Updated
Updated · The New York Times · Jul 3
Madison Square Garden Booking Could Cost $1.6 Million for 2 Days
Updated
Updated · The New York Times · Jul 3

Madison Square Garden Booking Could Cost $1.6 Million for 2 Days

1 articles · Updated · The New York Times · Jul 3

Summary

  • $1.2 million to $1.6 million is the estimated cost to book Madison Square Garden for two days, according to industry insiders familiar with hosting events at the venue.
  • $600,000 to $800,000 of that total would be base rent alone, with the full bill likely excluding the added cost of shutting down the arena for setup.
  • Insurance would add further expense, with minimum coverage for accidents, property damage or other disruptions potentially costing more than $10,000.
  • A recent benchmark shows the Garden charged $649,867 in rent for President Trump's 2024 rally, underscoring that venue rent is only part of the total event cost.

Insights

How does a $25 million budget transform a sports arena into an ultra-private, two-day celebrity wedding celebration?
What is the total economic ripple effect on New York City from a celebrity mega-event of this scale?
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