Money-throwing Rich The Kid recently switched labels from Republic to RCA.

And he says he got quite the bag to do so.

"RCA gave me 40 mil," Rich claimed when TMZ asked him about his new deal.

Then he claimed that money wasn't the reason he went to RCA

“Having a good solid team," he said when asked what the best think about being at a label vs. being indie is. "It’s not about the money. Sometimes the money is not always the most important thing. The best label, RCA.”

Rich The Kid has a  long history of capping about his finances.

Do you think the $40 million is another example of Rich lying to live up to his name?