A more experienced tour manager on a higher-level gig that requires someone who is truly road-tested with an impressive resume can make a weekly rate of $3500 – $5000, or more. Beyond that, there are definitely top-level A-List gigs that exist in the multiple six-figure per year range.
As a general rule, managers take a percentage of all income generated by the artist in exchange for their management services. Commission rates typically range from 15-25% of the artist's gross income from: Recording royalties: Sales, streaming and licensing of recorded music.
A touring agreement is a document signed before visiting homes with a real estate agent. It serves to outline the relationship between you, the prospective buyer, and your agent. This agreement ensures mutual understanding, protects both parties, and lays the foundation for a professional relationship.
A manager is someone who oversees a team within a company. That means they'll plan, organize, and direct guidance to employees to accomplish all the activities needed for the company to achieve the main objective.
How long is a normal artist manager contract? The standard length of the management contract is three years but it can vary from 2 to 5 years on a case by case basis. Most contracts also include a "Sunset" clause.
A tour manager (or concert tour manager) is the person who helps to organize the administration for a schedule of appearances of a musical group (band) or artist at a sequence of venues (a concert tour).
Artist Manager Salary Annual SalaryHourly Wage Top Earners $400,000 $192 75th Percentile $400,000 $192 Average $246,250 $118 25th Percentile $92,500 $44
An Artist Management Agreement is used by a personal manager to contract with a recording and performing musical artist to set the terms for managing the artist's career. The manager receives a percentage of all the income generated by the artist for the management services provided.
Record contracts typically state their duration as a requirement for the artist to make an initial recording within a certain time frame (often one year), followed by successive one-year (or occasionally multi-year) options to extend the contract for up to seven total albums for a total of seven years.