Trippie Redd took to Instagram on Wednesday (March 2) night to reveal that he signed a $30 million deal with Elliot Grainge's 10K Projects. In the post, Trippie wrote, "Just signed to @elliot for 30million. Now it’s time to start dropping ALLTY5 Songs." Trippie is referring to his upcoming album, A Love Letter To You 5.

When commenters began questioning details about the deal and asking if he was stuck in a bad contract for the next 10 years, Trippie revealed that the deal is for 3 albums over the next 3 years. In a separate post, Trippie also revealed that he's now charging $250,000-$400,000 for his shows. He joked, "250k - 400k each show that I’m booked for I feel grown need a mustache," which featured a picture of him with a mustache photoshopped on his face. You can check out both posts above.