Kanye West’s Tour Insurance Could Prevent Him From Losing $30 Million
When Kanye West announced the cancellation of his Saint Pablo Tour it stood to reason that he was going to lose a LOT of money. According to TMZ, “a lot” equals exactly $30 million. However, there is still a chance that Pablo will still get paid…
Apparently Kanye had an insurance policy that would see to it that he get his gwap in the event that: “accident or illness … prevents any Insured Person from appearing or continuing to appear in any or all of the Insured Performance(s) or Event(s).”
Here’s the snag though, although Ye’s doctor put him on a 5150 hold, the insurance company could still deny the claim if the “illness” is preexisting and not revealed at the time the policy is written or if it’s caused by “unreasonable or capricious behavior”, i.e. drugs or alcohol.
Knowing insurance companies, we’re sure that will do everything in their power to NOT pay Kanye West $30 million. But based on his rants about debt, he better pray to an ultra light beam that they cut that check.
Flip it over to find out how Kimmy Cakes is supporting her husband during his period of mental strife…
Image via WENN
Kim was scheduled to appear at the Angel Ball in NYC for the first time since she was robbed at gunpoint in her Paris apartment. She cancelled the appearance once she was informed of Kanye’s medical emergency.
According to E!Online:
“She is just holding things down like Kanye did for her when she needed support,” a source shared with E! News exclusively. “Kim is doing much better and is strong. This shall pass she believes.”
On the following page, Kanye received some warm and heart-felt words from his Chi-Town brethren, Twista.
I woke up this morning and i felt the need to prayer for those who might not have a voice to pray. The music business is a very stressful business to be in, i been doing this for a very long time and believe me when i say it takes a very strong minded person to go thru the daily s#it that you have to go thru. “the smile of a clown” a clown gets paid to make other people happy, even if that clown might be going through a mental break down, that clown can’t let the public see him cry or else he might loose the only job that helps him take care of his family.
the music business is all about profit and elevation, the more hotter you are the more money you make, the longer your career lasts. the only catch to that is no one stays hot forever, no one can be new over and over again, so now you have the pressure from your fans, record label, friends,family, bill collectors, and the media to keep making hot music and never get old. take a min and think about that, can you imagine the pressure and responsibility a person gotta have not only to be successful but also to stay successful too?
So today I pray for my man Kanye, and i ask everyone to do the same too, wanting help doesn’t show weakness, it actually shows character and it lets people know you too are you human and you too have feelings too. when the provider needs help, who can the provider turn too? When you have sooo many people that depend on you everyday, who can you turn to just to vent out to or just breath too without feeling weak to?
No one is perfect when it comes down to living life in general, so this morning i pray my homie. I pray that Kanye finds that one thing that money and fame can’t buy. #APeaceofMind Chicago Loves you bro, … Twista
Despite the voices of disappointed and angry fans, looks like Kanye has the support those who know and love him.