Rich The Kid Says RCA Records Deal Is Worth $40M: Watch

BYHayley Hynes2.9K Views
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Laquan Smith - Front Row - September 2018 - New York Fashion Week: The Shows
Rich the Kid attends the LaQuan Smith fashion show during New York Fashion Week at Pier 59 on September 9, 2018 in New York City. (Photo by Cindy Ord/Getty Images)
The 30-year-old shared his "Motion" single along with the exciting news of his new deal on Monday.

Rich The Kid has worked with a number of record labels since his initial rise to fame a few years back. As HipHopDX notes, he signed with Republic in 2020 but didn't find commercial success until he was working with Interscope.

Aside from those two industry giants, the "Plug Walk" hitmaker has previously been working with 300 Entertainment, Quality Control Music, Rostrum Records, and BMG. Now, though, the 30-year-old is incredibly happy to be calling RCA Records his home.

The announcement came on Monday (November 14), accompanied by the rapper's first song under his new deal. Called "Motion," the song has received mixed reviews so far, though many fans are happy to see Rich looking so happy to be affiliated with a new label.

TMZ caught up with the New York native yesterday. During their chat, The Kid boldly claimed that his deal with RCA is valued at $40M. Despite this, he mostly seems eager to have a strong team working with him on his music. "It's not about the money," he told the outlet.

"Having a solid team... Sometimes the money is not the most important thing... The best label, RCA."

During the same chat with TMZ, the Boss Man artist reflected on some fond memories of his fallen friend Takeoff. The Migos member was tragically shot earlier this month and was later laid to rest in Atlanta this past weekend.

"He [was] like, 'Yo, bro. You trippin'! Chill out," Rich recalled of the Space Man teaching him how to effectively make it rain in the club.

Upon hearing the news of Takeoff's death, the "New Freezer" artist had a heartwarming tribute to share. "Today I lost more than a brother," he wrote at the time.

"My twin my best friend everything, I don’t wanna believe it I can’t. The most humble person I know we used to share shoes & clothes before we made it with no problem! I miss you already you didn’t deserve that!! I can’t stop crying I love you so much bro forever."

Listen to Rich The Kid's latest single here. Check back with HNHH later for more hip-hop news updates.

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About The Author
Hayley Hynes is the former Weekend Managing Editor of HotNewHipHop, she stepped down after two years in 2024 to pursue other creative opportunities but remains on staff part-time to cover music, gossip, and pop culture news. Currently, she contributes similar content on Blavity and 21Ninety, as well as on her personal blog where she also offers tarot/astrology services. Hayley resides on the western side of Canada, previously spending a year in Vancouver to study Fashion Marketing at Blanche Macdonald Centre and Journalism at Mount Royal University in Calgary before that. She's passionate about helping others heal through storytelling, and shares much more about her life on Instagram @hayleyhynes.
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