Lil Pump signed a 7-year ($8M advance) deal with Warner Bros.

JordanWearinThe45

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Lil Pump just got a recording contract with Warner Bros. Records and this time it looks like it's going to be binding.

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.

As for royalties, this is where Pump can score, getting 14% in the U.S. There are other royalties that are even higher. There are provisions that give him up to 66% in royalties depending on the format.

Lil Pump Inks New $8 Million Recording Contract with Warner Bros.
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L&HH

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he signed back with them?
Apparently he tried to sign somewhere else and Warner blocked the deal. They were going to take that shyt to court. My guess is his people's realized he's hot right now and they wasn't going to let this turn into a 5+ year Wayne/Birdman situation
 

UWasntThere

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:flabbynsick: Is it just me or did 6ix9ine kill his hype?

It's you. I understand the hype behind Pump, 69 is just a fakkit pedo.

That's a horrible deal though. He should have taken less money for a shorter contract, but it's not really my problem so :yeshrug:
 

UWasntThere

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Damn WeTheBest was on him heavy too.. smh idiot:hubie:
Exactly. These artists are getting dollar signs in their eyes and making short sighted plays. Their manager should be directing them, but shyt...15% of 8 mil will do that to you. Khalid could get any any guest spot he wanted and the connections he has in the industry are priceless.

Maybe he really is as ignorant as he raps
 

Kilgore Trout

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It's you. I understand the hype behind Pump, 69 is just a fakkit pedo.

That's a horrible deal though. He should have taken less money for a shorter contract, but it's not really my problem so :yeshrug:


Pump has been quiet since gucci gang


6ix9ine took his spot for now


Pump has the cac fan base tho

Pump is basically a more white 69
 
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