Lil Pump is now officially signed to Warner Bros. After his first contract did not go thru due to him being a minor, it worked out in his favor and gained him a bigger following and more money.
According to TMZ
Warner Bros agrees to pay Pump an $8 million advance, and then $9,000 for the first year, $12k for the second and $15k for the 3rd through 7th contract years.
As for royalties, this is where Pump can score, getting 14% in the U.S. There are other royalties that are even higher. There are provisions that give him up to 66% in royalties depending on the format.