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If you assume their spending is similar to a WWE like Thurston does, 34 mill loss last year which is basically nothing. Roster bloat is what? 100 extra people to fill out cards or replace an injured worker with in a pinch that you're paying low 6 figures if not they're on one of those per appearance deal things where they're getting paid jack shit?
As long as their next deal is larger than this one and the live sports bubble still hasn't burst, they'll easily be profitable. They could downsize and profit right now, they just have no incentive to.