Does Idol winner get money?
Does Idol winner get money?
The winner of American Idol will receive $250,000, according to Newsweek. The winner will receive the first half of the money ($125k) when they sign the initial contract and the remaining money will be paid out after they have completed an entire album in a four-month time span.
How much money do you get for winning Idol?
That record deal reportedly comes with $250,000, split into two payments. The first $125,000 comes when artists sign the contract, followed by the remaining $125,000 when the singer finishes their album. The winners also receive a $300,000 advance to record the album, plus additional money for living expenses.
What is the prize for winning American Idol 2022?
The winner of American Idol will win this year’s Title 🏆, Prize Money of $250,000 💰.
What do the contestants win on American Idol?
On the other hand, the Idol winner also gets $250,000, according to the same report. They receive the first half when they sign the contract and the second one after they complete the album, which they have to do in four months.
