Tony Khan has been approached about possibly selling All Elite Wrestling.
According to WrestleTix, AEW All In is currently at over 80,846 tickets distributed. This would be a new record for a wrestling event. The previous record was set at WWE WrestleMania 32 with 80,709 tickets accounted for at the turnstiles. AEW All In is set for August 27 at Wembley Stadium in London, England.
The show is the most anticipated in the history of the promotion and will feature several of the top names in the promotion. However, not everyone will make the PPV on Sunday, as even with AEW’s tendency to have long PPV’s, there is only so much room to go around on the card. This is an attribute to how successful AEW has been under Tony Khan’s direction.
As Tony Khan was speaking to The Hollywood Reporter, he revealed that he had received billion dollar offers to purchase AEW.
“We have a valuation of — well, people have approached me with billion-dollar offers. So the business has grown. I’m not turning over huge cash profits. But as we approach the new media rights renewal, that is really the key not only to weekly profitability and cash flow, but also another large multiplier on top of the business valuation.”
Tony Khan
We will have to wait and see how lucrative AEW All In will be when it airs on Sunday evening from Wembley Stadium in London and if Warner Bros Discovery will continue to be happy with how the company continues to succeed.
What do you think? Is AEW worth more than a billion dollars as a promotion? Let us know in the comments and on our social media pages!
H/T to Ringside News
Follow Corey at @CoreyBrennanBS on Twitter
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