Kanye West has settled the $10 million lawsuit over his canceled Saint Pablo Tour, according to reports.
The Grammy winner canceled the remaining dates of his Saint Pablo Tour back in November 2016. “The remaining dates on the Saint Pablo Tour have been canceled,” a rep for West told E! News in a statement at the time. “Tickets will be fully refunded at point of purchase.”
Also Read: Tommy Lee Sparta Feat Preedy – Freaky Girl
E! News later learned that exhaustion was to blame and according to an insider, West was working around the clock on various projects including fashion designs while also trying to make sure to spend time with family.
Months later in summer of 2017, West and his touring company, Very Good Touring, filed a $10 million lawsuit against Saint Pablo Tour insurers Lloyd’s of London.
Also Read: How The Wedding Singer Changed Everything for Drew Barrymore and Adam Sandler
In court documents obtained by E! News in August, West’s team alleged breach of contract and breach of good faith and fair dealing.
“More than eight months later, the insurers have neither paid on the multi-million dollar claim nor denied the claim,” Kanye’s team stated in court documents. “Nor have they provided anything approaching a coherent explanation about why they have not paid, or any indication if they will ever pay or even make a coverage decision.”
Also Read: Neil Young’s Huge Online Archival Project Is Now Open
The attorney representing West’s touring company in the lawsuit, Howard King, told Rolling Stone in a statement Wednesday that “the dispute has been amicably resolved.”
Kanye West and Kim Kardashian made a cool $9 million profit when they sold their Bel-Air mansion for $17.8 million.
TMZ reported that the couple recently offloads the expensive home to a Ukrainian philanthropist named Marina Acton, who is someone that is well known in Silicon Valley. Kim and Kanye purchased the home, which sits on 1-acre of land, in 2013 for $9 million. The couple renovated the 10,000 square feet house completely when the purchased it, reportedly spending millions to transformed it into a modern, minimalist home.
They have been living inside the crip while they renovate their massive Hidden Hills mansion which they will now call home. The sale for this Bel-Air home was closed four days ago and both parties were represented by The Altman Brothers, Matt and Josh from Bravo’s ‘Million Dollar Listing L.A.’
Kanye West eyes his musical comeback with a feature on CyHi The Prynce new single “Dat Side” which was released last week. The G.O.O.D. Music rapper is also working on his next album but so far no release date or title has been released. Ye has been keeping a low profile since his mental breakdown a year ago in the middle of his hugely successful Saint Pablo Tour. He was briefly hospitalized for exhaustion and dehydration and has been keeping out of the public eye ever since.