"Sugar Baby" is the fifth track of Megan Thee Stallion's debut studio album, Good News. It was released on November 20, 2020, through 300 Entertainment and 1501 Certified. The song is a clever but sexy anthem about Megan only wanting a sexual partner that has the "body" and a lot of money. She frequently references wanting her boyfriend to buy things for her while rapping over an electronic but upbeat backing track.

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