17 YEAR OLD LIL PUMP SIGNS 8 MILLION DOLLAR RECORD DEAL

This is the second round of trying to have a valid arrangement between Warner Bros. Records and Pump. The first contract was invalid as it was not validated by the courtroom and he is only -- 17 years-old.

According to the arrangement, Warner Bros.. Records agrees to pay Pump a $8 million advance, and then $9,000 for its first year, $ $12k for the next and $15k to the 3rd through 7th contract years.

In terms of exemptions, that is the area where Lil Pump may score, getting 14 percent in the U.S... There are other royalties that are higher. There are terms that provide him up to 66 percent in royalties depending upon the arrangement. Records and this time around it look like it's going to be binding.

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