Bobby Shmurda Making All-Star Money in First Gigs Outta Prison

Bobby Shmurda's getting back to work for NBA All-Star Weekend in Atlanta ... and he's set to bank big bucks for his first performances since getting sprung from prison.

Sources close to the situation tell TMZ ... after the rapper takes the mic Friday night for his triumphant return at Compound nightclub in the ATL, he'll walk away with $125,000.

Bobby's hosting the event -- dubbed his "Welcome Home Party" -- with 50 Cent, but it's just one of several gigs he has on the books for the hoops and hip-hop weekend.

We're told Shmurda's also signed on for smaller, private events that will ultimately bring his haul to more than $300K for a few days' work.

Of course, Bobby's not the only rapper taking advantage of the All-Star festivities. Our sources say his pal Rowdy Rebel -- who was also released from prison early this year -- will make $59k for his show at Halo Lounge.

Likewise, Lil Durk's set to score $100k for his Saturday night gig at Opera Nightclub.