Following a huge breakout year in 2017 that saw Lil Pump's hit song "Gucci Gang" crack the top 3 on the Billboard Hot 100 charts, the rapper is reportedly no longer under contract with Warner Bros. Records.
Hits Daily Double reports that the 17-year-old's deal was signed when he was still a minor, meaning it couldn't be ratified. Now, his legal team is fielding offers from multiple major labels, and some rumors suggest the proposed deals are in the range of $8 to $12 million.
In December, TMZpublished a report that revealed Pump had received a $345,000 advance on his debut album. In addition to 15% royalties from the project, the advance came with a few stipulations, including the requirement that Pump included at least 14 songs on the tracklist.
Former Warner Bros. chairman and CEO Cameron Strang was on record last year praising his team and their savvy signing of Lil Pump, telling Billboard, "They're innovative spirits, and they don't take no for an answer. Pump is an incredible artist; he's got fantastic charisma and a huge personality, with lots of talent and no fear."
Neither Warner Bros. Records or Lil Pump have publicly responded to the rumors that his contract has been terminated.
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