Complex sentence: In December 2012 it was rumored that Joey Badass would be signing to Jay Z's Roc Nation record label, but in January 2013, he dispelled the rumors saying he would rather stay independent than sign to a major label for the time being.
Split into simpler sentences: In December 2012 it was rumored that Joey Badass would be signing to Jay Z's Roc Nation record label. However, in January 2013, he dispelled the rumors saying he would rather stay independent than sign to a major label for the time being.