Is it true that Michael Jackson only get 2% out of his concerts' profit?

The rest goes to his sponsors or his ';friends';. He does not know how money worked when he was alive according to his nanny.Is it true that Michael Jackson only get 2% out of his concerts' profit?
Well, he's not going to get anything for his concerts now is he. In fact his estate will be in a deficit because anyone who has bought tickets will be entitled to a refund. Of course he's really dead. The human body can only take so much abuse.Is it true that Michael Jackson only get 2% out of his concerts' profit?
EXACTLY like Elvis and Colonel Parker then. Elvis also had ';friends'; who were bleeding him dry - and people wonder whether he is still alive too.





Hmmmmm...
Come on now. I would not agree with that is it true who knows. The 02 lost out on an eye watering 拢220 million.
He was personally paid 20 million up front for the O2 concerts, none of which will be going back.
His manager makes all the deals, some at 2% some at half and some for free.
Yes he's dead.
he really did die. What's weird is when he was alive, most people hated him. Now those people are sad about his death...
well, he wouldn't now.
yes dead as a door knob
i am not sure if he is going to make the concert anymore........being dead is such a handicap