That can't be right, can it?
Meltzer Stinks!
- Thread starter Max.
- Start date
That can't be right, can it?
Cattle Mutilation
Superstar
Media rights money is the only thing that makes any current live and traveling sports/sports entertainment product come anywhere close to being profitable.
I wouldn't even have the numbers for AEW to even begin to confirm or dispute that. Even Brandon Thurston's numbers he gives are estimates.
I'm having difficulty finding data for WWE in 2023 for the full year. Since they joined TKO, most of the earnings articles I can find talk about TKO as a whole and not broken down by UFC vs. WWE.
But for 2022, WWE's net revenue was $1,291.5 billion, of which $1,033.9 billion of that was media. That means media revenue accounted for 80.05% of their net revenue. Live events accounted for $123.1 million (9.53%) and consumer products (which I assume means all merch) $134.5 million (10.41%).
Press Releases | Corporate
corporate.wwe.com
So yeah without media rights money WWE would be bleeding more than someone who slashed open their aorta with a chainsaw
But without media rights money it would be an entirely different operation, so it's kind of a pointless argument to have. It's like saying "Well the Chiefs wouldn't have won the Super Bowl this year without Patrick Mahomes." Well duh no shyt, but they did so what's the fukking point?
CBoz
We Are NXT!
Just posting this to see if it comes true or not. 
Rell84shots
Veteran
It's why sports rights are so ridiculous now, it's also why they say these deals are good for the athletes new contracts.Media rights money is the only thing that makes any current live and traveling sports/sports entertainment product come anywhere close to being profitable.
I wouldn't even have the numbers for AEW to even begin to confirm or dispute that. Even Brandon Thurston's numbers he gives are estimates.
I'm having difficulty finding data for WWE in 2023 for the full year. Since they joined TKO, most of the earnings articles I can find talk about TKO as a whole and not broken down by UFC vs. WWE.
But for 2022, WWE's net revenue was $1,291.5 billion, of which $1,033.9 billion of that was media. That means media revenue accounted for 80.05% of their net revenue. Live events accounted for $123.1 million (9.53%) and consumer products (which I assume means all merch) $134.5 million (10.41%).
Press Releases | Corporate
So yeah without media rights money WWE would be bleeding more than someone who slashed open their aorta with a chainsaw
But without media rights money it would be an entirely different operation, so it's kind of a pointless argument to have. It's like saying "Well the Chiefs wouldn't have won the Super Bowl this year without Patrick Mahomes." Well duh no shyt, but they did so what's the fukking point?
Finn Baller
Superstar
it's why the salary cap keeps rising in both NBA and NFL
Cattle Mutilation
Superstar
Once the new NBA media deals kick in, there are going to be NBA players signing deals that pay them 100+ million a year.
Brad Piff
The Money & The Miles
Was coming in to post this lol
