Because they are minors, the contracts for Scotty and Lauren have to be filed publicly. The following link will take you to the Associated Press story detailing the contracts.
Here are some of the highlights:
– Scotty will receive at least $250,000 in advances for winning the show and recording the first album.
– He will also tens of thousands of dollars more for granting “Idol” partners likeness, merchandise and endorsement rights, and will also receive royalties on any music he releases.
– Lauren will receive $87,500 for finishing second. The amount would be doubled if she records an album.
– Merchandise agreements for Scotty and Lauren give Scotty $50,000 and Lauren $40,000.
(Visited 1 times, 1 visits today)
So, who says Baby Boomers, 62-year olds can’t have an interest in American Idol? As we recover from the latest season and await the next one, Press Democrat Assistant Sport Editor and official Baby Boomer Bill Pinella will break down the show and look into “all things local” on the Idol front via this blog. Stay tuned.