How much does it cost to rent out Madison Square Garden?

Taylor Swift and Travis Kelce are set to get married this weekend, putting together one of the highest-profile weddings in modern American history.

As a result, Swift and Kelce needed a unique place to get married, which is why they rented out Madison Square Garden for the occasion. The pair will have around 1,000 guests, many of them high-profile celebrities, and they needed a venue that was both easy to access and private enough to avoid the public.

The couple will celebrate their nuptials in the same arena that hosts sporting events, concerts and other entertainment. "The World's Most Famous Arena," however, is available for private rental for anyone who has the money.

Here's a look at how much it costs to rent out MSG for a private event.

How much does it cost to rent out Madison Square Garden?

Madison Square Garden offers the ability to rent out any of its properties for the following events: 

• Corporate Events
• Graduations
• Performances
• Film Shoots & TV Shoots
• Photo Shoots
• Press Conferences
• Fashion Shows
• Private Parties

However, the arena keeps prices for any event to itself until discussing the actual event with the planning party. According to TMZ, the price is around $1 million per event, but that depends on the type of event taking place.

The $1 million price tag comes before any of the other expenses like food, utilities and the rest, but one of the most expensive parts of the price tag is renting the venue itself.

Madison Square Garden capacity

Madison Square Garden capacity for private events depends on the type of event taking place. According to the MSG website, here's the capacity options that the arena offers:

• Capacity: 19,500
• Cocktail Capacity: 2,000
• Banquet Capacity: 1,250
• Theater Capacity: 2,000

Swift and Kelce will reportedly have around 1,000 people at the party, putting this wedding in the area of MSG's Banquet Capacity.

How much will Taylor Swift wedding cost?

CNN reports that, according to several different luxury wedding planners, Taylor Swift and Travis Kelce's wedding at Madison Square Garden costs between $10-20 million. That includes everything from renting the venue to any of the other typical wedding costs, but just for 1,000 people.