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

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

According to recent reports, rapper Lil Pump has just signed a new record deal with Warner Bros. This marks the second time Pump has signed with Warner Bros., however his initial contract was voided due to the rapper being underage at time (16) and was never validated by the court.

Now according to the new deal, Warner Bros. Records has agreed to pay Pump an $8 million advance. After that, Pump will allegedly receive $9,000 in the first year, $12,000 the following year, and $15,000 for the third through seventh contract years. As for royalties, Pump 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.”