The Boss nets $36M

[mrtonguetwista]

EAST RUTHERFORD, N.J. - It's a big payday for The Boss.
The 10 sold-out shows for Bruce Springsteen (news) and the E Street Band at Giants Stadium this summer will bring his production company more than $36 million, according to the New Jersey Sports & Exposition Authority, which operates the stadium.


The authority on Wednesday approved a payment of $25.5 million for the first seven shows to Springsteen's Thrill Hill Productions Inc. The authority is to make payment next month for the final three shows in August, pushing the total to $36.4 million.


"Not bad for a summer of work," authority President George Zoffinger told The Star-Ledger of Newark.


Springsteen was guaranteed $1.7 million for each concert and a percentage of concessions, about 13 percent of all money collected.


The band concludes its 2002-03 world tour at New York's Shea Stadium on Oct. 1, 3 and 4. More than 3 million tickets have been sold for 119 concerts in 82 cities around the world. The tour began last August at Giants Stadium, according to the group.

[eS El Duque]

damn..rich fella