Celebrity US

The millionaire sum of money that Shawn Mendes would lose by cancelling his tour

Mendes’s fans are devastated by the news.

Shawn Mendes at a red carpet
Shawn Mendes at a red carpet

If you are a Shawn Mendes fan, you are definitely bummed down. The singer was scheduled to have a tour over the US and Europe for the next year and all of the concerts have been cancelled.

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The reason? Mendes has decided to take a break to improve his mental health, as he has declared before that he is going through a rough spell.

“We were hopeful that I might be able to pick up with the rest of the dates after some much needed time off, but at this time I have to put my health as my first priority,” Shawn expressed in his post.

It is a tragedy as it is but he also could be could be financially affected. There were many tickets unsold in the 67 venues that he intended to go in the tour up until August of next year and the ones that were sold are being refunded.

How much would he lose?

Considering that the average price ticket was about $175 and the next show was going to be at the Scotiabank Arena, only from the first performance he is going to lose around $3.4 million dollars.

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