Jim Cornette on AEW's Financial Estimate For 2023
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- เผยแพร่เมื่อ 16 ธ.ค. 2023
- From Episode 322 of the Jim Cornette's Drive Thru
Artwork by Travis Heckel!
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You can listen to Brian each week on the 6:05 Superpodcast at 605pod.com. - ภาพยนตร์และแอนิเมชัน
Firing CM Punk and keeping the Elite is the equivalent of WWE firing John Cena and keeping the Spirit Squad.
Yea at least they had Dolph Ziggler in that group
CM Punk was doing the same things you WWE Marks were complaining about in 2014 but yeah it's all Tony's fault that CM Punk never changed and I bet he will do the same in WWE in about a year..
@@therealityofitall4819he won't
@@therealityofitall4819 yeah going round comment sections saying "you wwe marks" stfu get some hobbies.. lift weights.. you geek..
@@kellerblair2952the spirit squad had spirit unlike Joey Styles
Tony’s not here to make money, he’s here to make friends.
And non of the wrestlers aren’t Tony’s friends they are there to get as much money from a Richie rich boy who’s got more money than sense.
@@BetterCallJamie 100%….Tony must be the most oblivious person on the planet to not know he’s getting finessed and ripped off by the EVP’s and friends
Will they keep in touch when AEW goes bust?
@@RedVDaveRVDTVWe all know the answer, of course not. Once the money sink is shut off, they move on while Tony is back in his mansion's basement doing his e-fed non-sense.
@@RedVDaveRVDTV no! They will bleed him dry and try to jump ship to wwe or tna
When punk says he worked with a bunch of children i think he meant Tony himself
*on the spectrum child.
Ha.
Pretty confident he meant the Elite and a lot of the roster as well.
If you rewatch the footage of the scrum, he actually gestures towards Tony when he says he works with children. It’s quite subtle but it’s there!
@@opinionatedWrestlinggood point! Took me a year to notice it
@@opinionatedWrestlingI swear to God, I thought I was the only noticed that. He actually pointed towards Tony when he said that. What a legend 😂
All In at Wembley to Tony Khan is what 4 touchdowns at Polk High is to Al Bundy.
This comment deserves all likes possible
😂😂
😂😂😂😂😂 bruh comment of the year
IN A SINGLE GAME
Can I get a woah bundy?
I wouldn’t take so much joy in AEW’s failings if they weren’t so full of themselves. Between Tony’s Twitter, the wrestlers not taking advice, it’s culture chocked with loud and unearned arrogance. They need to be humbled if they’re ever going to improve.
That's my feelings on the matter. There is so much Tony could have kept in check if he was a boss.
And don't forget Dave Meltzer's endless excuses, rationalizations, and outright shilling.
If AEW didn't have guys like Hangman, jungle jackass, bucks and Guevara, I probably would have felt bad for their failings. As the roster is full of talented people like FTR, Ricky Starks, MJF, Darby, Swerve, Christian and adam. I mean, Christian cage is killing it in AEW in a good way. But I hope, this actually tells tony, that who's actually selling and who's not
They had 1 great year, 1 good year, got full of themselves, and did damn near everything wrong. Now Tony tryna save face instead of saving AEW.
@@marathiboi96 what's wrong with hangman? He's good in the ring and does business the right way. He just needs to improve on the microphone.
In Anthony Bourdain's book Kitchen Confidential, he describes the worst kind of restaurant owner. I'll paraphrase. You take some guy who made a bunch of money in another business, like a dentist, for example. And he likes to cook and throws excellent dinner parties. And he has this dream of starting a restaurant. So he rents a space and buys a whole kitchen's worth of fancy equipment, and then he hires a chef, and then that chef staffs the kitchen with all of his friends who couldn't get hired anywhere else. And he starts comping meals for all the big restaurant reviewers and any kind of public figure he can get to come to the place to generate some buzz.
Making money was never the #1 goal, or even the #2 goal. He wants to be be in the paper. He wants to have a little squad of cute waitresses to work his way through. He wants to be well liked by his employees. All of that matters more than the bottom line.
Well, here we are.
Fuck, if my dad was a billionaire I’d just open a restaurant. That sounds awesome
Mox: Can the frying pans be wrapped in barb wire?
@@scholarishere I'll admit, it does sound like a lot of fun.
Only difference is Tony ain’t working through any of the women.
@@drillosophy1012I'm guessing piles of blow are Tony's women and he is going through them like there's a drought coming.
WBD: "Tony, how much money did we make."
Tony Khan: "You can ask, but I don't want to talk about it."
If WBD don't pick AEW back up Tony will say they made him fear for his life lol
I’ll say it again the fact that Endeavor did a streaming deal with TNA instead of Aew should tell you how they view Aew as a whole
No one in their right mind business wise should want to do business with Tony Khan. The guy is way too unprofessional.
@@Kalbuir66facts
What a kick to the nuts that is
Holy shit, I hadn't heard that til now. The fact that we're nearly in 2024 and AEW ain't on a streaming platform still is not good. My friends and I are already saying that paying PPV prices for their PLE's is just not worth it at this point.
Punk has a good working relationship with Endeavor. AEW Suspends Punk. Punk visits Impact and WWE. AEW Inks deal with WBD Months later he's fired. 3 months later Punk returns to WWE and Endeavor inks a deal with TNA....... Call me crazy but is it possible WBD may have gotten the Impression that AEW used Punk to ink that deal for Collision and decided we don't want to do business with a company that uses shady practices? Actually WBD might of saw that segment Jungle Boy did on real glass and thought boy these guys are REAL STUPID! Did anyone for even one second stop to think that on it's own was dumb and arrogant? Just because AEW and WBD have a deal it doesn't mean that WBD bends the knee to AEW and that's where I think a lot of AEW fans are lost in the woods at.
Tony’s excuse for AEWs poor financials, “AEW is under attack” 🤦 😂
By outside forces working against him and Jericho.😂😂😂
@@andisugebut but but WwE BoTz and HaTeRZ
Tony is doing it for his dead homies like Watts and Graham who would burn their TV down before watching his show
They call them edrones lol it's so cringe..@@CairnieR
@@CairnieR And Vince. Even when he's out of the picture, he's somehow the puppet master behind everything bad in wrestling according to AEW superfans.
When Punk said I'm here to make money, not friends. I do believe this is exactly what he was referring to
you don't know he could of been alluding to it.
So it was okay for CM Punk to bury AEW but it was a crime for him to bury WWE.. Your Typical WWE Mark I see..
@@therealityofitall4819I can tell you had to repeat the first grade.
@@therealityofitall4819people should bury AEW, its dead and starting to stink.
@@therealityofitall4819 I mean punk had personal reasons to say things about the WWE. I mean they made him wrestle with an infection, gave him severance papers on his wedding day made him work with a guy who injured him twice (ryback) you can’t really fault him for being upset. However everything that happened in AEW was stuff that could’ve been avoided business wise. So yea it’s funnier when he buries AEW because it’s all out in the public and it’s been proven. For the most part the WWE stuff was speculation.
"I'm here to make friends, not money." - Tony Khan
Spending money makes friends👍
Hahahahaha 😂😂😂😂
The Bucks (and, Jungle Perry) are bad friends.
And those friends want all his money :D
😂😂😂
Somebody please ask Jim & Brian to do some Corny Awards for 2023.
Omg yes please!
Yes x100000
The "Thank you, fuck you, bye " - presented to a wrestler/personality who should be run out of the business
The "wet fart in church " - hyped up angle/story that became a dud
"Penthouse to the outhouse" - wrestler/talent that fell the hardest in Corny's eyes
"Plumber Moxley" - worst and most egregious garbage match to air this year
That would actually be meaningful, judged by someone with experience.
Booker of the year: 9 way tie of everybody except Tony 😂
And then last night Tony had another Twitter breakdown while hashtagging the TV channels he's trying to negotiate a new deal on. Brilliant bit of business.
After we got done with Tony constantly reporting every show and match on Twitter. Social media does terrible things to people. Even the ignorant ones.
I saw he was arguing with disco inferno lol
Wait, sorry, let me get this right.
Tony had a Twitter rant, and tagged in his potential partners who he wants to air his show on?
That's literally the equivalent of company suicide!
Like, that, just wait.
No. It's self explanatory, this isn't how to act as a CEO. No sorry, an owner of a product.
I'm willing to bet if you tweeted at TK calling him a bitch, it would trigger a meltdown... @@Bls-of1ld
@@Bls-of1ld At this point, we might hear Erid Bishoff and Vince Russo talking to Tony. Let's bring on the so-called saviors of WCW and TNA to help this sinking ship.
Tony ignored the warning signs and then increased ticket prices to make up for declining attendance numbers.....and now those extremely loyal fans have begun to walk away. And the merch is mud show junk -- which can't be helping the cash flow.
Bought a dog collar match punk/mjf shirt. The only cool piece of merch I have ever seen them sell.
No, they charged the loyal fans from beginning (ROH streaming service price).
The merch would be fine if they actually sold it. But there are reports, tons of them, about AEW merch stands being really weak.
@@PiCheZvara - That is definitely true. It's true for both AEW and ROH merch stands. They don't sell any high-ticket items at the shows!
@@PiCheZvaraIf I recall, one of the Bucks’ wives was in charge of merch. Wait a great decision!
Biggest mistake AEW made was firing Cm Punk. They do not have any million dollar gate draw now. Not even close. They are so stupid. They chose to keep Jungle Boy.
Punk should’ve been THE priority of AEW. When Vince was in charge, he would only care about what Cena was doing , which I used to hate when I was younger. But now thinking about it, Cena was THE star of WWE and he drew all of the ratings and was a major mover of merchandise. Punk was the franchise player there, he should’ve been the only focus TK had
@@ChaosTheory9 This guy gets it. It's funny how we all seem to understand Vince in hindsight as we age.
They need to cut 50% of their roster to have a slight chance at profitability in next 2-3 years.
WWE have 224 on-screen talent including wrestlers, announcers, authority figures etc across 7 hours of TV a week (RAW,SD,NXT) - granted most the NXT talent are on less than 100k a year. That’s 32 talent per 1 hour of TV. And WWE makes about $70 million on average per 1 hour of TV! That’s what AEW makes for all their 5 hours of fucking TV combined currently! 70 million…
AEW having 188 talent across 5 hours of TV puts them at 37 talent per 1 hour of TV. So they have more talent per hours of TV than the biggest and most profitable wrestling company in the world. While making significantly less in TV rights.
It is absolutely insane. At the level they’re at, they need to have no more than 50 contracted wrestlers, everyone else used sporadically on a per appearance basis for enhancement matches.
The problem they have more than firing Punk is their lack of building engaging storylines. It seems Khan has gotten comfortable with just doing a show specifically for the group he got do fun matches but not have any build or story to elevate the matches into must see television. It doesn't matter how good of a match you make if there is lackluster build to said match
The fact they signed Jungle Boy and people like that to begin with shows Tony isn't serious about drawing money and running an actually successful wrestling company. What Jim has said numerous times is incredibly true - Tony just wants to use his human action figures to reenact his fantasy booking from his teens. Whether or not it makes a profit is irrelevant because Tony has a nigh-unlimited budget.
It turns out having Kenny Omega have control over a video game project was a bad idea. Who knew putting someone in a field they have no professional experience in wasn't going to pan out? Another Tony Khan decision that is costing AEW money at the expense of his "friends."
I blame AEW/Omega about the state of the game because Yukes have a proven track record for quality wrestling games going back to their NJPW games in the early 90s.
What did you expect when it's the same for Tony being in the wrestling business
Kenny is a big fan of games just like Tony is a big fan of wrestling. Tony thinks he’s doing a great job being in charge, so why wouldn’t he expect Kenny to be great in charge of the game?
@@namelessjedi2242 they should of just gave yukes money to make what they wanted and have experience with. The smackdown engine and the no mercy engine are completely different.
To play devils advocate on this one, the video game was a risk that was understandable. Of the wrestling video games, which are very popular, AEW's was very unique. It hit a different demographic, getting the hardcore indie fans, the regular fans, and the casuals that wanted a quick pick up and play game.
That being said, the idea of the game is the only thing going for it. It seems like they outsourced the development to a group not equipped to handle it and forced funding to go up and deadlines to be pushed back, while still having a bad product.
"how did they expect to make anything?"
Tony be like, "wait, we were meant to MAKE money? I thought we were meant to just spend it, we have so much"
“Right, dad?”
"Son, this isn't Temu."
Maybe the real profit was the friends we've made along the way
He is running a daycare center, the most overpaid tag team (young bucks) in AEW also happens to be one of the most useless in overall metrics.
@@charlesbarnes3654lol good one
Shame WWE is no longer making DVDs and Blu-Rays. I think the Rise and Fall of AEW would look good on my shelf next to the Rise and Fall of WCW and ECW DVDs.
😂😂😂
That would be funny, but WWE would have to buy AEW first, and I don't think Tony Khan would ever admit total defeat and sell to WWE.
At this stage, to make money, why not have an aew streaming service?
Like, he's got collision, dynamite, dark, elevation, and all the ppvs.
A subscription service could generate money! As he's got a back catalogue!
Personally I wouldn't buy it myself, but at this stage if you had business to generate that why wouldn't you?
His business model simply doesn't make sense at all. At all!
If AEW wants to make serious money, they need to fire multiple people, for example a couple of brothers who are earning more while sitting on a bench. Stop trying to be like WWE.
@@marathiboi96 im not here to defend the bucks (hell id be very fine if theyre never on TV again) but they're also not a 35+ million dollar hole to fix. even if it would be some help, it wouldn't be drastic.
It's crazy how AEW had so much buzz around them, had a promising video game on the horizon, some big stars. Now it's the drizzling shits, made actual names in the industry complete jokes, ran Punk off and unfortunately seems to b on the way of WCW. I love wrestling, I don't want AEW to fail, but Tony seems desperately determined to fail.
He should let bischoff and vince russo run it, sadly even they would do a better job
Id rather see some cash invested in Impact
At this point I want aew to fail screw Tony and the Elite they did it to themselves
@@Sky_BlazeWell, remember, Tony was in fear for his life. His father has to be embarrassed at what he raised, a 41 yo virgin billionaire man-child.
In all honesty, it was always the shits, but WWE was just as bad... McDonalds seems gourmet if you're starving.
AEW's main source of revenue is Tony's allowance.
Antonio Khanoki: yeah AEW has consistently lost money every year but look at all the 5 stars Uncle Dave has given to our matches!
"Have you SEEN the ratings we get on Cagematch?"
And we know those star ratings aren't free either.
@@misternewman1576 Free for Tony.
Not free for the Young Bucks and Omega, though, who have to pretend to be Dave's best friend.
"I have a lot of fucking money." - Tony Khan, 2022
"I had a lot of fucking money." - Tony Khan 2028
F*ck! With all money of world, and you cannot give a serious wrestling promotion.
“Fellatio for coke, $5” - Tony Khan, 2034
The problem was he wasn't even correct at the time. What he should have said was "My Daddy has a lot of fucking money."
@@chubbycatfish4573 tony could lose 30 mil per year for a very very long time and still have a lot of money iwbh
Meanwhile Tony is doing Twitter beefs with Disco Inferno. It's Great Guys the numbers are GREAT. TONIGHT RIGHT NOW TONIGHT!!😂😂😂😂😂😂😂
😂😂😂
My favorite was reading about it from some ol marble mouth Meltzer monkey and they said Disco got totally burned. But, his last tweet was thanks for the content. It's so hilarious.
Ha.
Tony picked the safest guy to look tough on. He knows Disco will not be able to come back with a burn and IWC will ratio him hard. He'll never try to quote-tweet Cornette or even Eric
@@gohan_j what burn could Tony come back with? It was lame what he said and ol Dicso just gets more content for his podcast.
Ha.
@@datmanetre Trash.
34 million down the drain and he couldn't pay for some public speaking course
I want to improve my personality as a whole with body language and speaking manners and stuff. But I don't have the money for it. Life
AEW is going down the path that WCW went during the year 2000 all the way to their demise in March of 2001.
Just like ecw when tnn went for raw instead of ecw
Thing is, WCW’s decisions in 1994-96 made sense in building up the company. The mistake was thinking they would just continue on at that success level for years on end.
Also, keep in mind WCW was a moribund business in 1993-1994 and Bischoff was intelligent enough to cut spending and make a pitch to invest in WCW (by way of the Hogan signing) once costs were cut to a reasonable level.
AEW has just done inadvisable things since Day 1. Carrying nearly 200 wrestlers is ridiculous. And they didn’t start with anything close to that number. Tony has just continued to buy more and more wrestlers without any results on the back-end.
If he cuts even half the roster, he’d lose nothing creatively and probably is near break-even financially. But I’m also guessing dummy Tony signed these guys to guaranteed deals, so he’ll never be able to get out from underneath all these obligations.
Tony took that company into a brilliant job to a demise job real quick under 5 years so sad that we still have wwe n there shenanigans
@@chrisdominguez5632 I remember you WWE Marks saying that AEW wouldn't make it to 2020 when Cody left now that AEW is still here you WWE Marks predictions have changes.. Because you don't want AEW around doesn't mean it's going away on your terms WWE Mark.
@@peterp2153 You one of those WWE Marks who think Wrestlers shouldn't have contracts and work for billionaires destroying their bodies while the billionaires make more billions.. WWE Marks accept practices like that.. No health care, no dental insurance..
34 million from PPV means 760,000 buys for the entire year at 50 dollars a pop.
Mania 28 did like 1.25 million buys on its own, while each Saudi show brings in $50m. Damn, WWE really is on a different level
They said 19 million for PPV. But they only get about 25 to 30 bucks per PPV. So it's likely less than 760k buys
@@stingersplash damn!
The fact that Vince tightened the purse strings after losing $6 million and Tony isn’t blinking at losing $34 million illustrates exactly why WWE is on a level that AEW will never reach.
@@drillosophy1012Tony never blinks
@@drillosophy1012it sucks at the time but it still shows vince was serious about his money tk a degree
A video game can easily make hundreds of millions and billions if its actually REALLY GOOD and has enough content for said audience.
The issue is Kenny and all his friends are marks for "WWF No Mercy" a game from 2-3 decades ago and tried to emulate that... WHICH NOBODY ASKED FOR!
No Mercy was and still is good. The AKI engine still holds up compared to the other wrestling games or the time. Virtual Pro Wrestling 2 is probably the best wrestling game ever made if not for King of Colosseum II. The problem is Yukes have no experience with the AKI engine and the Smackdown and SVR series were their strengths. Omega wanted No Mercy from the wrong devs and forced them to make something not as good instead of what they are good at making.
I didn’t mind the retro feel, what I did mind though is that it feels unfinished. It’s obvious that it’s not finished.
The company that made no mercy was THQ if they had hired them to make it it could of been alot better.
@@unknownsample4801 THQ published No Mercy but didn't develop it. Asmik Ace Entertainment and AKI Corporation developed it and they don't make wrestling games anymore.
No Mercy is 23 years old, released 17/11/00.
According to Tony Khan, Everything is great, really great. So great. Attendance is great (it's not), Ratings are Great, (they are not), and Buy rates are great (They are not). But Wembley! The locker room is happy, everyone is getting along, and clearly, WBD will give AEW a new deal. Meanwhile in Reality. AEW is in a lot of trouble. If Daddy Khan wasn't flipping the bill for everything. then Tony would really have problems.
Tony's list of healthy wrestlers grows shorter by the day. Kenny "Don't Tell Me How to Wrestle" Omega was just about shot already, and who knows when or if he'll be back.
In fairness, Diverticulitis is not really his fault.
He has gastro what’s it called.
@@DisastrousIntentionally What difference does it make? The point is that it's yet another big name on the injury list.
@@DisastrousIntentionally That's why I said he was just about shot already. Diverticulitis threatened Brock's career, and look at the shape Brock was in. Had Kenny taken better care of himself in the ring, I'd give him a better shot at coming back strong.
Yep. He’s a small effeminate man, who’s obviously had to do Ultimate Warrior levels of drug abuse just to look like he does, his “wrestling” is based on masochist stunt-falls, and now he’s f uck ed up at 40.
The only difference between Bischoff and Tony is: Bischoff was spending Time Warner and Ted Turner's money and Tony's spending his Dad's/families' money.
And Bischoff was actually beating Vince for awhile and remained competitive for another short while. Tony the Snowman hasn’t come within sniffing distance (pun intended) of Vince.
toni is a lot more like dixie carter
I’m only 10 minutes in and it sounds like Tony Khan is royally screwed if he doesn’t get that TV deal.
wwe is screwed without tv deal
@@adrianpatrascu571 WWE Marks think no one else has money like Vince McMahon and T.K.O Holdings.. The Khans has unlimited amount of money and by them having sports teams they can easily sway someone into carrying AEW even if it's just a regional channel... WWE Marks know nothing..
@@adrianpatrascu571 Not as munch as aew. WWE has a 40 plus year head start, a world wide audience, and loyal fans. They could stream some where and still do fine.
@@therealityofitall4819😂 settle down kid. Rich people don’t like losing money and if this novelty wears off for Tony’s dad, AEW is done!
@@therealityofitall4819there’s no such things as WWE marks you mark lmao. Watch tnt throw off aew for wwe and you’re going to watch it
Dark Side Of The Ring: The Rise And Fall Of AEW is starting to feel realistic. I wouldn't be surprised if the reboot of TNA start competing with AEW when it comes to ratings alot sooner than later. Plus Cody Rhodes being a pipeline for AEW stars to get to WWE doesn't make things better. That was the start of things to come. But nah, Tony put all his trust in his 3 toys. Kenny Omega (hurt) and The Young Bucks (Children).
The "reboot" of TNA is selling 600 tickets to their biggest shows. They're not competing with anything.
Dark Side of the Ring has been playing softball since their 4th season. Also, Jericho is the narrator. I doubt we're going to get a fair and biased episode.
Dark side of the ring is anti wwe
Well..... Ace Steel hired Stephen P New as his lawyer and felt confident enough to say that most of what's been printed is complete BS. Might want to keep an eye on that situation.
@@8BitorbustVery much so... The public deserves to know what happened and who is really at fault... It still won't shut down all of the AEW delusionalists... They seem to have an excuse for everything...
Yep corny is exactly right. If they land a big tv deal , you don't think Jericho and moxley are going to be the first ones knocking on Tony's door for a raise. And the profits will be EXACTLY where they are now
Sad thing is that Tony would give it to them. Instead of just saying Jericho this is your deal and you will honor it or you’ll be in breach of contract.
Vince losing 6 mil in roughly '94 would be like losing 12 mill today.
Tony losing 34 mill this year would have been like Vince losing 16 mil in 1994. Can you imagine what Vince would do if he had lost 16 mill instead of 6?
He'd be in a straight jacket to this day.
Can't imagine explaining that to my father. No wonder Tony spends all his time in a c0ke haze, I wouldn't want to face that miserable confrontation with reality either.
An estimated 400k on talent. Jesus christ. I assume that is counting all the people who no one could identify on dark and ROH. They called Bischoff ATM Eric back in the day and it was nowhere to this level. Should we call him Tony the Teller cause everyone pulls up and withdraws on a regular basis?
Really fascinating segment here.
I need to figure out how I can get in on all that.
@@0tt0z Train yourself to wrestle for like 3 weeks, learn to do flips, and make friends with The Young Bucks. You're sure to get a 3 year contract.
If I lost $30+ million, I'd be freaking the F out. Meanwhile, Tony keeps getting cash from the First National Bank of Shahid Khan.
😂😂😂😂😂good one
First National Bank of Shahid Khan Lolllllllll 😂😂😂😂😂😂😂
We need Jim and Brian to react to ROH Final Battle 2023 media scrum asap.
LMFAO you talking bout the one where he didn't answer nothing and just went on and on about how good of business there doing meanwhile this reports out that media scum can't wait LMFAO 🤣
what happened during the scrum?
@@ItsGrapplinTime It was Great!😂😂😂😂😂 you know the drill.
Khan was asked about current TV deal situation but except of his generic lunacy responses he didnt say anything interesting. Typical delusional Khan who thinks his own farts smell like flowers and every AEW critique is hate
I did not hear about this. Did a suspicious white powder fall out of Tony’s nose?
I so look forward to the entire season of Dark Side of the Ring they’ll be able to make after AEW collapses. Not saying I want AEW to collapse, but those episodes will be very entertaining
Jericho will say he knew it wouldn't last long so he just joined for the money
@@mrowley7300I wouldn’t blame him. The best thing to come from AEW is that it’s kept some of the under and older talent paid. I can’t stand to watch the show, but I’m glad those guys get paid.
Can’t wait for the AEW omnibus either
I do want AEW to collapse. NJPW and ROH were making serious inroads until Tiny Clown bought ROH's upper card and ran them out of business
@madhatter8508 true!
The AEW fan base is just as delusional as Tony. I commented on a WhatCulture Wrestling video talking about AEW was dying and was on borrowed time. That as long as Tony is in control then it will continue to fail. And they were bringing up the gate for All In and Wembley. Talking about how no company is profitable for upwards of 10 years after being founded. They called me an WWE fanboy. Like I don’t watch them either. I’m a realist and see the writing on the wall. They cannot see the trees because the forest is in the way.
I know many many companies that get bought out for billions in just a few years. What?
Ha.
Im starting to think the AEW fanbase isnt delusional but rather they dont wanna admit they were and still are wrong about how bad AEW really is. They want to be the ECW fanbase so bad😂😂😂
Yep. I had no idea such creatures existed out there, until l started listening to Jim and Brian, and seeing the comments from AEW fans. They are definitely thinning out on here now, but l assume they are still dominant on other wrestling channels and sites.
Get in line, bro. I had AEW guys tell me that Perry kicked Punk's ass. Punk got ran out off AEW. But, hey! They got Wembley!
@@alankidd6832but at least the ECW fans can admit when something was wrong
"Daddy can i have some more pocket money? Dada, please!"- Tony "Bubble Boy" Khan.
TK probably whines like Cartman to get what he wants
AEW is like every other startup, burn a lot of money up front in hope of striking a large deal. The problem is Tony screwed himself by prioritizing the Elite over properly booked wrestling.
Sounds like this company would potentially be profitable if he released all the wrestlers that are sitting at home doing nothing and booked venues that they can actually fill with an audience.
He can actually book them but he doesn't know how.
His father makes billions in profits every year, so Tony losing money is a tax write off... It's literally real life action figures to him🤦🏻♂️
This sounds like a concert promoter booking an arena for a pub band. 10,000 seats for an event that would draw 1,000.
Just imagine how much money they lose because Tony don't listen to Regal, Arn, Tully, but listen to Omega and Bucks
Which is insane with the decades of experience they have with jarrett Henry and others he don't take heed of advice is ludicrous
Can we get an audio clip of Dave Meltzer defending AEW's financial losses to Brian Alvarez please?! 🤣
“Well….Ahhhh…..you see…..uhhhh….it’s like….”
@@zlinedavidHomina Homina Homina Homina
A lots of "You know", We know dave, You love Tony
@@zlinedavidthe guy is a joke that can't even form a coherent sentence or thought and lame wrestling marks take his word as gospel. And thy wonder why nobody watches wrestling anymore.
AEW feels like it could be a successful and sustainable ECW but is trying too hard to be WCW
WCW was more successful than ECW
Tony entrusting the care of a multimillion wrestling franchise to the Young Bucks and Omega tells you how much he knows about wrestling, which isn't much. But hey, he knows a ton about Japanese wrestling tournaments and some indie rasslin plus he has contacts with network people so..
Jim jokes about giving Pockets a raise but he is the 1guy Tony has put on every damn show. So based on that Pockets actually deserves a raise.😂😂😂😂😂
Just for reference 2K22 made $87,368,116.22in gross revenue since its release. Out of this, the developer had an estimated net revenue of $25,773,594.28.
Call of Duty: Modern Warfare II became the fastest-selling Call of Duty game of all time. The game earned US$800 million in revenue in its first three days of release, and US$1 billion within 10 days.
Rdr2 23 million copies sold in 2018, generating US$1.38 billion in revenue.
Wrestling doesn't seem to make a ton. I will look, but but I saw wwe 2k22 my have a net of amost 5 million.
Omega is out with injuries & an illness. The Bucks are off TV while they reconfigure their gimmick. Hangman is a midcarder. Jericho is long past due to retire. Moxley has lost the plot. MJF is flailing.
And half the Japanese no names, just confuse and bore people.
Moxley is the heart and soul of aew
@@christian6455Well it makes sense as a heart is constantly pumping blood everywhere.
@@christian6455 he’s sure not the dollars and the cents.
@@perryco34 Yup
AEW FINANCIALLY: Daddy keeps signing checks...
Next issue please
But what happens when the family decides running AEW has a negative effect on Tony's health.(mental or physical!)?
And I don't mean that fake: I felt threatened, for the lawyer to terminate CM Punk!?
Now Kenny is out for god knows how long with diverticulitis. You know the disease that almost killed Brock Lesner.
The disease that AEW made fun of and what they call the F5 in the AEW video game. Sockface also has a tweet that says him creating that name for the move is the thing he’s most proud of. Karma always gets its due
Fight Forever is a game I have had fun playing, but it lacks in everything. Barebones match types, half the roster isn't there and they're asking too much money for the season passes that don't include enough content or include content that should have been free.
I heard the story mode was only 2hours, is that true?
@@R3cov3ry I don't remember the exact amount of time I spent on that but I did finish it and it wasn't very long
@@R3cov3ryThat's right.
Xbox had a bunch of black friday sales. I figured the game would be one of the big discounts, like 50-75% off to make it cheap enough to buy just to play a few days. Nope $90... Fuck that.
This is a clusterfuck of epic proportions. Your highest merch seller is now the biggest star on WWE. Hilarious.
Hogan made more doing the finger poke of doom than aew is doing now, can't wait for tony to show up on raw as the GM for 3 years
That be funny as Eric shows up on raw years ago he probably have eugene theme fits him so much
When AEW came to Saskatoon, Saskatchewan in July I intended to go. When I went to purchase tickets, the prices ranged from $110 to $1200 per ticket. When I saw those prices I said “Fuck that” and didn’t end up going. If the prices were cheaper, Tony would get more people attending which looks and sounds better for TV. Tony would also make more money due to increased ticket and merchandise sales.
$1200, what the fuck?
Small world , thats the same reason I decided not to go when they came here. Now I'm not interested if they come back
@@drillosophy1012 They need to recover that lost 34 million somehow.
UFC is coming to Toronto. Ticket prices range from $600 to 10k and thats not resale prices. I don't know where people come up with these prices
@@josephlarazza7378 Thats UFC though, its stupid expensive but at least UFC is a draw. It's also Toronto so im sure there will be a lot of corporate buy in and sponsorships. Can't say the same for AEW.
I'd be more curious to know if there are any Tax benefits for AEW running at a loss. Because some of these decisions lately are so ridiculous it almost seems to be on purpose.
You might be on to something if AEW is part of the Khan empire of companies
Tony Khan is the Uwe Boll of booking.
LCFC81
Instead of challenging critics to boxing matches, Cokie will fear for his life and cry BoTz!!
The weird thing, that's just how it is, Tony Khan and his net worth is around $5billion+
At this point, if he actually has a huge business in the side, if his accountants are smart, he can always put AEW losses as a tax writeoff like those Hollywood movies not releasing movies and stuff
I just did a quick search and the number 1 game of the year cost $150M to make and made $1B.
The marketing cost was ???
@@1kizhun I dunno. But even if it’s a ridiculous $150M that’s still a $700 profit.
*$700M
It will be a worldwide known brand name so its most likely a sequel and not even wrestling related.
Damn Video games budgets are more out of control than Hollywood they really spend couple a million a week
@@1kizhun yeah, it’s been a long time since Atari 2600. I don’t know much about it. Jim asked someone to look it up but I don’t really know if the number I quoted is the norm
What gets me is how stupid people are when it comes to economics. People think AEW is doing fine because they are bringing in more money than in the past. What they are too stupid to understand is that they are spending a lot more money so they aren’t making more profits. If they have a bigger roster with bigger contracts, have more shows and a video game then yes they are going to be bringing in more money. They might make $100 million dollars off their video game but guess what? If they spent $100 million then they didn’t make a profit. They are doing more PPVs and shows but they also have to spend more money to have those shows and pay the talent more. They might make more money off merch but that’s because they are making a lot more merch.
People don't understand the difference between revenue and profit.
From my sociological perspective, wrestling fans are some of the dumbest and most delusional people of any subset
It really is more than just making money.
@@robertnapier624 but that’s the topic we are talking about
188?!!!!! On the roster?!!! That's crazy!!
This reminds me... things have gone awful quiet on the *_Kast Media / Colin Thompson_* front...
People say "competition is good" to validate AEW's existence, but what's the end result of a competition? There's a winner and a loser. Businesses who compete against each other are trying to win. They're not trying to make sure that the other guy sticks around. No one lets another business catch up to them because it's "good for the consumer." These fans are getting exactly what they asked for. WWE is competing against AEW. Nick Khan smells blood.
Because WWE can steal any good ideas and talent from the competition.
@@metroiddoom5178 tony can too, tony's problem is he has zero clue what to do once he has them.
@@metroiddoom5178 WWE signs 3 people who worked for AEW and AEW has signed countless people from WWE, but WWE are the ones who "steal" talent? lol Got it. Mark.
A trend I've noticed, as far as action figures, they dump huge amounts into the stores after the wrestler leaves. Specifically, delux editions of Punk and Cody. Before they left, you could only find them on secondary markets. After WWE signing, boom. Dozens of figures in the stores. Guess you gotta make money when you can.
The estimated average yearly pay is absolutely ridiculous if that amount is somehow true.
They're just milking Tony. They're making a fool of him.
Jericho is one of the greatest con men of all time. He is gonna bilk TK for hundreds of thousands of dollars and then “retire” to magically re-appear in the WWE for HoF induction.
@@televiper11you're thinking too small. Tens of millions is closer.
@@natebaxter9551 was thinking after taxes and expenses but you’re likely right
Video games are similar to movies where the general rule of thumb is the movie or game needs to make roughly double its production cost to be considered profitable. That is because the production cost usually doesn't account for marketing costs, distribution costs, and other costs that might be tacked on as well. So in the example of the AEW game if it did cost $50 million to make then it needed to make roughly $100 million in sales to be profitable... which apparently it didn't.
I can’t wait for AEW to get cancelled. 2024 is there last year on tv
If TNA can still survive, I don't think AEW will shut down.
If AEW ever folds, I really can’t wait for Jericho’s thoughts. Because you just know he’ll spin it that he always knew things were bad and that he tried to tell them but they didn’t listen.
@@UncomfortableShoesDo you think he will crawl back to WWE if AEW shuts down?
@@arvindshastry1178 oh of course he will. I personally hope HHH has Punk call Jericho and tell him they’re not interested.
@@arvindshastry1178 I think Jericho is loved by WWE fans still. Why would he crawl?
It's not about the millions Tony has wasted, but the friends he's made along the way.
Does this estimate take into Tony's Adderall/Cocaine addic... I mean "prescription"?
He disguised it as paying a wrestler called Yeyo
@@Ai14106 Ha! Nice. They'll tag team with Tranq. The finishing move will be the ROT BOTTOM.
That’s under tax write off expenses
@@peterlee6374 Ha! Nice. If that's the case,then is it time to bring back the "wrestler" known as I.R.S.?
$85 million on a talent roster of 188 WTF? Vince spent $9 million on talent roster in 96-97 and that's having Bret HBK Taker and Austin
400,000 average for compensation HOLY SHIT, im switching careers now
I'm over 50, broken down body, never wrestled a day in my life.....that's got to get me at least 200K a year....right???
@@Kalbuir66and you’d only wrestle maybe once or twice before he forgot you were on the roster
@@televiper11 Tony wouldn't care.
Send a video of you diving through a table, and you're probably hired, at least for Rampage.
I remember Jim Ross was on Austin’s podcast and Austin asked if he’d ever be a promoter and Ross said,and I quote “If I ever decide to go into the wrestling business as a promoter,get your one your shot guns and blow my f*cking brains out!”
JR’s been around long enough to know better than to get into that game.
Now it's a guaranteed money loser, back in the 70's and 80's it was the way to make big bucks in wrestling. those days are long gone, sadly.
I'll always say (or type in this case) that when WWE released that first batch of talent a few years ago and AEW signed up whomever they could was the start of their financial mess ... and they KEEP doing it: WWE releases a mid-card talent, the talent's fanbase explode with OMG TONY SIGN HIM/HER! HE/SHE IS CHAMPION MATERIAL!, and AEW signs the talent to go with the previously-released WWE talent they already signed, let alone their 'home-grown' roster. Not to mention AEW buying up ROH and partnering up with other companies and need to give screen-time in-ring, promos, stories and vignettes to whomever they want to push? No wonder that AEW wants to go a 'work-rate' style because that could take away a lot of head-aches of anything that doesn't happen in-ring.
exactly, everyone is not a freaking star and just cause the internet likes something doesn't mean everyone else does or it makes money. Financial literacy means something.
Well another way they've lost $34 million is the renting of huge arenas; that for example have a 22,000 seat capacity but only 4,000 tickets selling thus leaving 18,000 empty seats 😂
Did he say 85 million just to pay the roster?
@RobSwiggs shit, unless they make some pretty serious changes, chief of which being TK stops being everyone's best bud, and starts acting like a legit CEO, I don't see em lasting another ten years.
I'm kinda surprised it's not more. There's like 200 people, I bet at least two dozen are making 7 figures and even the job guys and stooges are making over 100k.
I dont think wwe is paying that much lmao
How could you lose money? Rent 10000 seats arena, when you sell 5000 tickets. Pay wrestlers and not use them.
$450,000+ average for talent is bonkers
I don't hate AEW. I think its great that talent have options. But the culture in that company is absolute shit. A bunch of young talent that don't wanna learn, dangerous and unnecessary bumps that take years off of careers and a boss who's always quick to take shots at WWE when he can't even control his own locker room. Their diehard fan base is garbage too.
In comparison, EA SPORTS made 1.4 billion dollars from Madden 24 football video game sales this year. EA SPORTS spent double the amount Tony did and made 10× more in profit. That's what happens when you let actual professionals make the video games and not wrestlers.
As a video game expert, the game has completely bombed, and has safely lost 10-15 million minimum
The way Brian says "WOOIIINNNNGSS!!!" is so damn funny and spot on! 🤣
The fact that the Aew bar used to be one million viewers. Then, when the bar was lowered due to falling ratings, it was the demo that was important. So much so, Jericho was the demo God. But, after the demo started hitting all time lows, it is now DVR shit or something. Now, we have y2J6 literally bragging about 800k viewers on a supposed Big Show for the company. Yeah, everything is great. It's all great. The videogame is going great. The fact that all the top stars are ditching Aew for wwe is super great. Now, all our former Aew stars are main eventing WrestleMania. It's great promotion for the company.
Ha.
AEW's massive financial backing is getting them short term wins. But many wrong business decisions hurting them longterm.
It's funny how people want Tony and AEW to continue signing a bunch of mid card wrestlers just to stick it to WWE when they're already spending an estimated 85 million on the current roster.
The sad part is you know the estimate is below the actual value because they have wrestlers who wouldn't accept 450k a year and would want over a million dollars.
Did they include Tony's Coke habit in the loss of profit as well?
Thanks guys.
😄😂
Gracias amigos
@@frenchonions8072 Trash.
Punk: I’m not here to make friends I’m here to make money.
Tony: I’m not here to make money I’m here to make friends.
Are we all that shocked that a son of a billionaire doesn’t know the value of a dollar? Tony doesn’t know what a quarter is.
TK might as well give Rudy Giuliani $150 million since he's literally giving money away... 🤣
Laughed way too hard at this 😂
Yukes are great wrestling game developers so it had to have been AEW/Omega's micromanagement that led to the game being lackluster.
So true. Some of their old games are Legendary ive played a few of them over the past years & their more fun then the games out today.
They haven't been too great the last few years.
@@Cruising_On_Lake_Havasoma 2k19 was the last game they made and the reason they left 2K is because they weren't allowed to make what they want. They've been wanting to make a HCTP type game for a while. They probably just took the AEW job for the money and will hopefully make what they want to next.
@@Coldstone47034 some of my favorite are HCTP, Wrestle Kingdom 1 & 2, Toukon Retsuden 3 and SVR07.
@@loboneiner1034 I wish I could get Fire Pro, but they don't make it for XBox because no one in Japan has an XBox. I mean, I can play the SNES one, but that's depressing because half the guys in that game are dead.
Just imagine how much he lost during the pandemic. He hired almost every out of work indy wrestler while not selling tickets.
I'm no tax lawyer, but those wrestlers he paid, he could use as a tax write off and use the losses for several years following (like what Donny did). Plus he probably got government welfare to cover his payroll
Not a good business move. But I can't hate on Tony for that. WWE fired a good chunk of their roster at the height of uncertainty of the pandemic. It was not like they were strapped for cash and had to make these cuts to keep the lights on. They did it to be able to report a higher net profit for the quarter. Tony didn't lay any of his workers off. That's lowkey admirable.
Been waiting for this one
Never underestimate the incompetence of television executives. Fox overpays WWE for the "SmackDown" rights so much, they apparently never made a cent in profit off it and are not going to for the rest of the deal's length. Despite it being the most-watched programme of its kind in the US.
Anyway, once again with feeling: AEW is a hobby, not a business.
Hey Jim, don't mock the $85 million for the roster, you heartless bastard! You can't put a price tag on _friendship._
Friendship is magic, dontchaknow?
I never understood why Fox paid that much for WWE. From the time they began discussing the deal to when they finally signed, WWE lost almost half their audience.
Murdock must have some real goofballs handling their network.
@@oodatooitis6714I guess WWEs name still brings views, sponsorship and other forms of revenue. It's probably in their eyes we have them no one else and another well known brand on their portfolio.
They are losing wayyyy more then 34 million this year
@TheWill1225 Someone has to be cooking the books.
Hoarding irrelevant talent on the roster unused while said talent collect cheques from home reminds me so much of asset-stripping done by the major topflight football clubs in Britain & Europe. It's such a scam, and starves the business of healthy competition.
Like below... Corny Awards for 2023!!!
It would be great to have em for the 1st podcast of 2024 actually, that way it'd be after the holiday break & there still time left for a lot of stuff to happen at the end of 2023 lol.
According to Steam Charts: at launch (July 2023) there were an average of 227.6 players. In August, that number dropped to 45 players. As of now, they average 16 players, with 8 playing as of this typing. This is only for PC players as those are simple numbers to give. The game was released in 2023, and was (dont quote me on this) released at 60 bucks, the average of most games nowadays. Since we have no idea what console sales are, we can go by steam sales only. If all those players at launch paid 60; the game made 13k at launch. Keep in mind, this is only counting those numbers as PC players. Console players probably have more sales. Not only that, the DLC is costing 30 bucks, but that was released later and could inflate the sales numbers as well. If the game cost 100 million to make, the game is a bomb in terms of finances, regarding PC only.
I went to an AEW show on Sat night and it was dead. I felt bad for the performers. Its was so quiet.
"Yukes is the sound you make before your game bombs."
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