Naturally, there’s been lots of excitement since Garth Brooks and Steve Wynn announced the terms of Garth’s 5-year deal to perform at Encore. The Las Vegas Review Journal reported that over 31 million people viewed various television news broadcasts of the October 15th press conference. If only one person out of every hundred who watched that press conference go to see Garth, the new Garth show will be sold out for every performance until almost the middle of its fourth year. And that’s if each of those people go by themselves, mind you.
Traffic to Wynn’s website has skyrocketed as a result of the announcement. Tickets for the first twenty shows go on sale Saturday morning at 8 a.m. That means 30,000 seats will be up for grabs. It’s difficult to predict how many people will be poised with computer or phone in hand come 8 a.m. Pacific Time on Saturday morning. Wynn’s Vice President of Public Relations and Advertising, Jennifer Dunne, told the LVRJ that they are gearing up to handle what will surely be “unprecedented call volume."
Norm Clarke speculated in his LVRJ column that this could be the beginning of “Garth mania.”

It appears the stock market may not be as excited over the news as fans are. Thursday’s press conference was held after the markets had closed; Wynn’s stock had already closed that day at $64.98. Wynn’s stock price fell on Friday and has continued to slide down to $62.10 upon closing today. Steve Wynn has declined to comment on the cost of the deal with Garth Brooks, noting only that he had to buy Garth a jet plane to convince him (ka-ching!) and that the stockholders would probably fire him if he told what Garth is costing. So understandably, Mr. Wynn wants to keep the cost of the deal under his hat, so to speak. However, I hear that if the contract were large enough, Wynn might have to disclose some of those details in SEC (Securities and Exchange Commission) filings. We’ll keep watching….
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