Columbia Records Deal Pays Jessica Simpson 35 Million

Jessica Simpson has reportedly signed an incredible multi-million deal to sray with her recording label. Simpson signed an astounding $35 million deal to remain with Columbia Records, the label she’s been with since 1998, according to the Toronto Fashion Monitor.
“Jessica Simpson is one of the most consistent, hard-working artists we have on our roster,” a spokesman for the label tells the Hollywood Reporter. “She really has earned this deal. But this wasn’t an exchange of money for guaranteed anything.”
 

“I am so excited with this new deal and I’m looking forward to finishing my upcoming album,” Jessica Simpson said in a statement. “Columbia has been my home since the beginning of my career. I am happy to be continuing the relationship and I look forward to working on new things with my extended family.”

Jessica Simpson’s enormous contract now makes her the youngest artist ever to have such earning power.

Simpson will reportedly release four new albums and one greatest-hits compilation, and according to the contract, will get $8 million up front. However, since her divorce with Nick Lachey is not finalized yet, he could end up with half of that dough.