Tony Khan, the visionary behind All Elite Wrestling (AEW), has every reason to be all smiles in 2024. The wrestling promotion has been on a tear, drawing in both massive crowds and mega-dollars, a fact Khan was eager to share during a recent media call hyping up the upcoming AEW Dynasty pay-per-view.
AEW’s 2024 roster has become the stuff of legends with blockbuster signings like Kazuchika Okada, Will Ospreay, and Mercedes Mone, turning AEW into a veritable dream team of wrestling talent. But the talents are not just putting on a show; they’re filling arenas. Khan reported that revenue for Q1 of 2024 “is significantly up,” thanks to more events and stellar attendance figures, particularly in markets like Boston and Toronto. It seems the fans can’t get enough of the high-octane action AEW delivers.
The crowning jewel so far was the Revolution event, which not only saw the farewell of wrestling icon Sting but also shattered U.S. gate records, making it one of AEW’s biggest pay-per-view events to date. “AEW Revolution in Q1 is one of the biggest AEW pay-per-view shows of all time,” Khan boasted, marking it as a historic moment for the company.
With such a strong start, AEW’s valuation is soaring, now pegged at around $2 billion by Forbes, placing it behind only the UFC and WWE in the combat sports hierarchy. As AEW gears up for eight more pay-per-view events and a potentially lucrative new media rights deal, the sky’s the limit. Tony Khan’s ambition might just catapult AEW into an even brighter financial future, reshaping the wrestling landscape as we know it.