Lollapalooza Is A Wrap — But It's Coming Back For 10 More Years (And Maybe Getting Larger)

GRANT PARK — Lollapalooza brought hundreds of thousands of people to Grant Park over the weekend — and the festival will return for at least another 10 years, Mayor Lori Lightfoot and festival co-founder Perry Farrell announced Sunday.

The city reached a deal with Lollapalooza’s organizer, C3 Presents, that will keep Lolla at Grant Park for at least another 10 years, with a five-year extension possible, the city said.

The festival will be allowed to expand its capacity to 115,000 per day as part of the deal. It drew reported sellout crowds of 100,000 on Friday, Saturday and Sunday, and a near sellout Thursday.

Lightfoot and Farrell announced the deal Sunday night as Lolla began to wind to a close.

“Lollapalooza is not only a significant economic driver for our city, but a truly iconic Chicago summer festival,” Lightfoot said in a statement. “I am thrilled to come to this agreement that will ensure Lollapalooza is here to stay for the next decade — bringing music, culture and joy to both residents and tourists for years to come.

Hope you’re ready Chicago! #HOBIPALOOZA #JHOPE #Lollapalooza pic.twitter.com/uEvt9d6Pfs
— Mayor Lori E. Lightfoot (@chicagosmayor) August 1, 2022

The deal is expected to bring millions to the city over the years, with the Park District receiving 5-20 percent of revenue from the fest per year, with the amount varying depending on how much the festival brings in from admission, goods and services, licensing sales, sponsorships and streaming. C3 also guaranteed it would pay the Park District at least $2 million if a four-day fest is held, $1.5 million if the festival is three days and $750,000 if there is no festival.

C3 will commit $2.2 million to Chicago Public Schools and will provide some funding for renovating Grant Park’s tennis courts.

The announcement came moments before K-pop sensation J-Hope took to the stage in front of tens of thousands of super fans who camped out for hours to see him perform.

Photos of Lollapalooza 2022:

J-Hope closes out the festival at the Bud Light Seltzer stage during the last day of Lollapalooza on July 31, 2022.

Charli XCX performs to thousands of fans at the Bud Light Seltzer stage during the last day of Lollapalooza on July 31, 2022.

Glass Animals performs during the second day of Lollapalooza on July 29, 2022.

Kenya Smith and Bobbi Ponder dance as Pinkpantheress performs during the last day of Lollapalooza on July 31, 2022.

Fans sip beer as they watch Glass Animals perform during the second day of Lollapalooza on July 29, 2022.

Security checks as festival goers show off their wristbands while entering the grounds during the last day of Lollapalooza on July 31, 2022.

Machine Gun Kelly performs during the second day of Lollapalooza on July 29, 2022.

Rapper Sofaygo performs during the second day of Lollapalooza on July 29, 2022.

Festival goers react as the cans Ian Skiersch tried to stack into a tower collapsed during the second day of Lollapalooza on July 29, 2022.

Security pulls a crowd surfer out as Machine Gun Kelly performs during the second day of Lollapalooza on July 29, 2022.

India Shawn sings at the BMI stage during the last day of Lollapalooza on July 31, 2022.

Quinn Deckard and Tiffany Michele enjoy a curbside dinner break as the sun slowly sets during the second day of Lollapalooza on July 29, 2022.

Festival goers pack around the T-Mobile stage to see Måneskin perform during the last day of Lollapalooza on July 31, 2022.

Kid Laroi performs at the Bud Light Setlzer stage during the last day of Lollapalooza on July 31, 2022.

Festival goers walk around during the second day of Lollapalooza on July 29, 2022.

Green Day closes out the festival on the T-Mobile stage during the last day of Lollapalooza on July 31, 2022.

A fan climbs a tree to see Pinkpantheress perform during the last day of Lollapalooza on July 31, 2022.

David Solomon, CEO of Goldman Sachs, performs a DJ set during the second day of Lollapalooza on July 29, 2022.

Festival goers meander through Grant Park during the last day of Lollapalooza on July 31, 2022.

Bob Moses performs during the second day of Lollapalooza on July 29, 2022.

J-Hope and BTS fans flock in numbers to see J-Hope as he closes out the festival at the Bud Light Seltzer stage during the last day of Lollapalooza on July 31, 2022.

Nash Rathle smiles and dances as Atliens perform during the last day of Lollapalooza on July 31, 2022.

Local Natives perform at the Tito’s Handmade Vodka stage during the last day of Lollapalooza on July 31, 2022.

Festival goers block the sun from their eyes as Local Natives perform at the Tito’s Handmade Vodka stage during the last day of Lollapalooza on July 31, 2022.

Merv holds copious chicken sandwiches during the last day of Lollapalooza on July 31, 2022.

Salt trucks block Michigan Avenue as people leave the second day of Lollapalooza on July 29, 2022.

Michael carries Jenna on his back on Columbus Drive during the last day of Lollapalooza on July 31, 2022.

J-Hope as he closes out the festival at the Bud Light Seltzer stage during the last day of Lollapalooza on July 31, 2022.

Festival goers sing and dance as Young Nudy performs during the last day of Lollapalooza on July 31, 2022.

Festival goers kick up sand and dirt on a baseball field near the Solana x Perry’s stage during the last day of Lollapalooza on July 31, 2022.

Pinkpantheress performs during the last day of Lollapalooza on July 31, 2022.

Rezz performs during the second day of Lollapalooza on July 29, 2022.

Festival goers camp out to see BTS star J-Hope during the last day of Lollapalooza on July 31, 2022.

J-Hope fans watch as Kid Laroi performs at the Bud Light Setlzer stage during the last day of Lollapalooza on July 31, 2022.

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Lollapalooza Is A Wrap — But It’s Coming Back For 10 More Years (And Maybe Getting Larger)

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