Originally, city officials indicated that Philly would be on the hook for some of the expenses brought on by Labor Day weekend’s Made in America Festival as part of a cost-sharing agreement. Now, while specific details haven’t been immediately released, a city official says that Live Nation has already paid the city $200,000. The contract reportedly estimated the cost of the festival at $500,000. Mayor Nutter says that all of the details will be released shortly. [Daily News]

UPDATE: