It's being
reported Double or Nothing drew a $582,204 gate for 9,099 ticket-buyers with an $64 ticket average.
To anyone good with numbers, is this another cause for concern?
From the article;
AEW budgeted its costs for both the PPV and Collision combined at $3,868,200, according to documents AEW submitted ahead of the events to the Nevada Governor’s Office of Economic Development, to apply for a $373,388 tax credit.
Also, for comparison, previous DoN:
5/28/2023: Double or Nothing (Las Vegas) – 10,478 paying $964,349 (Pollstar)
5/29/2022: Double or Nothing (Las Vegas) – 13,148 paying $1,256,272, according to Pollstar but I believe that gate figure also includes Rampage the night before. AEW claimed this was its first $1 million gate.
I would say it's bad if you're looking at it from a pure finance perspective. "Okay" if you're looking at AEW's historical numbers (from what I understand the '22 and '23 DoNs were in a different venue) and how they've generally performed.
Unless they have a way higher than should be expected PPV audience, they're effectively treading water/spinning their tires.
Stagnating growth is not a good sign, especially since the Snow Man keeps grabbing expensive talent like Osprey, Adam Copeland, etc., and seeing minimal gains despite paying through the nose for them.
I
