That money has to be split between him and all of the other artists who were on tour with him. Their labels get a cut too. Idk, but I'm thinking that he'll get at least 5million 10 at the most, but Idk. I have absolutely no idea.
Usually its split up like this.
Live Nation pays for the tour. i.e. production, venue rentals, promo, artist fees, and they run & operate the show.
The artists get up front fees depending on the market, regardless of ticket sales...
for Cole I can assume he gets 200k per show + 75% of merchandise (venue keeps 25%.venue also keeps liquor/beverage)
Live Nation keeps 100% of the Gross. so does AEG Live when they do their tours.