May 26, 2017  

Scotty McCreery Could Be Half a Million Richer in 2012

May 28, 2011 (7:18 pm) GMT
The 'American Idol' winner this season will get his money from the victory, his first album, endorsement deals and the extensive 'Idol' tour.
Scotty McCreery

is not only an "" but a rich teenager as well. The 17-year-old who was crowned season 10's winner earlier this week is due to take a paycheck of $250,000 from the show and is looking at a revenue of half a million dollars by next year.

The cash was given to the country musician as part of winning the show and as the advance payment of his debut album, Radar Online reported. If the album does well on the market, then he would be granted big money, in thousands, from the royalties.

Furthermore, his popularity can boost the sale of merchandise and endorsement products. Radar estimated that he can add $100,000 to his pocket like the previous "Idol" winners. In addition, he's due to earn $1,000 for each show in the "American Idol Tour" which expands to 47 dates currently.

If accumulated, the North Carolina native is looking at 500,000 grand in his bank balance by 2012. At his age, McCreey is still considered a minor and therefore must sign any contract with a court judge in presence.

Follow us :

TODAY'S HEADLINES

  1. 'Teen Mom' Star Amber Portwood Confirms Sex Tape Negotiations
  2. Kourtney Kardashian Bares Butt and Sideboob in Another Yacht Date With Younes Bendjima
  3. NBC Pushes Jennifer Lopez's 'Bye Bye Birdie Live!' to 2018
  4. Emily Ratajkowski Goes Topless in New Sultry Selfie
  5. Report: Emma Watson Getting Married in Big Sur This Summer
  6. See Hilarious Horror-Themed Memes of Trump's Awkward Photo With Pope Francis
  7. New Beau? Mischa Barton Caught Getting Handsy With Mystery Man in Cannes
  8. HBO Renews 'Veep' and 'Silicon Valley' for 2017-2018 Seasons