Music Biz- Rapper Logic Confirms A $30 Million Dollar Deal with Def Jam. Now That’s a lot of money for a Record Deal these days. So Lil Pump just signed an $8 Million dollar deal now Logic renegotiate his contract and gets $30 mill. Nice work!
While recently speaking with Beats 1 host Zane Lowe, the 28-year-old rhymer revealed that he made a deal with his label for a whopping $30 million.
“When I first signed my deal, the advance was like 200 grand,” said Logic. “So going from Section 8 and food stamps and welfare to 200 grand was life-changing, but the life change I’m talking about is the $30 million-dollar deal I just signed. That s**t freaked me out. I felt like a target, like that was the moment I felt like oh my god.”
Logic first mentioned his monster new deal on the track “Wassup” off his recently dropped mixtape Bobby Tarantino II. “I just updated my old deal,” he raps on the song which features Big Sean. “Told Def Jam no less than 20 mill…and they cut that s**t!”
Continuing, he touched on how the fortune immediately changed his outlook.
“I woke up and was like ‘Oh, I don’t have to do anything for the rest of my life’…Now I want to make music and have fun.”
Check out the video interview above
