Kanye West has settled his eight-figure lawsuit with the insurers behind his 2016 Saint Pablo Tour outside of court. Kanye canceled 21 shows in 2016 tour due to a mental breakdown, which included sleep deprivation and exhaustion, costing him millions in lost earnings.
Later on, West and his company, Very Good Touring Inc., sued Lloyd’s of London and various of its group for a reported $10 million after they refused payment. The lawsuit lingered between the two parties, including a countersuit by Lloyd’s of London, who suggested that West’s mental breakdown was triggered by factors “not beyond [his] control.” Recently, the two parties have resolved the matter outside of court, with Lloyd’s of London paying up to avoid going to court.
The company has agreed to pay most of what Yeezy was due under the policy, though an exact figure has not been disclosed.