Lets be honest aew is a tax write off for shad khan. They don't even try making a profit. The warner tv deal is i think 45 million. It costs about half a million per week to produce the show. That leaves 23 million for everything else. We already know the video game was over 23 million and they're never getting that money back. They keep signing people they'll never use. This company is trying to lose money. Its comical seeing their fans try to claim they're profitable
That's true. Outside of something catastrophic like an in-ring death or severe injury lawsuit it will keep going as long as TK wants to, because losing X million a year to keep him happy and occupied is well worth it to his dad, and that amount of money is absolutely trivial to him. It's as simple as that.
From what I understand, they will struggle unless they get a real increase in their next TV deal. But does anyone have an idea of what they net after a $7.5 million gate?
A few months ago I got buried on SC for even suggesting AEW wasnât profitable. They even came out and said they didnât expect to be for 5 years before the company even got off the ground.
Agreed, but this doesn't even cover what is probably the worst financial hit of the entire organization, which is staffing. Very first thing you learn in any business course is that your employees are the biggest cost, and all you have to do is go back through Jim and Brian's recent videos on who is currently employed by AEW. Hundreds of wrestlers, many not featured ever except on YouTube, a bunch of referees, managers, announcers, trainers and lord only knows how many behind-the-scenes people. Better still, most of the wrestlers were booked for multi-year deals. Granted, I am sure they make a good amount of money in other ways, like advertising and merchandise, but I would be amazed if it offset such a massive roster.
Wait where are you taking the game being over 23 million from? We know it's 8 digits, but for a video game that really sounds more like 10-11 than anything else.
Notice how he never talks about how much profit they make, only how much they gross. I wouldnât be surprised if they donât make anything I really wouldnât.
I used to work at a production company that would do the exact same thing. They'd have a round of applause for the guy that closed the 2 m deal, but I was doing the budget for the project and best case scenario they'd only profit 50k. But no one talks about that.
Uncle Dave being triggered when people criticize his favs is always amusing. If he was decades younger and a gal, he would be a Groupie and probably would sleep with the boys.
How he can call himself a journalist is beyond me. For example, I work in weather journalism, if I was a mark for Chicago and wrote in all my tweets âwell the weather in Chicago was great today I donât know what youâre talking aboutâ after a freak snowstorm, I would be laughed at. But Dave really does this for AEW. Heâs actually one of the guys that got me into writing, so it just makes me sad
I think it's weird asf when "fans" concern themselves with the business side of the industry. Unless you're benefitting from it why would you pretend to play stock broker, jesus half of these people should be on wall street if you listened to them.
Davey was a mark whose first "sources" were the Cow Palace ring rats until he graduated to carrying Ric Flair's jock. That's why Meltz was always so pro-Flair - his main source in that era was Flair himself.
The facts and figures will only come out years after itâs closed down so we have to wait another 13 years max and thatâs even if they release them, all we will know for deffo is some contracts, the game(s), production costs and one or several lawsuits that will become public knowledge. I know itâll make late wcw look like pennies though and will be considered another UWF
And theyâre quarterly, TNA during its peak would do about 105k buys per quarter, so itâs an increase but not by much (and internet PPV wasnât a viable option for them in 06, if it was the gap wouldâve been closer)
Does AEW release expenses and profits? I donât see how it can be making money, but at the same time Dave is right that no promotion outside of WWE has pulled those numbers in years. TNA never got close from my understanding, which is sad.
... Smokey Mountain wrestling couldn't even do a fraction of that back when wrestling was "hot" and "actually good/popular" ..... Most of you would boo the shit out of a match today if it emulated what his version of wrestling is. It's boring as hell and that's why the attitude era and monday night wars had to come in and make wrestling appealing again..
Jim started a territory promotion in Buttfuck Egypt five years after the territory system effectively died, with a backer who told him to spend as little money as possible. That's totally the same thing as the coke-addled Asperger's money mark with the bottomless pockets.
Wrestling was "hot" in the early '90s? Is that why WWF moved WrestleMania 7 from the 93,000 seat capacity LA Coliseum to the 16,000 seat capacity LA Memorial Sports Arena after failing to sell enough tickets to make the former a viable venue?
This is exactly right. If Jim all of all of a sudden said omega was Lou thesz, these people would all agree. Cornettes style of wrestling hasnât been popular since the 80âs and would bore everyone to death. Heâs just ruling up these old men with little going on, to make money off of them.
Only inside the mind of some idiot is grossing 7.5 million dollars in one day a bad draw for a 4 year old wrestling promotion. Iâm not even much of an AEW fan.
Lets be honest aew is a tax write off for shad khan. They don't even try making a profit. The warner tv deal is i think 45 million. It costs about half a million per week to produce the show. That leaves 23 million for everything else. We already know the video game was over 23 million and they're never getting that money back. They keep signing people they'll never use. This company is trying to lose money. Its comical seeing their fans try to claim they're profitable
That's true. Outside of something catastrophic like an in-ring death or severe injury lawsuit it will keep going as long as TK wants to, because losing X million a year to keep him happy and occupied is well worth it to his dad, and that amount of money is absolutely trivial to him. It's as simple as that.
I read this Scott Steiners voice đ
So AEW is WKRP.
Daddy Shad kicked Tony off having any decisions at Fulham for a reason.
From what I understand, they will struggle unless they get a real increase in their next TV deal. But does anyone have an idea of what they net after a $7.5 million gate?
Do you have sources on any of this? I'm having trouble finding any
A few months ago I got buried on SC for even suggesting AEW wasnât profitable. They even came out and said they didnât expect to be for 5 years before the company even got off the ground.
Agreed, but this doesn't even cover what is probably the worst financial hit of the entire organization, which is staffing. Very first thing you learn in any business course is that your employees are the biggest cost, and all you have to do is go back through Jim and Brian's recent videos on who is currently employed by AEW. Hundreds of wrestlers, many not featured ever except on YouTube, a bunch of referees, managers, announcers, trainers and lord only knows how many behind-the-scenes people. Better still, most of the wrestlers were booked for multi-year deals. Granted, I am sure they make a good amount of money in other ways, like advertising and merchandise, but I would be amazed if it offset such a massive roster.
Wait where are you taking the game being over 23 million from? We know it's 8 digits, but for a video game that really sounds more like 10-11 than anything else.
Notice how he never talks about how much profit they make, only how much they gross. I wouldnât be surprised if they donât make anything I really wouldnât.
I used to work at a production company that would do the exact same thing. They'd have a round of applause for the guy that closed the 2 m deal, but I was doing the budget for the project and best case scenario they'd only profit 50k. But no one talks about that.
Uncle Dave being triggered when people criticize his favs is always amusing. If he was decades younger and a gal, he would be a Groupie and probably would sleep with the boys.
Implying he doesnt jerk off to oliviers pictures
Just how a journalist should behave am I right
Grossed, but no profit.
Funny how Dave canât get the profit numbers
They are like WCW with Ted Turner Money
Only half? I'd cut the roster by like 75 percent.
And they got their highest paid wrestler sitting at home đ
You notice how Dave does not address the point which is true?
I'll take "Things you say when you're on the payroll" Alex for 500.
Exactly
How he can call himself a journalist is beyond me. For example, I work in weather journalism, if I was a mark for Chicago and wrote in all my tweets âwell the weather in Chicago was great today I donât know what youâre talking aboutâ after a freak snowstorm, I would be laughed at. But Dave really does this for AEW. Heâs actually one of the guys that got me into writing, so it just makes me sad
He was the first and only for a long time thst reported on wrestling so he was somehow classed as a journalist.
I donât think Dave understands.
They would have made more with Punk around
Punk shouldnât have been there to be honest, cause he couldnât afford punk. He probably got extremely fleeced by him too 10+ mill.
I think it's weird asf when "fans" concern themselves with the business side of the industry. Unless you're benefitting from it why would you pretend to play stock broker, jesus half of these people should be on wall street if you listened to them.
Davey was a mark whose first "sources" were the Cow Palace ring rats until he graduated to carrying Ric Flair's jock. That's why Meltz was always so pro-Flair - his main source in that era was Flair himself.
The facts and figures will only come out years after itâs closed down so we have to wait another 13 years max and thatâs even if they release them, all we will know for deffo is some contracts, the game(s), production costs and one or several lawsuits that will become public knowledge. I know itâll make late wcw look like pennies though and will be considered another UWF
Roster Salary: $7.39 Millions
So, about 150,000 people bought the PPV?
And theyâre quarterly, TNA during its peak would do about 105k buys per quarter, so itâs an increase but not by much (and internet PPV wasnât a viable option for them in 06, if it was the gap wouldâve been closer)
Why does Dave simp for aew so hard? Honestly how does a 65 year old become this pathetic?
Does AEW release expenses and profits? I donât see how it can be making money, but at the same time Dave is right that no promotion outside of WWE has pulled those numbers in years. TNA never got close from my understanding, which is sad.
I am not a lawyer, but I think only public companies have to make those disclosures.
Okay so lets consider
If you think thatâs a bad number you have no business voting or making decisions without the help of an aide.
Since when is this a bad number?
That should end up at about a solid 25$ for each roster member
Outside of wwe and wcw, what other company grossed 7.5?
Horrible numbers, who could survive with only 7 million dollars. Gosh dang biden
... Smokey Mountain wrestling couldn't even do a fraction of that back when wrestling was "hot" and "actually good/popular" ..... Most of you would boo the shit out of a match today if it emulated what his version of wrestling is. It's boring as hell and that's why the attitude era and monday night wars had to come in and make wrestling appealing again..
Jim started a territory promotion in Buttfuck Egypt five years after the territory system effectively died, with a backer who told him to spend as little money as possible. That's totally the same thing as the coke-addled Asperger's money mark with the bottomless pockets.
Wrestling was "hot" in the early '90s? Is that why WWF moved WrestleMania 7 from the 93,000 seat capacity LA Coliseum to the 16,000 seat capacity LA Memorial Sports Arena after failing to sell enough tickets to make the former a viable venue?
What does this post have to with a local promotion that closed its doors almost 30 years ago?
The thing is pal, it made sense.
This is exactly right. If Jim all of all of a sudden said omega was Lou thesz, these people would all agree. Cornettes style of wrestling hasnât been popular since the 80âs and would bore everyone to death. Heâs just ruling up these old men with little going on, to make money off of them.
Only inside the mind of some idiot is grossing 7.5 million dollars in one day a bad draw for a 4 year old wrestling promotion. Iâm not even much of an AEW fan.
The point is ''How much is Tony spending for half empty arena's, cant break a million consistanly in the ratings and a $7.5 gross ''
I agree with your sentiment but I think the point is AEW probably spends $15 mil to gross $7.5.