It boggles the mind that Lil Pump, the rainbow-haired upstart rapper that you might know from the infectious song “Gucci Gang,” got signed to a major label at the age of 16. It’s even crazier that, less than a year later, he may have broken that contract to look for other offers.
Billboard reported on Thursday that Pump and his management team, Tha Light Global, are currently looking for a new record contract. Hits Daily Double first reported the rumor, writing that entertainment lawyer John Branca sent a letter to Warner Bros. on behalf of Pump to nullify the young rapper’s record deal, because it was signed while Pump was a mere 16 years old.
That might sound ridiculous—getting signed by one of the three major labels is a dream come true for many budding artists, and Pump presumably knew what he was doing, even if he was just a teenager—but the gist of matter is that when a minor signs a contract, they may be able to break it before they turn 18.
How exactly did Warner Bros, the label that signed Lil Pump last year, lose one of the hottest rappers in the game? My hunch is that last June, when Lil Pump signed with Warner, neither party thought that the rapper would take off in such a dramatic way. Lil Pump’s self-titled debut album was a Top 5 album of the Billboard 200, his song “Gucci Gang” recently peaked at No. 3, and he currently boosts nearly 8 million Instagram followers.
Now it seems that the rapper and his team are looking for better offers. Variety reports that there are rumors that he could get a deal worth $8-$12 million. If Warner Bros. wants to keep the upstart Florida rapper, they may have to start writing some larger paychecks.
We reached out to Pump’s management team and will update this post with any comment.