Report: Gaga’s Cancelled Dates To Cost $30M

Lady Gaga (S.Mack photo)

Lady Gaga's canceled Born This Way Ball – which was set to run 22 more nights at arenas through March 20th – will lead to nearly $30 million in refunds, according to estimates based on Pollstar data.

And, Rolling Stones reports,  that's not counting the huge potential income losses from merchandise, food, beer and parking sales. 

"It was definitely a blow," says Bernie Punt, sales and marketing director for the Bryce Jordan Center at Pennsylvania State University, which had nearly sold out its 12,500 capacity for Gaga's March 2nd gig.

"Trust me, I've been hearing nothing for the past 48 hours of so many saddened fans that were looking forward to this. Everybody bought those tickets for Christmas or Hanukkah gifts."

Gaga announced last week that she was forced to cancel all remaining dates on the tour due to a labral tear to her right hip, requiring surgery. Her world tour in 2012 had grossed $161.4 million, according to Pollstar, behind only Madonna, Bruce Springsteen, Roger Waters and Coldplay.

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