All Elite Wrestling's Formation Is A Sign Of Economic Worth
Start writing a post
Professional

All Elite Wrestling Is A Sign That Pro Wrestling Is Valuable In North America Again

Jaguars owner Tony Khan, along with several wrestling stars, founded a new wrestling promotion that will be a thorn in the side of WWE when it comes to booking, drawing power, and overall, competition in North America again.

119
All Elite Wrestling Is A Sign That Pro Wrestling Is Valuable In North America Again

For months, wrestling fans speculated that The Young Bucks and Cody Rhodes were starting their own promotion in 2019. Rumor mills stirred that they had signed with WWE, while others believed their 'timers' on their phones (via their Youtube series "Being The Elite") were to announce their second independent pay-per-view after the successful 'ALL IN' event. When New Years came around, fans exploded on social media when Cody and the Young Bucks announced their new promotion:

All Elite Wrestling.

“New Years Elite” - Being The Elite Ep. 132 www.youtube.com

Their first event will be "Double or Nothing" with a date set for sometime in 2019. Initial founders Cody, Young Bucks, Hangman Adam Page, and Cody's wife Brandi pleasantly showed off their contracts and announced their positions behind the scenes. Jacksonville Jaguars owner Tony Khan, who is worth more than WWE forefather Vince McMahon, was announced as their president and is quite possibly holding the biggest pursestring for the promotion. It was a shock to some who believed WWE managed to convince these red-hot wrestlers to sign with them, while others think that this is a sign that WWE will be #2 in the near future.

However, this is a sign that North America's pro wrestling scene will have two major companies instead of WWE.

Picture this: Monday Night Raw going head-to-head with AEW Monday Night Superkick (something catchy, I don't know) and it supercedes what was accomplished during the 1995-2001 Monday Night War. All Elite can position wrestlers with great momentum and showcase their skills that aren't a commercial for KFC or Autozone. McMahon would have to dig real deep in order to gain his followers back, especially ones that are slowly following "Being the Elite" and New Japan Pro Wrestling since Bullet Club formed in 2013. All Elite can do something better than what WCW or TNA tried to do: showcase wrestlers for their in-ring and microphone skills as well as offering more than just 'indy darlings' or themselves. AEW can become a true promotion reminiscent of the NWA or even Bischoff-era WCW where competition meant more than remaining stagnant.

Young Bucks shoot on All Elite Wrestling www.youtube.com

After all, Cody Rhodes is from a family of promotional-drifting wrestlers that also had a hand in creative teams. His father, the late "American Dream" Dusty Rhodes, helped book much of Jim Crockett Promotions from 1983-1988 and 1991-2001. Cody's experience with booking, most notably ALL IN, will help him in the long run since the event sold out in minutes and the wrestlers themselves have a massive amount of fans.

An interesting thing to consider is how AEW has a deep pocket of funds with Khan as one of the figureheads.

Back in December, Cody and Brandi Rhodes were spotted at TIAA Bank Field in Jacksonville in one of the boxes usually occupied by Khan. More speculation was then added to the rumor mills that TIAA would be the site of "Double or Nothing" (which had a rally at TIAA on January 8th). However, with Khan being announced as the President, it just shows that Khan's pocketbook will be attached to AEW's account when it comes to paying talent, booking arenas, promoting shows, etc. Additionally, with the success of AEW's two pieces of merchandise on Pro Wrestling Tees, there is a large percentage of money already being made without any shows yet.

Money is a big factor for any wrestling promotion, and there's no sign of AEW rummaging through alleys for scraps right now.

I'm looking forward to what All Elite Wrestling will produce in their first few months of operation. "Double or Nothing" should be an even bigger event than the unforgettable "ALL IN" a few months ago. Cody's chops as a promoter will be tested, but there's much faith in this new promotion that will be in heavy competition with WWE since fans are already exploding with excitement over All Elite Wrestling.

Image result for all elite wrestling

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Featured

How Much Money Do You Need to Start A Franchise

If you are thinking about starting a new franchise, you probably wonder how much money you need to start a franchise? Franchises can be a very profitable business, but they are also quite complex than many people realize. Not only do you have to find a profitable niche in an already existing market, but you also must find the right franchise to operate in that niche.

24900

If you are thinking about starting a new franchise, you probably wonder how much money you need to start a franchise? Franchises can be a very profitable business, but they are also quite complex than many people realize. Not only do you have to find a profitable niche in an already existing market, but you also must find the right franchise to operate in that niche. If you aren't knowledgeable of how franchises work, this article will hopefully equip you with the information you need to determine the amount of money you need to invest in starting your own franchise.

Keep Reading... Show less
Featured

Sometimes I Prefer The World A Bit Blurry

Ignorance is actually pretty bliss...

66537
Photo by JERRYANG on Flickr

I have been wearing glasses since I was seven years old. When I was young, I loved wearing my glasses. Noticing each individual leaf on a tree or the distinct smile lines on my mother's face was an absolute dream. Now I prefer to take off my glasses at times, despite being considered legally blind. Twinkle lights glow brighter when blurred. It is easier to ignore the graying hairs when viewed in a softer light. All in all, the famous cliche "ignorance is bliss" couldn't be truer.

Keep Reading... Show less
Olivia White

"The American flag does not fly because the wind moves it. It flies from the last breath of each solider who died protecting it."

Keep Reading... Show less
Featured

Separation Anxiety in Pets

Separation anxiety in pets is a real thing and recognizing the warning signs is important.

518853

Since March, Covid-19 required most of the world to quarantine in their homes. Majority of people ended up working from home for nearly five months. This meant pet owners were constantly with their pets giving them attention, playing with them, letting them out etc. Therefore, when the world slowly started to open up again and pet owners began returning to normal life work schedules away from the home, pet owners noticed a difference in the way their pet acted. Many pets develop separation anxiety especially during this crazy time when majority people were stuck inside barely leaving the house.

Keep Reading... Show less
Facebook Comments