Jim Cornette on AEW's Budget For Double Or Nothing In Nevada

From Episode 539 of the Jim Cornette Experience
Artwork by Travis Heckel!
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[@WyattHolliday]

That $50k for catering is Eddie Kingston watching the show in the back.

[@standardofexcellence]

Lots of reeses

[@wilcee238]

🤣

[@Rodshark75]

And Jericho

[@ErdrickLoto86]

Wow

[@DundaMifflin]

eddie is gonna be huge

[@paulmolive1821]

AEW is a tax write-off for Shad.

[@therealmaskedheel]

Tiny is avoiding having to pay an inheritance tax.

[@ELPRES1DENTE45]

@@therealmaskedheel - If he keeps up like this, he's not gonna have an inheritance...

[@SMBrandon24]

@@ELPRES1DENTE45😂😂😂

[@neilbiggs1353]

@@ELPRES1DENTE45 I don't know if you can actually spend that much on a wrestling show. They've lost about £0.5bn with Fulham and not really diminished their overall wealth

[@ELPRES1DENTE45]

@@neilbiggs1353 - Given enough time and mismanagement, ANYTHING is possible...

[@nohbuddy1]

My dream is to sit at home and be paid six figures to do nothing because I don't like creative

[@ChadVital]

Fuck yeah. Job security and you don't even have to work lol.

[@influencerpodcasts]

​​@@chuckles9767No. Worth it. Tony is def a virgin. The most he would do is give long hugs.

[@DefendYoungstown]

​@@chuckles9767Not really. Especially since you could just punch a guy you don't like after pinky swearing you won't punch a guy you don't like to continue getting a paid vacation.

[@standardofexcellence]

Wcw had about 5 brad Armstrongs Aew has atleast 25

[@ojlott-w4n]

Sound like a good job to me 😂

[@ramontorres8424]

Tony Khan is spending WWE money and getting TNA money for profit.

[@phanton_of_the_WOPera]

He's making a profit?

[@REVIVALFitness]

@@phanton_of_the_WOPeraI think he meant profit equivalent to TNA, which is zero

[@ELPRES1DENTE45]

@REVIVALFitness - He WISHES he had TNA profits, because he has ZERO profits. TNA is leaps and bounds ahead of AEW.

[@experienceanimation217]

Conrad Thompsons worst podcast makes more money then AEW

[@MarvinT0606]

while putting up a glorified indie show

[@DundaMifflin]

A average kid with a lemonade stand makes more profit than Tony Khan.

[@stevengarman4848]

He also has a better product.

[@RaiderJoe10]

@@stevengarman4848😂😅😂😅

[@actuallynotsteve]

@@DundaMifflin if you've made a single dollar in the last 5 years, you've out profited AEW

[@Tcjsmythe]

Agreed

[@Tcjsmythe]

Agreed

[@keeganhurley119]

Ethan Page was so right to call AEW chaotic and a mess after hearing these costs

[@teecakes]

You mean NXT Heavyweight Champion Ethan Page? Took him 1/10th of the time under WWE booker Shawn Michaels to get 1000% more over than he'd ever been in his entire 5-year career with AEW. Seems like he was spot on

[@keeganhurley119]

@@teecakes bingo

[@User27949]

man i’d love to “work” for this guy 😂😂😂

[@DefendYoungstown]

I just stated this on a different clip: people give Paul Heyman shit for being "irresponsible" and "a failed businessman" for losing 8 million dollars on ECW. That 8 million was over the life of Heyman heading the project. As in, loss over years and years. 8 million. Total. Then, I noted that someone tallied about the time where the suggestion of TNA bringing in Paul E. to run the thing that around that time, Dixie Carter had lost 8 million dollars in a single fiscal year. Tracking this, I _joked_ that Tony probably spent that in a month. I was kidding... but apparently, I was apparently re-goddamn-diculously close to reality. That's just lunacy.

[@MarvinT0606]

I bet Heyman could turn a profit if he ran AEW 🤣

[@dm-pj7cp]

8 million in 90's is probably a lot now

[@ernie316]

​@@dm-pj7cp24 million today

[@drg5352]

@@dm-pj7cp $8,000,000 in 1997 money is $15, 792,281.58 in 2024 dollars.

[@ch66ry88]

@@dm-pj7cp8 million in 2001 when ecw shut down is 14 million now, which honestly isn’t as much as other wrestling companies have lost in a year such as WCW or TNA, to be fair WWE is probably the only company to turn a profit in wrestling after 2000 or even 1999

[@reginaldshort8486]

Can u imagine as a temp worker doing security for AEW and the agency tells u ur gonna be making $500 a night instead of the usual $10/hr

[@wilcee238]

Great! 🛎

[@DARC-87]

The mid-level managers would keep any extra money before it gets to the laborers. That much I can promise.

[@unr3alGaming]

A normal employee working a job at an arena, even if it's an AEW detail event that they're picking up in addition to their normal shifts, doesn't see a single penny of that payout. They make their normal hourly wage or they'll make time and a half if they work over 40 hours for the week. That's it. The incentive for doing it is that you get to "see the event for free". The companies keep all of the money.

[@reginaldshort8486]

@@DARC-87 TK is the type of guy to personally hand temp workers or caterers $500 each just for showing up

[@DARC-87]

@@reginaldshort8486 There's not many of them around. But he's got no concept of what money is, obviously.

[@andrewalker2056]

I know cocaine and money laundering schemes when I hear it😂😂😂

[@WorldB403]

😂😂😂😂 I know, right 😂😂😂

[@mathiasjay4320]

You can’t sneak a cocaine and money laundering scheme past me

[@WorldB403]

@@mathiasjay4320 I mean, some of those figures seem soooo inflated. Unless, Tony Khan is a complete rube who gets overcharged by everybody, and these numbers are just normal for him.

[@positively_broad_st3780]

No one needs to embezzle from AEW. Tony is just spending and giving away company money like it's trick-or-treat...

[@CockyBalboa]

Unless aew made 4.5 million dollars average everyday per show this year, tiny is using this business to wash money for an illegal business. That’s a fact unless the numbers he reported himself are maybe an 1/10 of what he reported to the irs . Dude is a drug dealer.

[@robertdesantis729]

They already caught someone who was embezzling from his fathers football team for years

[@duckmercy11]

Tbf his daddy is one of the wealthiest people in the world.

[@paulm1405]

This makes AEW look incompetent or a money laundering scam.

[@MichaelSmith-fq6hz]

If it was anyone except Tony Khan, I would bet my life these weren’t legit numbers. Tony being involved makes it possible

[@RockSmith-rl9qr]

Or both

[@user-uo1qr6vn1q]

Yes & Yes

[@keeganhurley119]

Wouldn’t be surprised if Tony had some accounts in Bogota

[@CockyBalboa]

It’s absolutely a money laundering scam. He claims they had 4.5 million people attending each show this year.

[@greenbasterd9425]

Accountant here, i found this clip especially entertaining. Talent costs were $2MM? Flat? Round, flat numbers always make me very suspicious.

[@austinmarin9334]

Can you explain a bit more? Sounds interesting

[@MauricioSandoval-xc9ih]

They’d give you numbers with odd numbers and cents and still fool you lol

[@greenbasterd9425]

@austinmarin9334 sure. It I'm looking at an invoice for labor, say 10 construction workers that did a week's worth of remodeling or whatever, and the bill is exactly $10,000.00. I'm calling BS. That's not the true cost. The true cost would be something like $10,367.42. Actual hours worked x the various wages of the workers. I would be suspicious that the company wants exactly $10,000 and the actual costs are probably less with the company pocketing the difference. Doubt it would go to the workers. Probably doesn't matter on an application for a tax credit and the board in NV that reviews these tax credits probably rubber stamps them because the casinos bring in the real revenue for the state. But I guarantee that the talent costs weren't exactly $2,000,000.00.

[@greenbasterd9425]

@@MauricioSandoval-xc9ih if they were smart.

[@lookitskazzy]

You're reading way too much into this. It's more likely that the forms ask the preparer to round to the nearest whole number, or Brian/Jim rounded up to avoid being pedantic bean counters on a entertainment podcast

[@CaliPaliGuy]

Shad kahn is worth 12 billion.. and makes so much money per year he has to be thinking "I'm just paying to make my son happy" that's all i can think of.

[@MyGodzilla10]

Yup bc this nothing but a piss in the ocean to him.

[@EV87_]

More like paying to keep him away from his actual sports teams

[@scruffyryan]

Look man, if i had a billion dollars the weird shit i would do just because i had a wild hair up my ass at that precise moment in time would put "overpaying for a wrestling company" look downright normal. I strongly expect most people who AREN'T already billionaires would ultimately end up doing the same...just going for it with every intrusive thought.

[@DundaMifflin]

AEW is a daycare for Tony.

[@bootneyfarnsworth2844]

And maybe he's thinking that it's a tax write off as well. So he's killing 2 birds with one stone. Get my son out of my hair and lose money for tax purposes...Who knows what he's thinking

[@CornBreadtm1]

I'm 100% possible that someone is pocketing a lot of this money cause Tony Khan is a mark. He doesn't know how much anything is worth, you can buy him a can of Arizona ice tea and he'd give you a $100 bill for it, cause the mark doesn't know what the 99 cent on the can means.

[@Kancerru]

It's starting to sound to me like Tony's the one pocketing. Maybe being the mark isn't the only reason he's doing all this.

[@mistermann3225]

​@@KancerruExactly.Tony is a billionaire son. He's not the extreme dork that he makes himself out to be. There's a little kayfabe involved here...

[@CornBreadtm1]

@@Kancerru You think he's Breaking Bad?

[@terribletrey8925]

Completely unrelated, but my dog I’ve had since 2012 took his last breath today, and as hard as today has been, Jim’s videos still uplift me. Thank you guys.

[@dannyetches7089]

Sorry for your loss. Gone to doggy heaven

[@The_Rebeliate]

Sorry for your loss brother, may your dog be fetching forever in doggy heaven.

[@MachoJoe]

I lost my dog who I've had since 2008 on Thursday. I feel your pain. You're not alone

[@brianmilici3473]

Prayers for you and your pup.

[@LNC2009]

Reggie s corner may have mentioned you

[@JohnMcVay1]

I’m sure Tony loves that this is public. LOL!

[@Dale-jr7oj]

It’s just great !

[@andrew8168]

He would (or should) have known that this is a public record. The application likely has an affidavit that AEW had to sign to acknowledge that they know it's a public record.

[@JohnMcVay1]

@@andrew8168 Of course he knows that the media can find the numbers. What I’m saying is that he would be annoyed by that. 💯

[@sbz88]

There was a fan on Twitter who posted a video showing how awful the merch stand was at Forbidden Door. Turns out it's a hell of a lot worse than people thought.

[@tomvu1470]

To be fair, they're still sorting out the mess left by the previous head of marketing/merch I'm speculating (not based on fact/just guessing). Nepotism is no way to fill that executive position (re: Bucks)

[@tempestfennac9687]

@@tomvu1470 How long has it been since she left? It feels like quite a long time.

[@tomvu1470]

@@tempestfennac9687 Wasn't as current as late last year? If it wasn't, I'll remove my post.

[@tempestfennac9687]

@@tomvu1470 I think it was Winter this year.

[@aceloco817]

Sounds like some Aew employees are stealing Tony blind. Good lord!!😂 Edit- after listening to all of this... hell yeah someone is stealing. That is ridiculous....

[@DudeinGA]

If it's the same type of employee that worked for the Jaguars and stole from them, then Tony Khan is completely out of his element running AEW.

[@standardofexcellence]

​@@DudeinGAjags players take money knowing they are gonna win or lose in kayfabe just the same, but fans don't know when each will occur as they believe it's still real to them damn it! Basically they are a talent enhancement jobber

[@XombieLejon66]

Of course these guys are robbing Tony. Let's not forget, guys like Pizzeria Uno, Anthony Ogogo, and Colt Cabana are still under contract for whatever reason

[@style002323]

How many people are getting money, on this list of expenses, and aren't even there?

[@xymoriintus]

Nobody is stealing you fool he's ridiculously frivolous with his money and this is how he's choosing to use it

[@huh8662]

Yeah, there's no way Tony only goes through $7k of "props" at a PPV.

[@john_blues]

What's the price of a kilo of 'props' these days?

[@blktom]

@@john_blues lol

[@danielcraig4974]

👃❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️❄️

[@iamdb1990]

that was the only one I believed lol

[@zlinedavid]

Those aren’t just any props. Those have to be imported directly from Colombia.

[@locusmortis]

Local Management Services = The Mob.

[@tubbymontana7090]

Ayo 😮I kinda believe lol

[@zlinedavid]

You know, the guys that “take care of tings”.

[@qwertyiuwg4uwtwthn]

"see ya better do the job for the bucks see or you'll be sleeping with the crows jack!" *smokes cigar as I do the elite logo with a tommy gun on the wall*

[@mlsanders4800]

The mob left vegas 30 years ago

[@shaunk6925]

Sounds like "waste management" that some other guy named Tony was involved in...

[@tomvu1470]

lol @ the transportation expense budget...didn't they make CM Punk get Wembley on his own (eg., left him high & dry at the airport?)? I guess the money got 'lost in transit'.

[@mattbradley6929]

Remember Tony Khan actually gave Kota Ibushi a huge contract despite him being completely washed and broken down.

[@User27949]

he doesn’t care and that’s his problem

[@austinha11]

Lol it's popular to say "washed" now

[@Dale-jr7oj]

Same with Jericho making 3 mil

[@YellowJeep]

Tony doesn't hire employees, he rents "friends."

[@coreydx8602]

Wait, Jericho's making 3 million!!! I'm in better shape than Jericho and I don't even lift weights. 🤣

[@trakficjam17]

The fact that AEW Roster is getting paid to do gymnastics and stunts is "insane". Welcome to the Jungle ladies and gentlemen. 😅

[@kingmorrison749]

Money Laundering 101.....

[@nathandts3401]

You need money to look like it's coming back in to launder money. If it was dirty money they'd be asked where the money came from and they can't exactly claim AEW generates it.

[@kingmorrison749]

@@nathandts3401 Didn't know you were an accountant for Tony.

[@nathandts3401]

@@kingmorrison749 Just clarifying that you don't seem to know how money laundering works. AEW is just a poorly ran business.

[@pedrolantyer]

Mr "feared for his life" is too much of a chicken to do anything illegal

[@mistermann3225]

​@@pedrolantyerHe? He he , this is what the Khans want y'all to think.....

[@roymauler]

The Final Countdown is a Europe song. Not Scorpions.

[@stu9856]

Worst. Song. Ever.

[@roymauler]

@@stu9856 Ever? Probably not. 😆

[@johnnygrind77]

@@stu9856 That title goes to Jefferson Starship's 'We Built This City."

[@carlosr6462]

​@@stu9856oh, come on! Have you not listen to the radio lately?

[@chrischar9428]

​@@johnnygrind77that's Starship

[@dantecorradi4629]

As Bobby Heanen used to say, “A fool and his money soon part.”

[@steviep76]

There is a phrase in the uk. Mugging someone off, making a mug of someone, he’s a mug! These apply to tk. What a mug!

[@qwertyiuwg4uwtwthn]

you could probably drink coffee out of that empty head of his

[@ScottRen14]

Yep he's a mug, As the saying goes- a fool & their money are easily parted

[@FURTHER_ADO]

Did he just say the Scorpions song " the final countdown"? Don't forget the Europe song "Rock you like a hurricane".

[@RyanS881]

They have a budget?

[@easter_sunday]

AEW = WNBA

[@durden2480]

It’s shocking

[@PlatinumRoseLady]

Well, now my nose is bleeding. You can't ask me to math on a Friday night, man. That's just cruel.

[@Kancerru]

Doing math to you is hearing people say numbers?

[@PlatinumRoseLady]

@Kancerru No, it's trying to figure out how much money was going where and why. It was also a smart-ass remark made to make people laugh. Sorry if that wasn't clear enough.

[@greghuffman3061]

epistaxis

[@RonJP-pm7jp]

I believe Cornett or Bischoff said it during the review of this PPV that Tony had to drop a lot of money down to be able to pull off setting a wrestler on fire and not have the fire marshal shut everything down. I’m sure part of this is paying off the right people.

[@MetalJT24]

If tony wants to give out free money ill take it.

[@LukeNitestalker]

"A Million Dollars!" - Cody Rhodes 🎉😂😂

[@actuallynotsteve]

How the fuck are you spending $250k on hotels? Even if there's like 200 employees, that's $1250 a head. In Vegas rooms are like $100.

[@User27949]

a lot of drugs

[@Sevenduece]

I was in Vegas the week leading up to double or nothing for a work conference... Stayed at the mgm grand and even with the family and friends discount it was 400 a night

[@positively_broad_st3780]

Even at $500 per room, 200 people puts them at $100K per night if no one is sharing rooms. Are they staying 2 or 3 nights during this trip?

[@brizwaldjonson]

@@positively_broad_st3780 there's no bulk rate or anything?

[@DundaMifflin]

that little dork has no concept of spending and puts everyone up in expensive hotels...

[@dynamic283]

How the fuck is Tony paying 2 million dollars for talent for 2 nights, is it to compensate for the amount the wrestlers drop each other on their necks?

[@teecakes]

Hilariously, a few weeks before Double Or Nothing happened, Tony Khan hired Kota Ibushi and gave him a 7-figure-contract (at least $1M per year) and LATER THAT WEEK after signing with AEW Ibushi broke both of his legs doing a garbage deathmatch. But Ibushi is still part of the 'talent' getting $3M on that tax credit sheet 🤣😂

[@wildwine6400]

Tony Khan has still yet to make 1 cent profit and expenditure is at an all time high

[@AlbertGoh-h9b]

MJF is absolutely ruined

[@joegreene7619]

He was never good.

[@Titanscw]

No he's not. Get over it

[@easter_sunday]

He needs to put his band back together and take out the WWE refuse.

[@User27949]

@@easter_sundaytake out the wwe 😂😂😂😂😂😂

[@cnewtoneov]

MJF was a man amongst boys prior to Adam Cole. He easily could have been a WWE superstar. He is a new age Ric Flair.

[@Shiny101]

Mike Mansurri(or however it's spelled) used to work for Pat McAfee for a bit. He actually seemed like a good guy, he was one of the people that tried to tell Jack Perry not to bust the window of the car.

[@The_Deal]

If they paid 50 Thousand for catering, something is terribly wrong. Save money ordering Chipotle, Olive Garden, or even Panda Express. Man, thats crazy. And those hotels and transportation. I bet flying Osprey, and the NJPW guys racked up the expenses. Fly economy, purchase your own luxury bus.

[@Dartingleopard]

Yeah, or even a big stack of pizzas from any chain or local mom & pop would be a fraction of the cost. Hell, they could have a pizza place make them to order for the wrestlers on site for a lot less.

[@Kancerru]

WTF are they even serving in catering? Buckets of caviar?

[@tom-]

Maybe 5000 dollars on some water, soda, fruit ,veggies and some chicken tops maybe 50 dollars a person in the building because its an all day build up and tear down for about 100 people , I am sure Tony is comping any of the talents meals or room service wonder if hes writing that off as catering

[@Edge50199]

​@@tom- My father has an arena venue in Bulgaria for 5000 people capacity. We had circus from Georgia not so long ago. Total amount of performers, including staff was around 180 people and the catering cost since they purchased it from us and that was 3 course meals (Breakfast, lunch and dinner) was around 75 Eur (90 USD) per person but trust me that was 3 course set for lunch and 4 course for dinner with drinks (alcohol included). I honestly have no idea what they have fed them because with the roster and the personnel they would count around 200 people max to cost 50k

[@NemesisDestroys]

At this point I think it’s going to take Tony dying to actually kill AEW.

[@anonymousbo0318]

Shit is basically dead already. It's just going to go the TNA route.

[@invisible.fatman]

With the rate he's going through show props that won't take too much longer.

[@MarquisLeary34]

@@anonymousbo0318 For something dead, it sure hasn't shut up.

[@WardenofKaos]

As ridiculous as the numbers may seem, the reality of AEW and Tony Khan is that he really just doesn't give a f*ck about how much anything is. I mean, he's a multimillionaire with "successful" businesses that pump out tens of millions yearly, on top of being the son of a billionaire who seems content with having his money spent it whatever fashion because he wants his son to be happy...or out of his way. Even though Tony should really care about his own talent taking advantage of him for a fat paycheck with minimal returns or his own shows and reputation crumbling around him, the ugly truth is that as long as TK has the money to support AEW, this is just the way it's gonna be.

[@DundaMifflin]

It's not a business it's a Rent-a-Friend for Tony. The hugs are a big part of it too.

[@steves2241]

Exactly, when you have millions and millions of money coming in every year, it pays for what he spends on AEW, so he could care less about the money. The average working man works his ass off at a job making as much money as he can, so he can take 4 vacations a year and spend a fortune, and not care, because the job he has is paying for it.

[@JMFSpike]

As a general rule of thumb, the richer someone is the dumber they are with their money. You nailed the reason why that is. There comes a point where you're so filthy rich that you no longer care at all if any money is being wasted.

[@Redeyezsocialclub]

Tony at thos point is Herb Abrams with a infinite bankroll in 2024

[@krashkow]

Right. The operating costs of AEW are probably a fraction of what the family collects on interest in a year on their fortune. "Go have fun, kid. The principle ain't even touched."

[@ModernDayRenaissanceMan]

It wouldn't be the first time the crew was used to fill out the crowd

[@ELPRES1DENTE45]

Who knew you describe cocaine in so many different ways...

[@MichaelSmith-fq6hz]

“It takes a lot of money to get it up.” And you’ll need it up too at the Bunny Ranch

[@SirMartinJonesy]

Everything's GREAT!!! Thanks guys

[@philipinman4972]

So they made 1 milion and spent 3 million?!

[@2kLufieri]

they made about 7 million from ppv + ticket sales

[@zemm9003]

​@@2kLufierithat's only peanuts Jesus Christ.

[@anonymousbo0318]

​@@2kLufieri😂 🤡

[@ScottRen14]

​@@2kLufieri give me strength 🤦

[@lookitskazzy]

Nevada (or at least Vegas) requires you to use union stage hands and technical staff etc for productions even if you use your own crew and just have them to supervise. So that increases his cost. I recently rented a compact in SF LA and Vegas and the average cost per day was 75 USD. so I can see how the rental cost would be high. Tony really needs to control cost but I guess as long as Papa Shad's money maker keeps printing cash he doesn't care.

[@andrewlotz3276]

Remember the dude who so easily embezzled from the Jaguars organization for so long before being caught. Seems like loose accounting like this fits that possibility. Wonder how many others are drawing money they shouldn’t (particularly car rentals it seems!)…

[@matthew2874]

That’s why some of their backstage segments are filmed in a corner of a concrete wall

[@youtubebannedme4207]

Its like 60 bucks for a rental car along with a 300 dollar deposit on your card.

[@shakycameratheater]

Do not screw up government paperwork.

[@King4sshole89]

This is embarrassing. Daddy might have a lot to go around, but it ain't infinite. What's he going to happen if Shad just dropped dead? Tony with a large bank account could destroy everything Shad built.

[@nickhughes8179]

Cokie has a sister who’s set to take over for Shad if something happens. AEW is to keep Cokie away from the actual family fortune. He’s now spending that $2 billion Shad found in a pair of pants last week.

[@invisible.fatman]

Shad's still part owner so he can use the loss as a tax shelter. It's like when Trump bankrupts a business on purpose to reduce tax burdens. At their level, the bigger the loss, the bigger the tax relief. Tony probably pads the expenses to a level that is pre-set by Shad.

[@buttscarlton1490]

It speaks volumes that a middle eastern family is placing their legacy in the daughter's hands because they know that Tony is incompetent

[@ianlim1000]

This is like playing Wrestling Simulator with Infinite Money Cheats

[@Juicelee777ssj]

I've been saying forever that he's been playing with the infinite money code since the beginning. The problem is none of his partners have the same cheats.

[@ianlim1000]

@@Juicelee777ssj Except that he is still a lousy player despite all of these

[@wilcee238]

It would be hilarious if Tony was really Kevin Spacey's character in "The Usual Suspects" pretending to be incompetent, but sadly he's Kevin Spacey in real life, touching people awkwardly.

[@ChadVital]

Wtf lol

[@Kancerru]

Ouch

[@zlinedavid]

I laughed way too hard at this 😂😂😂😂

[@greghuffman3061]

K Pax

[@karlm641]

I remember someone once saying Bob Carter was ok with Dixie losing money on TNA because he wanted her to stay away from the real business… same is true of Tony, his dad just wants him away from the thing that makes the family money

[@muzman486]

And yet they couldn’t get a limo for punk.

[@TheHockeyGuy]

There's no way this company is turning a profit with costs that high.

[@zlinedavid]

Never knew you were a Cult of Cornette member Shannon! And AEW has never turned a profit. Doesn’t take an accountant to tell anyone that.

[@TrocarSlushWeasel]

I'm no IRS agent, but this sounds like tax fraud to me.

[@theuniverse7227]

I’m a photographer…I’m about to go try to get a job with Tony

[@OhhSooSicc]

Just tell him his booking is gggggreat! And you might be able to!!😂

[@catwheeler]

Get him for every dime bro

[@SubtlyPoor]

Do it. He's a mark, money is nothing to him, he's never had to earn any of it, he won't run out of it, he'll get more.

[@RelTheKing]

All that money for a total of 3500 people

[@chrischar9428]

And all that for a single drop of blood

[@joshbouman1654]

So Tony spends a grand per ticket sold? 😂

[@lennyclinton5672]

Brian was right about one thing; Atlanta has been aggressive in shootings. Just not the kind of shootings he meant.

[@FggfGffg-kg8qo]

30k for rental cars.

[@A-Negative]

To be fair, and I’m not trying to be cause… AEW. This is film and TV credits. When you fill out these tax incentive forms it’s in your favor to embellish your costs most of which you aren’t really incurring. For example “camera rentals” “led boards” etc which is quite pricey… a lot of ongoing productions own those and are renting from an internal rental company same with catering etc and then charge them off as an expense when they were paid off months ago to the networks on budgets and tax incentives. It’s how reality shows do it to which is how I know this. The rentals are shuttles for crew, cast and gear -not vacation rental cars, the stage hands- that’s the teamsters -it’s a union city so you have to use them…. For most shows if you really got into it, it’s MUCH less than they are claiming. They want the salaries to be high because Nevada can tax them and you qualify for more incentives. The songs rights wouldn’t be claimed on this form. But they want to make it seem much bigger for anything. It’s how reality shows make a profit just through product and they don’t have a “gate”, merch etc.

[@robertdesantis729]

They recently caught someone embezzling from the Jaguars who was doing that for years - these 2 just don’t watch their money

[@bookmark7859]

TGBL must've had a "Blackout" when he though The Scorps did "The Final Countdown". Or he's just "In Trance"...

[@originalhuggies9740]

Is Miro's ex-wife still getting paid?

[@dbeckwith00]

Yes

[@sylvesterstanton7488]

Heard his roster cost him 104 million dollars.

[@user-js5gy1kj1l]

The song "The Final Countdown" was made by Europe, not Scorpions.

[@BlackoutCreature]

"Local Management Services" really sounds like the kind of BS cover name for the local mobsters you'd have to pay off so they'd let you run the show.

[@mlsanders4800]

The mob left vegas 30 years ago, which is why the drug problems, homeless situation, and street crime, is so bad there now. The mob didn't allow all that back in the day.

[@seanmetcalf918]

Tony is just like Jordan Belfort in this one case, he sees money as "fun coupons".

[@zlinedavid]

Well no, two cases. There’s also the affinity for the booger sugar.

[@seanmetcalf918]

@@zlinedavid damn are you spot on. I stand corrected and humbled, well played.

[@dave5857]

"It's not a business".

[@209bornandbred]

The weird part is that I think either in 2022 or 2023 the NFL player's union released a player report card where players got a chance to rate the team facilities/amenities and the Jaguars had one of the lowest ratings in the league because they spent as little money as possible on lots of things (I think they were shamed into improving things)... I wonder if the Jaguars' catering budget was a fraction of what Tony Khan spends per show for AEW

[@astrocreep5561]

Now i really want to know what the budget for wrestlemainia was

[@Kalbuir66]

a heck of a lot more than that.

[@zlinedavid]

For the entire weekend? $10M, easy. And they made probably 5 times that.

[@thomasgodfrey7587]

I would be curious to look at that information. If TK is spending 105 million on the talent budget per year that might be the TV rights deal per year. That's about an average of a million per person on that roster. I'd also be curious to see what their revenue for the PPV was. I know this last one he said he drew a million

[@user-kk3jr8gi2x]

I love how Jim’s always putting the bunny ranch over

[@clarity2115]

Khan is about to be the WNBA of professional wrestling... operating at a yearly loss, lol

[@cowboy9275]

More people on the crew then they do in the seats 🤣 I'm dead 💀

[@nohbuddy1]

Jacksonville is also paying Tony's dad hundreds of millions of dollars in taxpayer money for a new stadium for the Jaguars

[@user-on9ie2lm1y]

Ya the the crappy team made the QB one of the highest paid. Show you a lot!

[@nathandts3401]

I remember that John Oliver segment on stadiums. Americans are weird.

[@Justin9700]

@@nathandts3401A lot of us here don’t like that billionaire owners get taxpayer money for stadiums. It shouldn’t be legal but for whatever reason, judges have deemed it ok. Kansas City is the most successful team the last half decade and their populace just voted against giving the owner money for stadium renovations.

[@gojirabroderick6491]

26 out of 28 left AJPW to create NOAH. How many wrestlers are contracted to AEW? Over 100? 150?

[@dbeckwith00]

At least 200

[@ValiantValium]

So youre telling me that AEW could spawn 4 to 6 NOAH's? That's a lot of star ratings!

[@jpistolas]

Jim... you can zoom your browser to read the text. I'm sure Stacey would help you do it.

[@yagamifire7861]

Wise words from the deadliest man in the world

[@jpistolas]

@@yagamifire7861 Never underestimate the power of the Dim Mak 😁

[@brenthenshaw3585]

Brian, my estimation of you as a music industry guy just plummeted. The Final Countdown was done by Europe, not the Scorpions.

[@cb9301]

Europe wrote/sang The Final Countdown, not Scorpions

[@SlimSlashie]

Jim single handedly gets aew audited. lol

[@cipherpac]

"Not a real business" ~Unknown~

[@ren17x50]

"Why couldn't I have had a rich dad"-Eric Biscoff probably

[@MarquisLeary34]

More like everybody who doesn't have a rich dad.

[@MarvinT0606]

Tony Khan's intro music should go like "There Goes the Moneeeey!"

[@basickben]

😂I'm dead on the Shpw Props im disguise

[@JoseFlores-xc7wu]

Tiny Khan should buy the Greyhound Bus Company and then make Mercedes Mone the CEO and the mascot of the company, especially since she looks like one is the perfect match-up

[@SoFlyBmOr3]

Then they brag about a million dollar gate.... The gate means shit lol drop in the bucket in terms of expenditures

[@Surfword]

Looking at this tab someone somewhere has to be stealing money again

[@decepticonxhunter4850]

Dutch Mantell couldn't believe the budget breakdown when his co-host showed it to him.

[@kemocity]

I am happy, as a WRESTLING FAN, that Tony spends money like he loves to. Why complain? 😂😂

[@DundaMifflin]

Thank you Tiny Klown ❤

[@benespinosa6725]

LMAO AEW spending more money yet their on-screen product commentary suck if they're spending money why don't they fix that first they still look so minor league 5-years later no wonder why WWE is on fire and nobody's watching AEW 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

[@TheGoodLad89]

Tony short-changing the Teamsters, no wonder he fears for his life 😂

[@flyervoracek5954]

There’s two options: 1) AEW is inflating numbers to get to some minimum level for the described tax credit. 2) AEW is spending ungodly amounts of money in the most unproductive fashion imaginable. Catering being $50,000 is highly suspicious unless they’re including all meals purchased over the course of the weekend. Is in-house security hired by AEW? If so, how is it possible that they are spending half the rent amount of the MGM arena on security for the building. $10,000 I could understand for two nights but 6x that amount? Utterly insane

[@spidermanthreethousand]

What would you know about catering, buddy? Do you work in the catering business? Do you know how much 1 plate would cost you to put food for just one person in weddings or other functions? Let's say 1 plate would cost you 100 And you have 400 guests ( wrestlers and aew in ring crew and other staff) 100 × 400 = $40,000

[@flyervoracek5954]

@@spidermanthreethousand what in god’s name costs $100 per plate? You should be able to get by on half of that.

[@kevinjones2699]

They'd be smarter if they was money laundering. 😂

[@jacobsnipes6244]

This is why billionaires need to be taxes 70%

[@robwhitey-dl1ls]

so i do a lot of work with aew wrestlers and they don’t usually rent cars when they fly in..they uber to the hotel and take shuttles to and from the arena..maybe 10-15% rent cars..that number blew my mind for rentals

[@maceomaceo11]

You should probably let the IRS know this, because all of this reaks of money laundering.