Crazy Stat About WWE Revenue From Saudi Shows Versus WrestleMania
The controversial WWE deal with the Kingdom of Saudi Arabia just saw its eighth decoration live event take place on November 5 in the form of Crown Jewel 2022. Despite colorful enterprises girding the event, all WWE gift returned from the event safely, making the event an each- around success for the company.
Still, to call the Saudi events” financially successful” for WWE would be a massive understatement. According to Wrestlenomics, the PLEs that have taken place in Saudi Arabia have generated a aggregate of$ 400 million for the company over the once four times, an insane number for just eight shows. To put this into perspective, Wrestlenomics added that this dwarfs the ticket profit from all 38 WrestleManias combined, which have generated roughly$ 250 million( acclimated for affectation) since 1985.
This emotional number comes only four times into WWE’s planned 10- time cooperation with the Saudi government, one presently set to continue through 2027. While the events have been scanned by numerous since the initial Greatest Royal Rumble event took place in 2018, it seems doubtful that WWE will be ending the cooperation anytime soon. WWE directors Stephanie McMahon and Paul” triadic H” Levesque made the company’s strong relationship with Saudi Arabia clear the day before the Crown Jewel event, enduing a WWE Championship to the Chairman of the General Entertainment Authority for Saudi Arabia, Turki Al- Sheikh, as chants for the Crown Prince of Saudi Arabia echoed throughout the crowd.
While it’s unclear when the coming Saudi Arabia PLE will take place, the company will probably continue to fulfill its agreement to hold two events in the country every time.
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