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Just when you thought Amanda Bynes’ star was fizzling out!

Chinga Chang Records, the New York based record label that initially offered Amanda a record deal, is now dishing out some serious cash for the star. $200,000 dollars to be exact.

Not only is the record label willing to pay big money for Bynes’ beats, they think she could be better than her man, Drake.

The company eventually rescinded their first offer after a disagreement with Amanda about their vision for the album. However, Daniel Herman of Chinga Chang Records told Radar Online he’s determined to produce Amanda’s album, so much so, that he’s increasing the initial sign-on bonus from $150,000 to $200,000, which Amanda gets to keep.

“I would have to be an idiot to not do everything in my power to create a classic album with her. It’s not about being more gangster than Drake, it’s about representing the culture and having the ability to make better music than him,” Daniel said. “She’s got that. I just wanted her to let me have to opportunity to prove it to the world.”

Radar Online obtained a copy of the label’s new offer, which apologizes for making the artist, Amanda, feel uncomfortable and promises “complete creative control of all aspects” of the album. The deal also states Bynes will get half of all record sales for the LP.

No word yet on whether Amanda plans to accept the offer or not, but she has taken a major step toward rap stardom.

According to Ben Baller, the king of bling, Amanda is dying to get her hands on a grill just like Miley Cyrus’. That’s right. Despite Amanda’s Twitter bashing, she really digs Miley’s grill. In fact, she dished out $10,000 for the diamond encrusted mouth bling. 

Check out the video of Ben discussing Amanda’s grill and interesting behavior on TMZ.

We wonder what Amanda’s rap name will be!

Photo credit: Wenn/Twitter