Prince will be paid $4 million to perform at the Coachella Valley Music & Arts Festival, according to U.S. reports.

The singer will headline Saturday night at the three-day music event in California, which begins on April 25th.

But he was only added to the festival line-up in a bid to increase ticket sales, according to other reports.

A source says, “Prince was a late addition to the line-up. The promoters added him to try and sell more tickets and make up for a less than stellar, in comparison to years past, roster of performers. The exact amount Prince is getting paid for his Coachella performance is $4.8 million.”

Source

Prince and wife Manuela Testolini Nelson are divorcing, PEOPLE has learned.

Alan Eidsness, the lawyer representing Prince, confirms that a divorce action was filed at Minnesota’s Hennepin County District Court on May 24. The documents are sealed.

Prince (full name: Prince Rogers Nelson), 48, and Testolini Nelson, 29, a former employee at Prince’s charitable foundation, were married in 2001. She took her husband’s last name.

Testolini Nelson, a Toronto native, is the founder and president of Gamillah, Inc., which operates, among other ventures, a production company and a line of designer candles. She is also involved with nonprofits including YouthCARE and United Communities Against Poverty.

Prince, who is working on a follow-up to his critically acclaimed 2006 album 3121, was previously married to backup singer and dancer Mayte Garcia from 1996 through 1998, when their union was annulled.

Reps for Testolini Nelson had no comment; Prince could not be reached.