Postponing tour could cost Rolling Stones $10 million

Musician Mick Jagger and designer L'Wren Scott pose following her Fall/Winter 2012 collection...

Musician Mick Jagger and designer L'Wren Scott pose following her Fall/Winter 2012 collection during New York Fashion Week in this February 16, 2012 file photo. REUTERS/Carlo Allegri/Files

Julia Alexander, QMI Agency65

, Last Updated: 9:19 PM ET

Postponing the last leg of a tour in Australia may cost the Rolling Stones up to $10 million in losses.

The Stones decided to postpone the tour after Mick Jagger’s long time girlfriend and fashion icon L’Wren Scott, 49, was found dead after an apparent suicide.

According to The Hollywood Reporter, the ten million dollar loss includes a variety of expenses such as travel costs, venue deposits, and storage for the instruments while the band flies back home.

Sources told the magazine that the Stones had 60 trucks on standby to transport the equipment from venue to venue, and transferring the gear could cost the band up to $250,000 alone.

Sources also confirmed that a loss in revenue from band merchandise and ticket refunds would put a major dent in the Stones’ overall take from the tour, although certain measures have been put in place to make sure that doesn’t happen.

The Stones’ did create an insurance plan going into the tour, and sources said the cost could be cut down exponentially if their plans covered the extreme circumstances that arose.

Scott was found dead March 17 in her Manhattan apartment, in what was officially declared a suicide by hanging as the investigation progressed.

“I am still struggling to understand how my lover and best friend could end her life in this tragic way,” Jagger wrote on his official website following the tragedy.

While a myriad of speculated rumors have surfaced as possible reasons for Scott’s death, ranging from battling severe depression to being weighted down under massive debt and a crumbling fashion label, there hasn’t been any official confirmation on any one specific reason.

There’s still no word on a concrete date for the funeral, but after a long and strenuous battle between Jagger and members of Scott’s family, it was decided the funeral would take place in Los Angeles.


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