WWE have posted the corporation version of a pay-per-view, their 2018 Business Partner Summit, on their company website. The event took place in WrestleMania week, and was headlined by business world megastars:
John Brody of Sales and International
George Barrios and Michelle Wilson having a Road Map for 2018 match for the WWE Business Strategy title.
And John Cena and Charlotte Flair raising the arm of Cricket Wireless for WWE Business Partner of the Year.
During the event, George Barrios and Triple H – looking in no way like a supervillain – debuted WWE’s next big buzzword: “Global Localization”. Business, business, business.
Paul Levesque takes credit for coming up with "Global Localization". He explained their push to create NXT brands around the world as a global territorial system, reminiscent of the plan the company toyed with over a decade ago but never went through with. pic.twitter.com/bqgWHv1Cak
— John Pollock (@iamjohnpollock) April 25, 2018
John Pollock of Post Wrestling has since reported WWE have actually trademarked the phrase, and it’ll involve the company creating “NXT brands around the world as a global territorial system”.
Apparently this would involve making customised shows for countries WWE is looking to expand in, filmed in the native language and using local hosts. And few partnerships are as valuable to WWE as their new bromance with Saudi Arabia.
WWE Greatest Royal Rumble Pay Revealed?
During the talk, Triple H teased the idea of a WWE brand in the Middle East, and revealed the company’s deal with Saudi Arabia is for ten years. The relationship will fully start with a very expensive bang in tomorrow’s Greatest Royal Rumble event, a show that has the presumably very pricey part-timers Brock Lesnar, John Cena, Triple H, The Undertaker, Chris Jericho, Rey Mysterio, The Big Show, Mark Henry and Kurt Angle, and the entire rest of the main roster – unless you’re a woman.
It’s been speculated that Saudi Arabia is paying WWE an enormous amount of money to put on the show, to cover all those names, the huge expense of flying all the wrestlers and backstage crew to the country, and still to have a sizeable chunk left over for profit.
On Jerry Lawler’s latest Dinner with the King podcast, his guest Jim Cornette appeared to have some insider knowledge, revealing WWE is being paid “millions and millions and millions… just more money than you’ve ever seen”. Lawler added he believes that includes “a heck of a payoff” for the company’s female wrestlers – who aren’t allowed to compete at the event because of women in sports not being culturally accepted in the country.
Now PWStream have revealed just how many millions Saudi Arabia are paying for the show:
Per sources: WWE are making in the region of $100-200M for #WWEGRR just for hosting the event.
— PWStream (@PWStream) April 25, 2018
And that’s not the ceiling for the show’s potential earnings, as the report also notes:
Note: the figure is just for hosting it. Merch, tickets, etc. will bolster the figure even more. Insane revenue stream.
— PWStream (@PWStream) April 25, 2018
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