WWE made history earlier this year when they hosted the Greatest Royal Rumble in Saudi Arabia in April.
At the Greatest Royal Rumble, a 50-man Royal Rumble match took place, the biggest Royal Rumble match in WWE history. This match was won by Braun Strowman.
It also featured a casket match with The Undertaker, seven title matches, and a clash between Triple H and John Cena. The event came under scrutiny though, as female superstars were not allowed to perform.
WWE will be returning to Saudi Arabia each year for the next ten years for an event as part of their 10-year deal with the Saudi Sports Authority.
If reports from the latest edition of the Wrestling Observer Newsletter are to be believed, via Sportskeeda, WWE’s deal with Saudi Arabia is worth $45 million per year over the next ten years, bringing the company nearly half a billion dollars during that time period.
That’s an incredible $450 million. Think about that for a second!
With the reveal of the details of this deal, it’s easy to see how WWE is able to fund some of their new projects including the NXT UK division which began filming this month and others.
The Wrestling Observer further speculated that the amount of this deal could increase further, as Saudi Arabia could ask for more than one show a year, which can only mean good things for the further of the WWE.
Many WWE fans will be hoping the company will be able to use their position in this deal in the future by pushing to allow female superstars to be a part of future Saudi Arabia shows. However, this will be easier said than done due to the laws in the kingdom.
Yet, the staggering $450 million WWE will be earning from this deal over the next ten years will allow the company to produce and bring the best wrestlers in the world to the WWE for years to come.
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