WWE Money In The Bank Sees Strong Ticket Sales After Venue Swap

WWE recently made the controversial move of swapping venues for the upcoming Money in the Bank premium live event. The original plan was to hold the show at Allegiant Stadium in Las Vegas, Nevada. After slow ticket sales, WWE called an audible and moved MITB to the MGM Grand Garden Arena.

The original venue had about 17,000 tickets distributed. Those fans were offered the first chance to buy seats at the new venue. The initial presale went very well for WWE.

According to WrestleTix, nearly 10,000 seats were gobbled up by fans. It was noted that WWE used a very common presale code, meaning many of those tickets were bought by people who didn’t pay admission to the originally-planned stadium show. Still, with a current setup of 10,363, selling 9,533 tickets had to have been encouraging. Only 830 tickets are available from that initial allotment.

WWE was forced to change venues due to an overall lack of interest in a stadium-sized event. UFC is also running a major show in town on the same night. WWE also has stadiums booked in Nashville and Wales for upcoming events.

While downsizing venues makes WWE look short-sighted for booking the stadium in the first place, the opening day sales numbers were strong. The MGM Grand Garden Arena can hold up to 12,088 for Money in the Bank. With the public on-sale still yet to happen, there is a very good chance that they can sell out the venue.

Time will tell if WWE can hit the 12,000 tickets sold mark for Money in the Bank. The show should remain profitable, as it will cost much less to use the smaller venue. It may have been embarrassing to have to move the show, but ultimately, it may prove the soundest business decision.

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