WWE Earns Substantial Sum for Crown Jewel Event

WWE’s Crown Jewel event on November 4th will undoubtedly be a night to remember, as the company has ensured there will be a lot of in-ring action and spectacle that fans will enjoy. It’s currently going on right now and WWE got paid a ton of money for the event.

Ringside News has ongoing coverage of WWE Crown Jewel, as the event is taking place in the spectacular Muhammad Abdo Theater in Riyadh, Saudi Arabia and it is already shaping up to be a huge event.

According to Brandon Thurston, WWE has been paid well over $50 million for the Crown Jewel Premium Live Event. Thurston added that $50M is equivalent to about 3 Wrestlemanias-worth of ticket sales, so it is a very big deal.

”The Saudi government will pay WWE $50M+ for today’s #WWECrownJewel, the price for each event that’s part of their 10-year deal.

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$50M is equivalent to about 3 Wrestlemanias-worth of ticket sales.

The government continues to punish critics, including Muhammad al-Ghamdi who was sentenced to death for tweets critical of the government.”

We will have to wait and see whether the company will continue to carry on their 10-year deal with Saudi Arabia and earn a ton of money in the process. After all, it has proven beneficial for the company in the long run.

What do you think of this story? Do you feel WWE is truly lucky to get such a deal? Let us know in the comments!