How Much Does WWE Pay Saudi Arabia?

WWE (World Wrestling Entertainment) is a global entertainment company that has gained immense popularity over the years. Known for its high-octane wrestling matches and larger-than-life characters, WWE has a massive fan base all around the world. The company organizes numerous events and pay-per-view shows throughout the year, captivating audiences with its thrilling storylines and impressive athleticism.

But have you ever wondered how much WWE gets paid for their events in Saudi Arabia? Let’s dive into the financial aspects of this intriguing partnership.

The Saudi Arabia Deal

In recent years, WWE struck a groundbreaking deal with Saudi Arabia to host their shows in the Kingdom. This partnership came as part of the Saudi Vision 2030 initiative, which aims to diversify the country’s economy and promote entertainment and tourism. As part of this deal, WWE agreed to hold multiple events in Saudi Arabia each year.

The “Greatest Royal Rumble” Event

One of the most notable events held in Saudi Arabia was the “Greatest Royal Rumble” in 2018. This event featured a 50-man Royal Rumble match, along with other exciting matches and appearances from WWE superstars.

• Total Revenue: The revenue generated from this event was estimated to be around $40 million.
• Payout to WWE: While exact figures are not publicly disclosed, reports suggest that WWE received a significant portion of the total revenue as part of their agreement.
• Additional Benefits: Apart from financial compensation, WWE also enjoys benefits such as marketing opportunities and exposure in the Middle Eastern market through this partnership.

The “Crown Jewel” Event

The “Crown Jewel” event is another highly anticipated show that WWE holds in Saudi Arabia. This event features championship matches, special appearances, and intense rivalries between superstars.

• Total Revenue: The revenue generated from the “Crown Jewel” event varies each year but is reported to be in the range of tens of millions of dollars.
• Payout to WWE: As with other events, WWE receives a substantial payout from the revenue generated by the “Crown Jewel” event.
• Economic Impact: The partnership between WWE and Saudi Arabia has not only provided financial benefits to WWE but has also contributed significantly to the local economy by attracting tourists and promoting tourism.

Conclusion

The Saudi Arabia deal has undoubtedly been a lucrative venture for WWE. While exact figures are not publicly disclosed, it is evident that WWE receives a substantial payout for their events in Saudi Arabia. This partnership not only benefits WWE financially but also helps promote wrestling as a popular form of entertainment in the Middle East.

From the “Greatest Royal Rumble” to the “Crown Jewel” events, WWE continues to captivate audiences in Saudi Arabia and around the world with their thrilling matches and larger-than-life personas. As fans eagerly await future events, it remains clear that this partnership between WWE and Saudi Arabia is mutually beneficial for both parties involved.