AEG Pays $1 Million for Jackson Memorial

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AEG Pays $1 Million for Jackson Memorial
Taxpayers won't have to shell out any money for Michael Jackson's pricy memorial last year!

According to TMZ, Michael Jackson's estate and AEG have agreed to pay the City of Los Angeles $1 million to cover the cost of the MJ memorial last year.

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It's about time they ponied up!

In addition the estate and AEG will pay $300,000 for the cost of crime fighting equipment.

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City officials determined $1.3 mil will cover the costs of police services, permits, Sanitation Department and Transportation Department expenses incurred for the memorial.

Isn't it amazing that one single event could cost that much?! It was well worth it though--that memorial may go down as the best in history.

Maybe this will shut Joe Jackson up for a couple days...
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