Kanye West is dealing with a medical emergency, but theres a silver lining ... it may have saved him millions of dollars.
Kanye announced the cancellation of his tour 6 hours before he was handcuffed to a stretcher and hauled off to UCLA Medical Center for psychiatric evaluation. The rapper not only reportedly lost around $30 mil for his cut of the remaining concerts, but hes on the hook for venues and others with whom he made contracts. TMZ has learned ... Kanye had an insurance policy that covered him in the event illness prevented him from performing.