Moneybagg Yo Signs with CMG, Yo Gotti Brings Him $200,000 Cash

Moneybagg Yo Signs with CMG, Yo Gotti Brings Him $200,000 Cash

With his rap hustle paying off even further, underground Memphis rapper Moneybagg Yo was just hand delivered $200,000 cash from the self-proclaimed King of Memphis Yo Gotti for signing with Gotti’s Cocaine Muzik Group label.

Moneybagg has been making major noise for the town for some time now. So to make the deal official, Gotti pulled up on the rising rap star with a big paper bag filled with smaller paper bags, plastic bags and even a garbage bag full of Andrews, Hamiltons and Franklins and dropped off the bundle of bills to him.

See more of the transaction below.

Moneybagg Yo started buzzing with the release of Trappin Out Da DJ Booth: All Gas No Brakes and Strictly 4 The Traps N Trunks 108 mixtapes. And he recently dropped singles “Prayers” with Yo Gotti and “I Need A Plugg” with Young Dolph. Even though he’s reaping the rewards for his hard work, it hasn’t come easy for Moneybagg.

See below for more reasons why Moneybagg has become the hottest new sensation out of Memphis.

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