 In August 2011 , ASAP Rocky followed with " Peso " , which first appeared on Internet blogs and eventually received radio airplay on New York City 's Hot 97 . The song also earned him respect in the New York scene , of which he later said , " It bring a tear to my eye to see native New York people give me my props because New York is stubborn and arrogant " . After a bidding war among labels , he signed a record deal with Polo Grounds and RCA on October 14 . It was worth $ 3 million , with $ 1 @.@ 7 million for his solo work and $ 1 @.@ 3 million to fund his company ASAP Worldwide . He said that he sought a " bigger platform " for him and his collective with the deal . His first studio album planned to be under the deal , but it allowed him to continue releasing mixtapes through RED Distribution . 
