Taylor Swift may not be done making music history just yet. According to a new report, the global superstar is being courted for what could become the most lucrative concert residency ever.
Industry sources claim Swift has been offered the chance to headline a long term residency at either Madison Square Garden in New York City or the Sphere in Las Vegas. While nothing has been confirmed, insiders believe the opportunity could add as much as $1 billion to her already massive fortune.
One source told Rob Shuter’s Naughty But Nice that Madison Square Garden has emerged as the frontrunner. The report even suggests that Swift’s recent wedding to Travis Kelce at the iconic venue may have helped strengthen the relationship, though the real focus is reportedly on future business.
Both venues have plenty of history with blockbuster residencies. Billy Joel’s legendary run at Madison Square Garden reportedly brought in more than $266 million over 104 performances, while Celine Dion’s Las Vegas residencies generated an estimated $681 million combined.
Insiders believe Swift could top both. One entertainment executive reportedly said she isn’t competing with Billy Joel or Celine Dion, she’s competing with herself, adding that if anyone can create the first billion dollar residency, it’s Taylor Swift.
For now, it’s all just speculation, but if Swift does decide to trade stadium tours for a residency, it could redefine what a concert residency looks like for a new generation of artists.
