izzy-and-axl

As it turns out, original Guns N’ Roses guitarist Izzy Stradlin reportedly turned down a five-figure fee to reunite with his old band for their “Not In This Lifetime Tour”.

Writing for GN’R Truth, band insider MSL says Stradlin was offered a five figure fee for each show he played.

MSL writes: “We know Izzy was in rehearsals at one point and was negotiating to appear at a few of the April gigs. Equal pay was never discussed. A 5-figure fee per cameo is what was being negotiated. But there is a lot of room for negotiation on a 5-figure fee. 10k? 99k? Whatever it was, they were far apart and Izzy bailed. He doesn’t need their chump change and they don’t need to throw away a bunch of money on a guy that isn’t gonna sell many tix.”

Earlier this month, Izzy took to his Twitter account, explaining the reason for his absence was because the band didn’t want to “split the loot equally”.

According to Billboard.com, Guns N’ Roses two-month North American stadium tour grossed $116.8 million with over one million tickets sold. The “Not In This Lifetime” tour ran from June 23 through August 22 and included 25 concerts in 21 cities. The band grossed an additional $15 million earlier in the spring from the two shows in Las Vegas and another pair at Coachella.

The current band lineup features guitarist Slash, bassist Duff McKagan and singer Axl Rose, joined by drummer Frank Ferrer, guitarist Richard Fortus, and keyboardists Dizzy Reed and Melissa Reese.

Guns N’ Roses are set to continue their tour over the next few months with stops in South America, Japan, Australia and New Zealand.