Jay Z is cashed-out in London | The Frugalista

Jay Z is cashed-out in London

by frugalista on October 12, 2008

Jayz
No club is willing to pay Jay Z’s $43,000 fee to host at a club in London. The Jiggaman is across the pond for the Miami Heat v. New Jersey Nets game. The clubs in London couldn’t afford his fee, and he even offered the clubs a  lower fee of $13,000 to show his pretty face. *sigh* It’s the economy, Hova. It’s the economy. Or, maybe it’s that $5 million sparkler that he put on Beyonce’s left ring finger that has him cash strapped. You go, Beyonce!

How much should clubs pay multimillionaire Jay Z to host a club event ? Is he just greedy?  Is Beyonce bankrupting him? Those sequins she wears aren’t cheap!

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{ 22 comments… read them below or add one }

geniusBar478 October 12, 2008 at 8:21 am

He doesn’t make enough money? $43,000??? That’s ridiculous!!! I saw him in Boston and he’s as overrated as they come. ridiculous. total greed. He should be doing for charity, inner city kids or something, not trying to rake more in for his obscene lifestyle.

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MirrorImage October 12, 2008 at 8:24 am

Can’t stop the hustle!

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ndmayo October 12, 2008 at 8:50 am

43K… 13K? Ok, I’ve been hitting the clubs all wrong. I’ve been paying to enter. But he’s Jay-Z and I love his music. So I’m assuming for that sticker price he’s going to spit everything from the Hard Knock Life and Black Album right?

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lada October 12, 2008 at 10:54 am

Not a Jay Z fan, not a rap fan, and don’t believe he should get a dime for showing up so that someone can see him; but these organization pay for appearances. However, he consistently provides $$$$$ for water pipes in African villages. He’s done much more than others who make millions (like Kanye West) and keep it for themselves and act stupid in public.

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joeluba October 12, 2008 at 10:59 am

Jay Z is a fraud just like Obama. Spending that kind of money in clubs while kids in the inner city are struggling. Obama drinks fine wines and prawns with the Elite left wing while his own brother lives off $1 a month in Kenya!!!! Yeah he cares!

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joeluba October 12, 2008 at 11:06 am

What happenned to my post. It gets removed becuase I mentioned Obama. Hahahah! Freedom of expression and the press!!! Go Herald!

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Talk about some haters... October 12, 2008 at 11:16 am

The man is considered one of the top three or four that has EVER done it!! Why should he appear for the same fee as Soldier Boy!?? First understand what you are talking about before you talk about it!! Bill clinton has made millions post-presidency just to tell audiences how to get your wife to stay with you after she catches you putting cigars in the wrong places!! I would take that gig too!!!

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Chuck October 12, 2008 at 11:17 am

First of all, if you Google: Jay-Z Charity you will see that he does do charity work. He just doesn’t do a lot of press for it #1. #2 I forgot where I read it, but he’s been quoted as saying he doesn’t want press for what he feels we should all be doing anyway.
Now yeah, I wouldn’t pay that, but @ the same time. Rock Stars get paid insane amounts to show their faces & host club parties. Don’t hear you all complaining about them. Let’s stop the double standards folks…

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Justin October 12, 2008 at 11:38 am

I think the reason is not greed, is just business. If he were to relax his appearance fees in London or anywhere for that matter, the next club or entity that tries to book him will not want to pay more than that.
If he says $13k this time, no-one will want to pay more than $13k in the future. The lower his appearance fee gets, the lower it will continue to get. As an entreprenuer, you should be trying to get as much as you can out of people trying to book you. If he asks for $30k this time and they ONLY give $20k, he is still getting more than the $13k and the next person to book him will argue in the $20k range themselves because they think he wont settle for less than that. Not greed, just business.

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Still Broke October 12, 2008 at 12:28 pm

The celebs never host or greet the paying public who arrive or even address the crowd. The celebs just go into their guarded VIp sections with their entourage and drink on the house till their contracted four hours is up.

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JS October 12, 2008 at 12:54 pm

Don’t blame Jay-Z…blame the jerk-offs who pay insane amounts of money to enter and drink (bottles of liquor at 10 x’s the regular price). If the club is going to charge those prices because Jay-Z is there why shouldn’t he get a cut.

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mike October 12, 2008 at 1:57 pm

he does bring the entourage with it. Club owners make well over 300k a night when celebs in the building

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jimmy jam October 12, 2008 at 2:08 pm

you iz all ignant…if the public pays to see why not get as much as you can…morons!

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jimmy jam October 12, 2008 at 2:09 pm

neanderthals…if you pay to see a gorilla yap…don’t complain

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Dave October 12, 2008 at 2:28 pm

You know how many women are fgoing to want to go to the club once they hear Jay Z is there? Don’t get me wrong Jay Z is ugly as hell but his money makes him handsome and women flock to money like bees to pollen. With all those women the men are sure to follow, paying hefty cover charges and buying bottles and drinks. A club could easily recoup the cost of the appearance fee.

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Dave October 12, 2008 at 2:31 pm

For those that have a problem with this, there’s a reason you are not millionaires.

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Sher October 12, 2008 at 9:23 pm

Some crazy person mentioned Obama on this blog.

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Sher October 12, 2008 at 9:24 pm

Some crazy person mentioned Obama on this blog.

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Networth October 12, 2008 at 9:38 pm

Dave,
Go back to playing Guitar Hero with your baby mamma in her mother’s basement. By the way, real millionaires do have a problem with this.

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Toni October 12, 2008 at 11:11 pm

Opium Set Privee and Mansion all do the same and they don’t perform. If you live in MIA and don’t know this is the oldest trick in the club game then you haven’t learned much. C’mon most Rappers are BSin in their raps and really don’t have much money. DMX is buyin crack in liberty city and 50′s (cent)producer Scott Storch is a broke deadbeat dad need I say more.

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Mary Sue October 13, 2008 at 1:37 am

Shoot. I was wearing a rock that big and sparkly to my buddy’s wedding yesterday! Mine cost $19.95 plus shipping and handling from the Home Shopping Network. Only way you can tell it wasn’t a diamond is with a magnifying glass.

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Coco October 14, 2008 at 1:32 pm

Diamonoids for life Mary Sue!
They should pay him whatever he’s able to command. But that had to be humbling. $43K to 13K – how did that negotiation go? Sounds like a crack deal.

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