Nearly two months after the Eagles' grand opening concert at the new Mile High Stadium, event promoters Jam Productions still have not been paid.
The Denver Post reports that the Metropolitan Football Stadium District, which cleared "little if any revenue" on the show, continues to withhold a $104,000 payment to Jam, in order to cover its $118,000 portion of the 8,896 ticket refunds for those concertgoers in the upper decks of the stadium who only heard garbled sound (CelebrityAccess, Aug. 25). Jam and the Eagles were covering the rest, with the Eagles paying the majority – nearly $300,000. The Eagles pulled in an estimated $4 million from the 55,000 ticket sold.
According to the paper, the venue grossed $901,124 from the Aug. 11 concert, which includes the $200,000 Jam paid to rent the stadium. After expenses, the District was left with a net income of $132,226, which was used to cover costs for the stadium's public open house a week later.