ASUA is slated to lose about $150,000 from rapper Kanye West’s tour stop tonight in McKale Center.
$500,000
Estimated cost of rapper Kanye West’s show tonight in McKale Center, including all expenses and appearance fees
$350,000
Money estimated to be raised by ticket sales
$220,000
Guaranteed appearance fee paid to West’s touring company
$150,000
ASUA’s expected losses for the show
Total expenses for the show approach $500,000, according to a Feb. 25 contract theDaily Wildcat obtained through a public records request, as well as figures student government president Tommy Bruce provided last night.
Bruce said ticket sales are expected to reap only about $350,000, down from $376,986 estimated in the contract, as seats were cut to curtail safety risks.
A total of 8,083 tickets had been sold as of yesterday afternoon, said Darren Graessle, McKale’s director of ticket operations, adding that the show was sold out.
Bruce said ASUA, which organized the event, has assumed the show’s cost through money allotted from its special events budget and an outside loan.
Check out the accompanying boxes for details on the contract, plus what perks West requested.
– Shain Bergan contributed to reporting.
