people believe that his appearance in Drake's concert is an indication of his return to the rap world.

On the other hand, reports are suggesting that the album is in development but is delayed due to financial problems. FX News Call points out that Eminem is no longer featured on the Forbes list of top 100 earners. The rapper consistently appeared on the list. Previously, he was ranked as the 85th top earner.

Another theory surrounding the album delay is the lack of inspiration. Eminem reportedly plans to move to England to find inspiration and ultimately finish his album. Moreover, a source suggests that the rapper could be busy with other projects, writing original soundtracks for various movies.

There are a variety of rumors circulating. Reports about a 2016 album release have amplified through the weeks but neither the rapper nor his team has commented on the issue.