$1 Billion for Madonna to Play Caesars Palace? Seriously?
MTV reports Madonna has been offered $1 billion for a five-year Las Vegas residency.
How much money do these celebrities need to make? And how high will ticket prices go, before we say enough is enough? It’s ridiculous that ticket prices are 5 times as expensive as they were 20 years ago. Yet, our wages, for MOST of us, have not even doubled or tripled in the last 20 years.
But regardless of what we make, the singer could follow the footsteps of acts such as Celine Dion , Elton John and Cher who relocated to the gambling capital of America to performing nightly shows in Sin City.
Celine’s five-year residency drew nearly three million people to 717 performances, but it’s thought Madge would surpass that. Ticket prices would be expected to be $150-$300.
Barbra Streisand has rejected a whopping $100 million, three year deal from Caesars Palace, Las Vegas. Is any performer really worth $1 Billion?
It could all be a rumor who knows. But if the deal goes ahead, Madonna would become the third highest paid female entertainer in the world, behind Oprah Winfrey and American homemaking entrepreneur Martha Stewart.
Is she worth it? We’ll see……