Lil Pump became a free agent after his record deal with Warner Bros imprint Tha Lights Global was voided because he was underage when he agreed to it.
His people were said to be seeking a new deal in the neighborhood $8 million an album, although industry sources believed he was more likely to get $3-4 million per.
Last month, Gucci Mane made it clear he wanted to sign the teenager.
Now it looks like that's what happened, as Pump's management has revealed he's now on Gucci's 1017 Eskimo label.
Financial terms haven't been disclosed.
But it's another indication that Gucci is flush in post-prison cheddar.