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Debate

Is AEW really worth $288 million, or is this just another overhyped wrestling gimmick?

Back in July, SeScoops reported that All Elite Wrestling and Warner Bros. Discovery had signed an agreement in principle for the television rights of Tony Khan’s company. This would imply that part of AEW’s content could be seen through the MAX streaming platform. However, it turned out to be false. This sowed further worry inside the minds of the fans of the promotion whether Tony Khan would be able to get the deal done. Or if AEW would have to look for a new broadcasting partner.

As per a later report by Fightful Select, sources close to WBD claimed that there was nothing imminent in the next few days. Neither company planned to announce a new deal for the immediate future. Furthermore, the framework for a deal has not been agreed upon by both sides. However, both AEW and WBD hoped that a new agreement would be reached and that the relationship would continue. Renowned journalist Dave Meltzer revealed in a tweet a few days ago that, as per an internal memo that he got to see from WBD, AEW has valued itself at $288,265,720 per year based on ad revenue and 2.0% of TNT carriage rates, 2.5% of TBS carriage rates, and 3.0 of TruTV’s carriage rates.

However, it was soon revealed by a user on X that the internal memo that Meltzer quoted wasn’t a memo from WBD at all. Instead, it was a post on a message board from a few months ago. A post shared by a man who works in advertising. This raised a major question mark on Meltzer’s credibility. He also recently made a blunder by announcing Afa Anoa’i’s death even though he was alive. Eric Bischoff, too, took a shot at Meltzer in a tweet.

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Bischoff called Meltzer a fake journalist. “What makes this comical, is the frequency which he refers to others who point out his garbage takes, as “con men”. Coming from a sloppy, perfidious hack who just this week has been outed for reporting a death that hadn’t occurred (and had to be corrected by family) without doing any confirmation, to this. By all accounts thus far, this creep found a post on a message board from back in April, then conned his audience into believing he had “access to WBD internal documents and posted it as “news”. Dave, you are a fraud. Always have been, always will be. And it brings a smile to my face every time someone exposes you. 😎 “

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What’s your perspective on:

Is AEW really worth $288 million, or is this just another overhyped wrestling gimmick?

Have an interesting take?

Well, it surely is a major mistake on Meltzer’s part. So, it would be interesting to see how he comes out of this controversy. Especially when Bischoff leaves no opportunity to criticize AEW and its supporters. Meltzer is often called out by fans for being biased toward Tony Khan’s promotion. Bischoff even claims that Khan tries to emulate Vince McMahon.

Khan wants to be the WWE boss

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Vince McMahon, a former member of the board of directors of TKO Holdings, is involved in a lawsuit, but his influence in the world of professional wrestling for so many years in WWE cannot be denied. That said, Eric Bischoff claims that Tony Khan desperately wants to be seen as Vince McMahon. Late last month, Bill Goldberg spoke about his views on the AEW CEO. He compared Khan to former TNA Wrestling promoter Dixie Carter but decided not to delve into details.

In an interview for the Wise Choices podcast, former WCW executive Eric Bischoff weighed in on Goldberg’s comparison. Bischoff pointed out several similarities between Khan and Carter. Noting that, Carter aspired to be like Vince McMahon. However, he allowed that ambition to overshadow his business responsibilities. Bischoff suggested that the AEW head honcho shows a similar desire to be seen as a major promoter in the vein of McMahon or Paul Heyman. But Bischoff believes Khan won’t achieve that level of impact. According to Eric Bischoff, while Tony Khan may spend a lot of money in the industry, he is unlikely to have the significant influence that those historical figures have had. What do you think? Is Bischoff being too harsh on the promotion? Let us know in the comments.