AEG lawyers argued that Jackson didn't perform 260 shows and make that much money even in his prime. "He never came anywhere close to that," Strong said. "No one other than Cher has ever done that."
Erk also calculated Jackson would have followed with four more world tours before he turned 65.
Palazuelos weighed in during a hearing on Thursday, noting that the Rolling Stones are still touring into their 70s.
The Jacksons will also try to convince jurors that he would have made a fortune off of a long series of Las Vegas shows, endorsements, a clothing line and movies.
Strong argued that Jackson had a history of failed projects and missed opportunities, calling Erk's projections "a hope, a dream, and not a basis for damages."
Erk, under the new ruling, will be able to tell jurors about the "loss of earning capacity" suffered by the family because of Jackson's death. This means the jury can consider the Jackson argument that he could have earned millions with a clothing line, endorsements and movies. The expert's estimate that Jackson would have completed five world tours before he was 65, if he had lived, can also be considered.
AEG can argue, however, that Jackson's past failures diminished the potential earnings.
None of the Jackson experts can offer an opinion on the question of whether Murray was hired by AEG.
The witness lists include many members of the Jackson family, including Katherine Jackson. Other celebrity witnesses on the list are Sharon Osbourne, Quincy Jones, Spike Lee, Ray Parker Jr., Lisa Marie Presley, Diana Ross and Lou Ferrigno.