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According to Tmz,

Lil Pump has signed an 8 million recording contract with Warner Bros. Records. Interestingly, this is the second offer from Warner Bros. Records due to the fact they couldn’t sign Lil Pump because of his age at the time (17 yrs old minor) and it was never validated by the courts. 

Here’s the breakdown of the contract…

Warner Bros. Records will pay Lil Pump an $8 million advance, then $9,000 for the first year, $12k for the second and $15k for the 3rd and each year over in the course of  7 years things will increase. This isn’t even including royalties!

Get Paid Lil homie, get paid!