Cash Money Records is known for actively recruiting new talent, but it still came as a surprise when the label announced it had signed popular ’90s rap/rock group Limp Bizkit back in February. Now that the initial wave of surprise has subsided, frontman Fred Durst maintains that the label is “a perfect fit” for Limp Bizkit.

Durst — who still dons his signature red baseball cap but now accentuates it with YMCMB gear — is looking forward to starting a new chapter in the group’s storied history. And despite the confusion that followed their signing to one of hip-hop’s biggest labels, he sees only big things on the horizon.

“Limp Bizkit, we were pioneering something of our own, sort of a revolution back in the day, and with Birdman and Slim, they really recognized that,” Durst told MTV News, explaining why the Cash Money CEOs took interest in the group. “They feel that spirit and that power, and they wanted to give us an opportunity to be ourselves and take it to the next level. That’s what YMCMB is all about.

“They empowered us as artists to have no limits and to be who we are,” he continued. “They just let us do what it is we do, and I really respect their work ethic. I love their music, and I’ve been a fan. To be a part of the family, it just feels like the only place that’s a perfect fit for Limp Bizkit and myself. It’s a polarizing statement, but at the same time, it’s a big deal.”

Limp Bizkit made a splash in the late 1990s, releasing their debut album Three Dollar Bill, Yall$ in 1997, following up with Significant Other in 1999 and Chocolate Starfish and the Hot Dog Flavored Water in 2000. A few of their most popular singles to date include “Nookie,” “Break Stuff” and a cover of George Michaels’ “Faith.”

LB dropped their most recent album, Gold Cobra, in 2011, and according to Durst, they plan to roll out several singles over the next few months, until they’ve gathered enough material for a full LP.

What do you think of Limp Bizkit’s signing to Cash Money? Let us know in the comments!