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TKO CFO Reveals WWE to Gain Cash and Additional Perks for Hosting WrestleMania 41 in Las Vegas

Posted By: Ben Kerin on May 09, 2024

TKO CFO Reveals WWE to Gain Cash and Additional Perks for Hosting WrestleMania 41 in Las Vegas

he WWE community is buzzing with excitement following the announcement that WrestleMania 41 will be hosted at Allegiant Stadium in Las Vegas, Nevada. The news emerged during the TKO Q1 earnings call held today.

During the earnings call, TKO CFO Andrew Schleimer discussed the decision to hold the 41st WrestleMania in Las Vegas, revealing that the event will bring significant financial benefits, including both cash and additional incentives. Schleimer stated, "As we have stressed, site fees are a key area of focus for us. This event includes a meaningful payment, as well as other cash and non-cash incentives."

Schleimer also mentioned the remarkable success of the 2024 Elimination Chamber, which set a record for the highest site fee for any WWE international premium live event held outside of Saudi Arabia, a record set during its spectacular execution in Australia.

WrestleMania 41 is scheduled to occur across two nights, April 19th and April 20th.

TKO Announces Q1 2024 Financials: Revenue Hits $629M but Faces $250M Loss

TKO, encompassing WWE and UFC, disclosed its financial performance for the first quarter of 2024. The company reported a total revenue of $6 [...]

— Ben Kerin May 09, 2024 09:11AM

Tags: #wwe #wrestlemania #las vegas #allegiant stadium

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