Contract shows Prince wanted $1.5 million for Addison concert

Print
Email
|

by MONIKA DIAZ

WFAA

Posted on February 9, 2011 at 11:05 PM

Updated Friday, Feb 11 at 1:32 AM

NEWS 8 EXCLUSIVE

The reason behind the cancellation of Prince's benefit concert at the Intercontinental Hotel in Addison during Super Bowl week is still a mystery, but the original contract between Prince and event organizers no longer is.

News 8 received a copy of the starting offer. It was a generous deal for the artist and was packed with benefits.

For a minimum performance of 45 minutes — only one show — Prince's pay was set to be $1.5 million. Other bonuses included:

  • an additional $100,000 for travel
  • money for one suite and 19 rooms for two nights
  • $15,000 for artist merchandise
  • $55,000 for administration
  • four tickets to the Super Bowl in a private VIP area

The contract, dated December 28, 2010, was also missing one important thing: Prince's signature.

Chris Arnold of River Alexander, the event organizer, told News 8 over the weekend that a signed agreement does exist.

"I don't want to go into any of these details that are confidential," Arnold said.

Days after the cancellation of the show, there are still many unanswered questions, but issues between both sides were still a problem hours before Friday's scheduled performance.

"We heard from his manager that he wanted to come very badly," Arnold said. So why didn't Prince appear? "It couldn't get resolved," Arnold said.

The organizer's representative declined to speculate about the issues that were left outstanding.

News 8 contacted the other parties involved in the event, including Prince's agent, Meridian Entertainment and the beneficiary of the concert, The Goss-Michael Foundation. Neither would comment.

E-mail mdiaz@wfaa.com

Print
Email
|