Jennifer Lopez's $90 Million Las Vegas Residency Deal in Jeopardy: Star Power Fading?

Jennifer Lopez is in talks for a $90 million residency in Las Vegas, but the deal seems precarious due to her new album and tour failing. Lopez and MGM Grand were in negotiations over a guaranteed $1 million per concert for 90 dates starting next year.

Her high-profile marriage to Ben Affleck is in disarray, and casino executives are cautious due to weak ticket sales for her first tour in five years. Low demand has caused the cancellation of seven gigs this summer. Lopez's most recent album had the lowest sales of his career, and a companion movie on Amazon Prime Video received negative reviews.

MGM executives are concerned about Lopez's waning star power and whether she can draw enough people to fill the 5,200-seat Park Theater to warrant the significant financial outlay. For the July 20 tour stop in Las Vegas, Lopez is having trouble packing the 19,500-seat T-Mobile Arena.

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