SEE HOW MUCH HE SIGNS FOR!!!
The “Gucci Gang” rapper has officially signed a contract with Warner Brothers Records for $8 million dollars.
He was once signed to the major label however, the contract ended because it was deemed invalid since he was minor. As well, it was never validated by the court. Now that he is of age, his contract entails that he is to receive $8 million up front.
Within the first year his pay will increase by $9k. The second year will be increased by $12k and$15k for the third through the 7th year of the contract. He is also expected to receive 14% of royalties in the U.S.
Lil Pump is about to be collecting these coins! Congrats to Lil Pump!