Musician Kanye West is leaving $30 million on the table after canceling his popular Saint Pablo Tour.
Live Nation, which sold tickets to the tour through Ticketmaster, announced the cancelation Monday morning.
Bloomberg.com explains that insurance covers West and the venues in case of natural disasters.
But West canceled the tour without explanation, so it isn't clear what his total losses will be.
Kanye West is missing out on about $30 million in potential ticket sales after abruptly canceling the remaining dates of his Saint Pablo tour.
West had 21 dates left on his tour, according to Live Nation Entertainment, which sold tickets through Ticketmaster and promoted many of the dates. The hip-hop superstar had been taking in more than $1.4 million a night off of ticket sales alone, meaning he’s leaving about $30.2 million on the table, according to analysts. Source
West canceled the tour abruptly after a weekend of bizarre outbursts during his concerts in Sacramento and Los Angeles.
Last week, West revealed he would have voted for President-elect Donald Trump, had he voted. That didn't sit well with fans and the media.
And on Saturday, West cut his concert short after 3 songs.
If you purchased tickets for the Saint Pablo show at Philips Arena on December 8, the Atlanta Hawks marketing department wants you to know:
All purchased tickets will be refunded at the point of purchase. Tickets purchased online and via telephone will be automatically refunded. All other tickets should be returned to the point of purchase. Questions may be directed to 404-878-3800.