'Rumours of FM' came to my neck of the woods a few years ago.
Tickets - I thought - were pricey for a tribute band (about $50) but I went anyways, and the venue was actually packed.
Yes, definitely endorsed by Mick (there was a welcome video as mentioned) and apart from song performance royalties, I assume he gets a cut of ticket sales - not to mention from merch (yes there was actually a merch booth for a tribute band!), and the 'VIP package'. One can pay to sit in on their rehearsal and do a meet-and-great (yeah really, of a tribute band!)