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Garth Brooks' upcoming free concert in Central Park could cost the country singer a bundle.

Brooks had planned to release his new album the same day, hoping sales would help offset the cost of the outdoor show in New York City. But the sudden closing of his record label last month has delayed the album release.

Among the 175 EMI Records employees fired by its British parent company were the only people Brooks trusted to launch the new album, "Sevens."

"When this record thing went down, I didn't sleep," Brooks says in the Aug. 2 issue of TV Guide. "(I was) on the phone until 4 in the morning to London, screaming my guts out."

With no album to promote, Brooks says staging the Aug. 7 concert will cost him more than his fee from HBO, which will broadcast the event. "But we made a deal going in, and it's a deal."

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