Lil Pump Reportedly Signs $8 Million Record Deal With Warner Bros.

Lil Pump will now have the chance to purchase even more Gucci ‘fits as the rapper has reportedly signed a record deal with Warner Bros.

According to TMZ, the deal will grant the Florida rapper a cool $8 million advance. After that, he will allegedly receive $9,000 in the first year, $12,000 the following year, and $15,000 for the third through seventh contract years. While the contract appears to be binding, it’s the royalties that can bring Lil Pump rewards. He will earn 14 percent in the United States and also have “provisions that give him up to 66 percent in royalties depending on the format.”

This deal would actually mark the second time Lil Pump has signed to Warner Bros. His self-titled debut album was released through the label last October, which debuted at No. 3 on the Billboard 200 chart. But his contract was reportedly made void in January due to the rapper being underage at time of signage (he was 16 years old) and it was never certified by the court.

Source: complex

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