How much did the Olympics pay Paul McCartney?

Jul 30, 2012 at 7:19 p.m. ET

The former Beatle can fill up Hyde Park in London, but for his Olympic performance he agreed to a little less than he is used to getting paid.

Paul McCartneyPaul McCartney, one of only two remaining members of The Beatles, sells out stadiums. So when he agreed to perform at the Opening Ceremony of the Olympics, how much did the event organizer have to pay him?

Well, not much. Most the performers would have volunteered, but there needed to be a payment to make the “contracts binding.”

“London Olympic organizers say former Beatle Paul McCartney and other star performers who took part in Friday's opening ceremony essentially donated their time -- receiving a mere pound ($1.57) -- for their performances,” said the Huffington Post.

No, that’s not $1.57 million. It’s one dollar and 57 cents.

“Other performers such as Mike Oldfield, Dizzee Rascal and Emeli Sande are also thought to have received the nominal fee,” said the Huffington Post.

Friday night’s Opening Ceremonies were the highest-viewed Olympic Opening Ceremonies of all time, with 40.7 million people tuning in in the United States alone.

“Director Danny Boyle's ‘Isles of Wonder’ extravaganza featured British music that spanned generations, right up to live performances from two of the hottest homegrown acts of the moment: grime star Rascal and the band Arctic Monkeys,” said the Huffington Post.

The Closing Ceremonies are expected to be just as big. According to MTV, the event is rumored to have booked One Direction, Ed Sheeran, The Who, Take That and even a reunion of The Spice Girls.

"The main theme of the Olympic closing ceremony will be celebrating the best of British music, so it's only right that One Direction are opening the show," said the Daily Star, according to MTV. "They are the U.K.'s biggest music export at the moment behind Adele, who is also rumored to be involved in some way. It's all top secret and the boys aren't allowed to talk about it but they are thrilled."

The final lineup has not been confirmed. The closing ceremonies will take place Aug.12.

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