Lil Pump Reportedly Leaves Warner Bros.
Lil Pump and Warner Bros. part ways.
Despite having a successful 2017 and taking over the charts with his hit single “Gucci Gang” (which peaked at No. 3 on the Billboard Hot 100 chart), Lil Pump is now a free agent and no longer signed to Warner Bros. Pump signed to the label in early 2016 at only 16 year old. Due to the fact that Pump was a minor at the time, the contract isn’t valid.
Upon signing the contract, Pump received a $345,000 advance for his debut studio album, plus 15% of royalties from the project. The terms of the advance required 5 albums from Pump – each containing at least 14 songs on the tracklist.
Now, Pump’s entertainment lawyer John Branca and Tha Lights Global attorney Todd Rubenstein are reviewing high offers from various record labels interested in signing Pump. Lil Pump has reportedly received offers ranging from $8 to $12 million.
When Lil Pump first signed to Warner Bros., CEO Cameron Strang praised his team, “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.”
Warner Bro. has yet to release an official statement.