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Jennifer Lopez’s $90 million Las Vegas residency in jeopardy as comeback album and tour flop

  2024-06-09 pagesixEileen Reslen49550
Introduction

Jennifer Lopez’s whopping $90 million Las Vegas residency deal is on the rocks.A source told The Post Tuesday that the B

Jennifer Lopez’s $90 million Las Vegas residency in jeopardy as comeback album and tour flop

Jennifer Lopez’s whopping $90 million Las Vegas residency deal is on the rocks.

A source told The Post Tuesday that the Bronx-born entertainer was set to sign on to do a series of shows at the MGM Grand but poor concert tickets and album sales may affect the agreement.

An insider claimed Lopez will receive $1 million a show for 90 dates in 2025 if the deal follows through.

“MGM is watching her not doing well on the road. They are very nervous,” a source close to the situation said. “It’s pretty rare you have a poor tour and then go to Vegas.”

Jennifer Lopez performing.
The pop star is reportedly set to make $90 million in the deal. ABIR SULTAN/EPA-EFE/Shutterstock
Jennifer Lopez performing.
However, sources close to the matter have reportedly grown concerned over her poor concert tickets and album sales. ABIR SULTAN/EPA-EFE/Shutterstock

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The source also opined that the “Let’s Get Loud” singer should just receive $600,000 to $650,000 for a Sin City residency and be scheduled for fewer shows.

A separate insider claimed no deal with MGM was ever officially signed but that talks have “continued.”

This would not be Lopez’s first residency in Vegas, as she had a successful stint at Planet Hollywood back in 2016.

Jennifer Lopez performing.
A source told The Post that no official deal has been signed for a new Las Vegas residency. Getty Images
An outside shot of MGM Grand in Las Vegas.
A separate insider claimed MGM Grand has “continued” their discussions with the entertainer. Getty Images

Page Six reached out to both her and MGM Grand’s reps for comment but did not immediately hear back.

Lopez, 54, is currently in rehearsals to prepare for another show — her greatest hits tour, This Is Me…Live, which kicks off in June.

The name of the US tour was mysteriously rebranded in April. It had initially been called “This Is Me…Now” after Lopez’s latest album, in which she sang about her journey to a rekindled love with Ben Affleck.

An ad for Jennifer Lopez's tour.
Lopez is set to go on her greatest hits tour, This Is Me…Live, in June. MediaPunch/Shutterstock
Jennifer Lopez performing.
The singer has been seen going to rehearsals to prepare for the US tour. Getty Images for ABA

Since then, it’s been reported that the married couple are having issues, but last month sources did not hint at that being a factor in the renaming of Lopez’s tour.

“The latest rebrand suggests a pivot from a tour focusing on the new album’s songs to one spanning her discography, a move that may entice listeners who didn’t connect with her latest material,” PvNew reported at the time.

In March, the “Love Don’t Cost a Thing” singer also raised eyebrows when she and her team decided to cancel seven shows from her tour — scheduled to take place from Aug. 20 to 31 in Cleveland, Nashville, Raleigh, NC, Atlanta, Tampa, Fla., and New Orleans, respectively — without any explanation.

Her ninth studio LP also made an abysmal debut on the Billboard 200 at No. 38.

The cover of Jennifer Lopez's
Lopez rebranded the tour after it was initially named the same as her latest album, “This Is Me…Now.” BMG Rights Management
Ben Affleck and Jennifer Lopez.
The album, which focused on the journey to her rekindled romance with Ben Affleck, performed poorly on the charts. Golden Globes 2024 via Getty Images
Ben Affleck and Jennifer Lopez.
Since the album’s release, it’s been reported that Lopez and Affleck are having marital issues. GC Images

Earlier this year, Lopez hinted that she may be retiring from music altogether soon.

“The truth is I don’t even know if I’ll ever make another album after this,” the “Jenny From the Block” singer told “Entertainment Tonight” in February.

She added of her most recent album, “It’s such the kind of quintessential kind of Jennifer Lopez J.Lo project, and I really feel very fulfilled, so they really will be collector’s items at a certain point.”

(By/Eileen Reslen)
 
 
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