>>14034287The actual value of aew is the potential revenue minus the minimum expenses.
If they get a huge increase in their rights fees they still could only maybe make a slight profit and their expenses keep increasing. There is literally no reason to purchase the company unless some billionaire has a lot of extra money and either hates Tony Khan or really wants to make a good wrestling show and rescue this poor company from the people who run it.
The "valuation" it got was from a tabloid that is known for being massively wrong about net worth and valuations almost every single time and it is very likely that they were paid under the table to report about this random wrestling company that very few people have even heard of.