How Much is AEW Worth?
Overview of All Elite Wrestling (AEW)
All Elite Wrestling (AEW) is a professional wrestling promotion founded in 2019 by a group of entrepreneurs, including Cody Rhodes, Nick Jackson, and Matt Jackson (also known as The Young Bucks), and businessman Shahid Khan. AEW is headquartered in Jacksonville, Florida, and is considered one of the largest and most successful professional wrestling promotions in the world.
Financial Performance of AEW
As a private company, AEW's financial information is not publicly disclosed. However, according to various reports and estimates, here are some key financial milestones achieved by AEW:
Revenue
- AEW's revenue for 2020 was reportedly around $150 million.
- In 2021, the company's revenue increased to around $250 million.
- AEW's revenue for 2022 is estimated to be around $350 million.
Valuation
- In 2020, AEW's valuation was estimated to be around $500 million.
- As of 2022, AEW's valuation is estimated to be around $1 billion.
Key Revenue Streams
AEW generates revenue from various sources, including:
Television Rights Fees
- AEW has a lucrative television deal with TNT, which pays the company around $45 million per year.
- AEW also has a deal with B/R Live, which pays around $10 million per year.
Live Event Revenue
- AEW hosts several live events throughout the year, including pay-per-view (PPV) events, which generate significant revenue.
- The company's live events are often sold out, with ticket prices ranging from $50 to $1,000.
Merchandise Sales
- AEW sells a wide range of merchandise, including clothing, action figures, and accessories, both online and at live events.
- Merchandise sales are a significant revenue stream for the company.
Sponsorships
- AEW has partnerships with several major brands, including WarnerMedia, Boost Mobile, and GEICO.
- These partnerships provide AEW with significant revenue.
Conclusion
All Elite Wrestling (AEW) has experienced rapid growth and success since its founding in 2019. With a valuation of around $1 billion and revenue of around $350 million in 2022, AEW is one of the largest and most successful professional wrestling promotions in the world. The company's success can be attributed to its innovative approach to professional wrestling, its talented roster of wrestlers, and its lucrative television deals and sponsorships.