Trippie Redd Has Signed a Three-Album Deal for $30 Million USD
The rapper also announced that he has raised his performance rate.
Trippie Redd on Wednesday announced that he has signed a $30 million USD deal with Elliot Grainge’s 10K Projects label. According to the 22-year-old rapper, the deal will last three years and include three albums, beginning with A Love Letter To You 5.
“Just signed to @elliot for 30million,” the rapper wrote on Instagram. “Now it’s time to start dropping ALLTY5 Songs.”
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In the comments, Redd responded to an account inquiring about the length of the deal, confirming that the contract includes “3 albums for 3 yrs.” Additionally, the rapper revealed in another comment that the $30 million USD figure only represents “the label bag” and does not include touring, merch or sponsorships.
Along with the deal, Redd announced that he has raised his performance rate, revealing that he now charges $250,000 USD to $400,000 USD for shows.
“250k – 400k each show that I’m booked for I feel grown need a mustache,” he wrote in an additional Instagram post, featuring an edited mustache on his upper lip.
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A Love Letter To You 5 will mark Redd’s latest ALLTY effort. Details on the project are scarce, though the rapper has shared various clips from unreleased tracks via social media.
Elsewhere in music, The Weeknd has unveiled his After Hours Til Dawn North American tour dates.
