Lil Pump According To Reports, Signs New Deal With Warner Bros
Back in the same place where you started.
Lil Bomb is back where he started. The "Gucci Gang" rapper, has reportedly signed a deal with Warner Bros Records, ending a bidding war for the teenage sensation.
The bomb became a free agent in January, when his original deal with Warner Bros has been cancelled because it is a minor and was not validated by a court. The annulment made him one of the most sought after artists with DJ Khaled and Gucci Mane, expressing their interest in signing him.
According to TMZ, the Pump received an $8 million advance as part of his new deal. The seven-year contract, according to reports, starts at $9000 in its first year, before rising to $12,000 in the second. The pump will win $15,000 each year for the rest of the duration of the contract. He will also receive 14% of their copyright in the united states
HipHopDX has reached out to representatives of the Pump and Warner Bros for more explanations about the story. Keep it locked to HipHopDX as this saga is still in development.