Rapper Tyga has reportedly signed a record deal with Columbia Records reported to be worth several million dollars.

"They definitely understand the global brand," he said in a statement to Variety about the new deal.

"I have a lot of fans worldwide — in places I've never been like South America, and in places I have been like Asia and Europe. They can help bring that to a larger scale. Doing it independently, you don't really have those teams to help worldwide. Sony, if you look at the history from what they've done from Pharrell to Beyonce to Adele — then you look at Lil Nas X, one of their new artists that's blown up this year — they've done a lot for artists globally, for their brand. That's why I wanted to partner up with them."

Tyga had been signed to Cash Money for years, but spent much of that time in court with Birdman, claiming that he did not receive his royalties despite racking up some major hits such as "Rack City,""Faded" and "Still Got It."

Although the details of the deal have not been released, reports are claiming that the rapper's deal could be worth as much as $41 million.