The Eagles are currently one of the top-earning bands in the world, making millions on tour alone.
The Eagles are considered one of, if not the best-selling American bands in history, and they are still making a ton of money after all these years.
With a band with so much success and fame, you can’t help but wonder how much money the Eagles make per show.
How much money do the Eagles make per concert? The Eagles are one of the highest-paid bands on the planet. A substantial percentage of the band’s revenues come from their “An Evening with the Eagles” tour, which grosses an average of $3.5 million per concert. The Eagles grossed $73.4 million in 2019 despite only performing 29 shows.
Who are the Eagles?
The Eagles first found success in the late 1970s, and their music has continued to be popular throughout the decades, capturing fans of every age.
“Hotel California,” the band’s fifth studio album, was released in 1976 and is regarded as one of the most successful albums of all time.
In addition, the Eagles were inducted into the Rock and Roll Hall of Fame in 1998, joining the ranks of the most popular rock and roll artists of all time.
Formed in 1971, the Eagles was founded by four members, including Don Henley (drummer), Glenn Frey (guitarist), Bernie Leadon (guitarist), and Randy Meisner (bass guitarist).
The band is known for its soft-rock sound and breakthrough singles “New Kid in Town” and “Hotel California.”
When co-founder Glenn Frey died in 2016, the others vowed to keep going in his memory.
Don Henley, the band’s founder and drummer, is joined by guitarist Joe Walsh and bassist Timothy B. Schmit. Deacon Frey, Glenn’s son, and country artist Vince Gill round out the lineup.
How much do the Eagles make for a concert?
There’s no doubting that the Eagles are one of the world’s most successful bands.
The Eagles have mastered rock, country, and pop genres, with nine studio albums released since their foundation in the early 1970s.
As a result, the Eagles have topped number one on the Billboard Hot 100 chart five times, allowing them to become accomplished artists earning millions year after year.
The Eagles were named the highest-paid band on Forbes’ list of the World’s Top-Earning Musicians of 2019. The renowned band earned a whopping $100 million, putting them at number eight on the top-100 list.
The band’s “An Evening with the Eagles” tour, which grosses an average of $3.5 million each show, accounts for a large portion of their earnings. The Eagles made $73.4 million despite performing 29 shows in 2019.
The Eagles performed ten gigs in 2020, a year with limited touring due to the pandemic.
Nevertheless, it grossed $33 million and netted $11.4 million. The Eagles were the fifth most-played act in that same year.
What was the Eagles’ highest-grossing tour?
The Eagles’ highest-grossing tour was the “Hell Freezes Over” tour that earned $253 million. If adjusted for inflation, the figure grosses $434.3 million.
The Hell Freezes Over tour is among the highest-grossing concert tours of all time.
The Eagles’ Don Henley said after their final show in 1980 that they would perform together again “when hell freezes over.”
Fourteen years later, the band reunited and recorded the live album “Hell Freezes Over” as a nod to Henley’s remark, as well as embarking on a six-week tour.
The tour lasted two years, from July 2013 to July 2015, and grossed $253 million, with over 2 million tickets sold over 147 shows.
How much does it cost to book the Eagles for a show?
According to the research, the Eagles can be booked for $750,000.
This figure came from the site Priceonomics that recently reached out to Degy Entertainment, a third-party booking agency.
They provided a rough idea of just how much it may cost to book your favorite musical act based on “a list of rates suggested by the artists’ agents per show, pre-expense.”
It appears that specific band members can be booked separately as well: Don Henley (min. $250,000), Glenn Frey (min. $150,000), and Joe Walsh (both min. $150,000) are the most costly members of the Eagles.
(Note: These are the asking costs from a third-party booking service that specializes in college concerts; the figures are most likely inflated. Many of these artists’ actual prices are determined by a variety of circumstances.)
Where concert ticket money goes
Of course, gross earnings are not the same as profit. Musical acts such as the Eagles aren’t just boosting their personal bank accounts; they’re also feeding many people on tour.
Fans who spend $275 for a show might assume that most of the money goes to the band. But it isn’t the case.
So, where does the money from concert tickets go?
According to The Guardian, the money that music fans spend supports a complete touring ecosystem, including artists, promoters, stage setups, and medical personnel.
As a result, there are no exact splits that apply in every situation because it depends on the band, the venue, the promoter, the marketing budget, and tax rules, among other factors.
Who is the richest member of the Eagles?
According to Celebrity Net Worth, Don Henley, the Eagles’ singer and drummer, is the richest member of the band and has a net worth of almost $250 million.
Henley has had a lengthy and successful solo career and his work with the Eagles.
Henley began his solo career after the Eagles disbanded, primarily owing to internal issues. During this time, he recorded five solo studio albums.
As a solo artist, Henley won two Grammy Awards for Best Male Rock Vocal Performance. He was also the fourth richest drummer on the planet in 2012, behind Ringo Starr, Phil Collins, and Dave Grohl.
Henley owns multiple valuable real estate holdings and the money he receives from record sales as a solo artist and with the Eagles.
According to Variety, Henley purchased a West Hollywood bungalow for just over $2.2 million in 2018.
An approximately 40-acre hilltop spread above Malibu’s Point Dume and a 3.6-acre multi-residence estate anchored by a nearly 16,000-square-foot palace in Dallas are included among his properties.
Conclusion
The Eagles have certainly lived up to the title of being one of the biggest money-making bands in the world throughout their storied career, and it’s not too far-fetched to say that their popularity shows no signs of slowing.