This is an interesting move. The Khans have enough money behind them to create something pretty much sustainable. They can also benefit their other companies from this venture. Tony runs a a sports media and marketing agency or something, and Shad has his fingers in engineering and mechanical development, I believe. Plus Shad can always put the boys up in his hotel when they're in Toronto. Slightly more seriously though, they can benefit from the current landscape. WWE fans are fed up and the product has changed from being even sports entertainment to being this volume cover-all automatic content-driver. A promotion that requires two hours commitment a week could be refreshing to the demographics who would show interest in WWE. The TV landscape has also changed tremendously since the days WCW went out of business. Now TV is going out of business, and it needs live entertainment to kind of keep things chugging along. Vince gets paid $100 million per hour he generates. Getting paid $50 million is half-price and enough to cover a lot of your company's expenses.
There are some serious people involved in this. Jim Ross and Barry Bloom (if Bloom is still involved) have a history of being involved in some really important backstage stuff. Plus, JR was the voice of WWF at its highest peaks. That might not mean anything to many TV executives, but having Vince McMahon's announcer and former head of talent relations does a lot for posturing. Providing another place for people to work also means that WWE talent can have more leverage negotiating with WWE, which is going to be good for that product too. But the problem WWE has is that they are committed to this obscene amount of content they need to create each week. All Elite has the benefit of being able to have sharper, succinct, pro-wrestling focus. I can see this being strangely successful.
Putting this show on a Tuesday night is a bad idea
SmackDown is going to be moving to Fridays, which is a bad night for television. Wrestling fans who are in the habit of watching on that night are going to be looking for something else to watch. WWE could change their schedule up to keep the Tuesday touring date and try and launch a new show to compete on Tuesdays, but that is going to be the third wheel and just going to stretch them further.
Where did you get that number? Seriously asking because I haven't seen anyone throw an actual number out there.
I haven't seen an actual number either, but maybe it's coming from Khan being willing to spend $800 million on Wembley Stadium (which is the price of 80 WrestleMania sets). I'm not sure whether he's going to be funding it himself, or whether he's going to be splitting the bill with Tony, Cody, The Bucks and possibly other investors, but if he's willing to put even half of that amount into things, then they are off to a viable start. They'd need more than that to run at Vince's level, but none of that takes into account the growing pains of starting your own promotion off smart and the amount of revenue you will get in.
Shahid Khan is no Effin joke man, He's really turned the Jags around overall excluding this season. If hes serious about this, he'll be pouring SERIOUS money into it. Dude almost bought Wembley stadium.
Yep. The only reason a billionaire would get into a wrestling promotion is if he saw how to make money off it. I mean, right now it's all theoretical, but if they get a TV network that is willing to agree (and the name "Dynamite" makes me think they are angling for TNT), then all of a sudden splitting with a bit of money to cover contracts and overhead is nothing. It really does come down to whether or not they can get a TV deal. Otherwise, Khan could float it, no worries, but it's just a matter of whether or not it gains the traction he wants and whether he considers the long-term risk (even if the money is a small drop in his bucket) worth it.