Bon Jovi has fired longtime lead guitarist Richie Sambora. The 54-year-old guitarist apparently left the group in the spring citing a “personal matter,” but RumorFix is now reporting that Sambora’s departure comes down to the money.

According to the site, Sambora was earning $2 million a month and 20% of the profits from Bon Jovi’s tour, while his replacement, guitarist Philip “Phil X” Xenidis, was earning $10,000 a month. Though he will still continue to pick up his royalty checks, it does not look like he’ll be joining the band on stage in the future.

While Sambora has not yet commented on the revelation, it has been known for some time that there were disagreements within the band. Last month, Sambora announced that he would not be joining Bon Jovi at their upcoming Hyde Park show, saying, “I am not going to be onstage at Hyde Park sadly. It’s just not happening right now. I truly want to be there and I feel very sad for the fans that I won’t be performing. I love the fans, I love the band.”