Rolling Stone reported today that Lady Gaga's Born This Way Ball tour cancellations could exceed $30 million in refunds. That does not include the potential losses of income from food, parking, drinks, and merchandise.
A few days ago Gaga announced via Twitter that she would be canceling several shows due to her injury.
Tuesday Lady Gaga said she was forced, due to doctor's orders, to cancel the entire Born This Way Ball, disappointing herself as well as her Little Monsters. A labral tear in her right hip requiring surgery is the culprit of this cancellation.
Rolling Stone says that Lady Gaga and Live Nation will most likely not fully absorb the financial losses, citing that insurance would most likely cover it.