Lil Pump’s $8 Million Deal Cracked Open, Warner Bros. Exec’s Pumped Up: “Can’t Wait To Unleash His Powerful New Music On The Masses”
14 March 2018 News
Florida rapper Lil Pump is really sitting on $8 million. Warner Bros. Records has confirmed the hip-hop protégé is officially back with the hometown.
According to new reports, Pump’s decision to stick with Warner Bros. Records secures him the hefty deal which covers two albums.
WBR Co-Chairman/COO Tom Corson counted his team “thrilled” over the new pact, adding, “We can’t wait to unleash Pump’s powerful new music on the masses.” Dooney Battle, who heads Pump management entity Tha Lights Global, praised the 17-year-old rapper’s “star power” and predicted more stratospheric success to follow the platinum smash “Gucci Gang” and Pump’s self-titled debut album, which dropped last fall and has pumped up some 650k all in, with gigantic streams. (HITS Daily Double)
Yesterday, buzz developed about Pump getting a monster record contract with the major label.
This is the second round of trying to get a valid contract between Warner Bros. Records and Pump. The first contract was invalid because it was never validated by the court and he’s a minor — 17 years old. According to the contract, Warner Bros. Records agrees to pay Pump an $8 million advance, and then $9,000 for the first year, $12k for the second and $15k for the 3rd through 7th contract years. (TMZ)
Once the news went viral, Pump came forward to confirm the $8 million deal and clarify its terms.
“Man, I don’t know where y’all heard all that other bullsh*t. I got $8 million for one project and that’s it! I see y’all pretty mad but your favorite artists ain’t getting 8 million for a project.”
— SOHH (@sohh) March 13, 2018
Last weekend, Pump credited himself and rap trio Migos for running the rap game.
“Migos and Lil Pump run the culture. And if you feel some type of way suck my d**k. I guess y’all feel some type of way. Suck my d**k.”
— SOHH 2.0 (@sohhdotcom) March 12, 2018