• Jim Cornette Explains How WWE Lost $32 Million In 2 Years With NXT
During a recent edition of The Jim Cornette Experience, Jim Cornette took a look at WWE’s yearly and quarterly reports and explained how WWE lost $32 million in 2 years. Below is what he said:
“NXT in 2016 sold $7 million in tickets and had $20 million in expenses. In 2017, NXT had let’s say $6 million in ticket sales and $25 million in expenses… In all honesty, 2016 they lost $13 million, 2017 they lost $19 million and that’s not a ton of money for that whole company and organization up there.
But can you imagine what me and Danny Davis could’ve done with Ohio Valley Wrestling if they said, ‘OK guys, you can bring in anybody that you want that’s not on the main roster or signed to New Japan and you can lose $32 million over the next two years.’ Holy f***.
We already had the highest rated show on the station’s Saturday schedule we were on… We had numerous events that drew large houses at the Gardens and we drew at Six Flags and we produced a ton of talent. I don’t know what the percentages would be but I guarantee we didn’t lose $32 million.
That’s the thing, Ohio Valley Wrestling never lost money since it’s been in operation. There have been a few years it may not have made much, but at that point in time it was the only full-time company with television running regular events in the United States besides the WWE that was profitable.
I understand they’re making the investment in training the future superstars and they have to, they’ve figured out that they have to because they’re not getting them from anywhere else. So they have to train their own, but my God!”
• The Usos Comment On Never Being On The WrestleMania Main Card Since Their Debut
Pro Wrestling Sheet tweeting the following regarding SmackDown Tag Team Champions The Usos’ WrestleMania record:
want to know a travesty? heres the @wweusos wrestlemania history.
wm 28 : pre-show
wm 29 : not on card
wm 30 : pre-show
wm 31 : pre-show
wm 32 : pre-show
wm 33 : pre-show (ARMBAR)
we here at wrestling sheet would like to see that fixed.
LET. THEM. MAIN. CARD. #usosmania
— Pro Wrestling Sheet (@WrestlingSheet) February 21, 2018
Below is what The Usos replied:
No lie https://t.co/AqzBwPxG32
— The Usos (@WWEUsos) February 21, 2018