AEW valued at 2 Billion by Forbes

[Deezy]

It’s weird how often this has to be explained but let me try one more time. Yes, business people don’t get into business ventures to lose money, typically. However, AEE was not started on the principle of wanting to make money. Whether you want to see this as a good thing or a bad thing.

The point of the matter is Tony just saw an opportunity to bring a different style of wrestling to the United States based on the appetite that the US was having towards the new Japan pro wrestling tours in the United States, the popularity of the elite and the bullet club, and the success of the independent show all in. Tony does not care about whether he makes money or else he wouldn’t spend the kind of money that he does. AEW could easily curb their budget if he wanted to. He does not.

Now let’s get to his father. His father‘s name is never mentioned in reference to AEW business. Never. Not when it comes to investor calls or media conferences. Not in negotiations with contracts or creative. As far as I can tell, the father has absolutely nothing to do with the company outside of the initial seed money. And he’s also never given any kind of statement indicating that he cares about whether or not AEW is making money or not.

He’s made only two statements to my knowledge; one being that he was proud of the success that all in had achieved and two, he literally said when AEW was founded in 2019 that he’s not one of those fathers that wants to see his kids spend his money after he dies. He wants them to spend his money while he’s still here. This is not a man that cares about losing money he has so much money he can never lose it all.

Lastly. AEW made $250 million. In revenue. That is a great amount of money that was made solely off of pay-per-view and tickets. That means the fan interest is there. The only thing that is stopping AEW from making a legitimate profit is his budget, but that will be rectified once AEW has the one thing that WWE has, that makes them the most money that’s TV rights fees. They are very close to securing that and once they do this money thing will no longer be a talking point.

Nice love letter.....now explain why rich people want to lose money.

 

[Kross Rhodes]

Nice love letter.....now explain why rich people want to lose money.

Maybe read it again, because I already explained that.

 

[Kross Rhodes]

That’s weird that people book who claim to be smart, can’t wrap their heads around a concept as simple as a hobby, or a passion project.

 

[Deezy]

Maybe read it again, because I already explained that.

Not really......."daddy let me do this" is no excuse.

Veruca Salt ass imo.

 

[Canadian Dragon]

Did people also forget Vince bought the company from his dad with a loan he took from his dad? Both companies were founded by money from the owner's parent. It's really not that big of a deal.

 

[Kross Rhodes]

Not really......."daddy let me do this" is no excuse.

Veruca Salt ass imo.

Man, I can’t help you if you’re unwilling to understand

 

[Bobby Barrows]

I mean look at Google's ownership of YouTube. The website is an absolute money sink for Google but the reason they keep it around is because they make so much money from other products and it's such an integral part of the internet that they don't care if it never makes money or not.

 

[Deezy]

More unaudited bullshit.......foh

 

[Canadian Dragon]

anyways being the 3rd biggest combat sports company in the world is not too shabby for a 5 year old start up

almost 10 billion in 2 wrestling companies is pretty wild too, fans are eating good

 

[Kross Rhodes]

It’s a wild because this isn’t even speculation. Shariq literally says I want my son to spend my money. And idiots are like, but why would a billionaire want to lose money? Maybe because he’s old and he’s literally a multibillionaire that is so rich that no matter how much AEW loses it’ll never be noticeable in his bank account. The money he’s losing is literally less to him than the money I spend every day on coffee.

 

[Kross Rhodes]

More unaudited bullshit.......foh

Be purposely ignorant, I could care less at this point lmao

 

[Kross Rhodes]

The man might’ve said so himself, but I don’t believe him because I don’t understand - Deezy

 

[Deezy]

The man might’ve said so himself, but I don’t believe him because I don’t understand - Deezy

SAys the people in that McMahon thread.

 

[Canadian Dragon]

It’s a wild because this isn’t even speculation. Shariq literally says I want my son to spend my money. And idiots are like, but why would a billionaire want to lose money? Maybe because he’s old and he’s literally a multibillionaire that is so rich that no matter how much AEW loses it’ll never be noticeable in his bank account. The money he’s losing is literally less to him than the money I spend every day on coffee.

also not being in the black at the end of the year doesn't mean a bunch of other money didn't come in. tax breaks etc also aply. and finally, yes, most businesses take years to be in the black, let alone one that has expanded so rapidly in costs. the article and tk have also said they have been bringing more revenue than any other year. finally the valuation of the brand is relevant because that's partly what companies pay for - no different than why so many ppl want to work with wwe. it's not just because ratings are good for wwe, it's because the BRAND itself is valuable

aka they bring in money

 

[Kross Rhodes]

SAys the people in that McMahon thread.

I don’t care about what’s happening in a totally unrelated thread.