ENTERTAINMENT
09/16/2013 08:53 am ET Updated Sep 16, 2013

Britney Spears' Las Vegas Residency To Earn Singer $15 Million Per Year (REPORT)

Britney Spears' rumored Las Vegas residency is set to earn the singer millions, according to TMZ.

TMZ has allegedly learned the financial details of Spears' two-year gig at Planet Hollywood, despite the fact that the gig is still officially unconfirmed. The 31-year-old is reportedly slated to perform 48 shows per year raking in $310,000 per show. That's $30 million over the life of the contract, or $15 million per year.

Although this is a huge sum, it is far less than the figure upwards of $100 million predicted back in January when the news first broke.

The Las Vegas Sun reported Spears' residency will be announced on Tuesday, Sept. 17. The shows, planned for the newly renovated PH Live theater at Planet Hollywood, are set to be 90-minute performances held over the course of 60 alternating weekends.

“She’s so excited to perform and show what great shape she is in now," an insider told the publication. "She is mentally and physically 100 percent ready for the Las Vegas shows.”

Recently, the pop superstar has been dropping major hints pointing at what is to come. BritneySpears.com is promoting a countdown set to end on Tuesday, Sept. 17. The Las Vegas Sun claims this is when she will announce Vegas along with her upcoming album (possibly titled "All Eyes On Me"). Artwork for her new single, "Work Bitch," which leaked this weekend, shows Spears dressed in a Vegas showgirl ensemble. She also posted a bikini'd Instagram pic talking about how hot the desert is.

Spears is set to join "Good Morning America" Tuesday. ABC's promotion touts the appearance as Spears revealing "her electrifying new career move."

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