It can be difficult to sell out a 100,000 seat stadium on back-to-back nights but WWE seems well on its way to accomplishing that feat with plenty of time to spare.
WWE announced that this year’s WrestleMania in Los Angeles has already broken the all-time WrestleMania gate record, even though the show is nearly three months away and not a single match has been announced. The previous WrestleMania gate record was set in 2016, as WWE had a $17.3 million gate at AT&T Stadium for WrestleMania 32.
This record gate continues a positive momentum shift for WWE’s premium live events. In 2022, WWE broke gate records for the Royal Rumble, Survivor Series, and Extreme Rules. The company had six stadium shows in 2022, including Clash at the Castle in Cardiff, Wales, that not only broke UK gate records but many consider the best pro wrestling show of 2022. It was recently announced that WWE will have Money in the Bank at the O2 Arena in London, England.
WWE has already had a whirlwind 2023 and we’re only a little over a week into the new year. After being away for nearly six months due to reports of him paying millions over the years to multiple women to keep allegations of sexual misconduct and infidelity from being made public, Vince McMahon put himself back on WWE’s board of directors. He replaced three board members with longtime WWE execs George Barrios and Michelle Wilson. McMahon is back for the purposes of negotiating a potential sale of the company as well as a media rights deal.
Since the news, WWE stock has jumped 14% to $84 per share.
About Phillip Bupp
Producer/editor of the Awful Announcing Podcast and Short and to the Point. News editor for The Comeback and Awful Announcing. Highlight consultant for Major League Soccer as well as a freelance writer for hire. Opinions are my own but feel free to agree with them.
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