LiAngelo Ball's officially a signed artist -- he inked a deal with Def Jam following the massive success of his viral song, "Tweaker."
Gelo's contract is with Def Jam and Universal Music Group ... and while initial reports say it's worth $8 million, our sources say that is not true. According to insider Shams Charania, Gelo will own all his music (a huge win in the industry) as well as his own label.
Gelo has found a new lane after pro hoops -- and if the reception from his first track is any indication of how his rap venture will go, he's no one-hit wonder.