The Las Vegas Convention and Visitors Bureau announced Tuesday that it has approved $5 million in sponsorship funding to attract next April’s WrestleMania 41 and surrounding events.
This annual spectacular event will be held for the first time at Allegiant Stadium over Easter weekend on Saturday, April 19th and Sunday, April 20th. Easter weekend is usually a slow time, so hosting the event was appealing to them.
Friday’s SmackDown and the following Monday’s Raw will be held at the MGM Resorts venue, while WWE World will be based at the Las Vegas Convention Center for five days.
Lisa Motley, the organization’s vice president of sports and special events, said the city expects more than 180,000 fans to occupy 144,000 “extra nights” during weekdays and weekends.
It’s unclear how much of the $5 million the WWE will receive from venue usage fees, or how much will be from subsidies (venue rental fees, advertising, signage, etc.).
During last week’s earnings conference, TKO Vice President Mark Shapiro said, without disclosing the actual numbers, that WWE set a venue fee record at Elimination Chamber in Perth, Australia in February of this year. Stated. He previously said he signed a deal worth $16 million for a mix of domestic events last December.
WWE’s largest site fee still comes from Saudi Arabia, which pays WWE $50 million per PLE.
Other reported and publicly disclosed site fees include $1.8 million in cash and grants from Puerto Rico for last year’s Backlash and SmackDown, and $500,000 from St. Petersburg/Tampa for this year’s Royal Rumble. , including approximately $3 million from the Welsh Government for Clash at the World in September 2022. castle.
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