Quote:
Originally Posted by hb2k
Only just saw this.
You got the value of NXT's TV deal wrong. Also, NXT has been losing money since the start of them running. That's also been in those public reports you mentioned as part of your argument.
Thanks for playing.
|
AEW is not profitable, no matter how many times Dave Meltzer says it is. It is a passion project Tony Khan got his father to foot the bill for.
There is 0 ways they can give every wrestler the "biggest and best contract of their whole careers" while the only revenue they get is a lower value TV deal, a few dollars on 50,000 t-shirts from pro wrestling tees, and PPVs that get 125,000 buys 4 times a year.
NXT was not meant to turn a profit, but then they got a TV deal which at the very least turned whatever they were losing into a profit threefold. That is not even counting the WWE ad rate deals, nor whatever way WWE wants to classify NXT's share of that new $200 Million a year Peacock deal and the overseas WWE Network subscribers.
Nobody on NXT's roster is making a million dollars a year. AEW is paying that to a 50 year old commentator for their lower profile YouTube show.
If you knew anything about P&L reports, there is no column for "daddy gave me more money, yay we are profitable".