>>14314597This is a truthful analysis but the liars and sycophants don't want to hear it. They will post their hastily Googled business charts showing losses, followed by breaking even, followed by profits and say "See! This is how start-ups usually work! It's only been 5 years!".....but they'll completely ignore the part where most start-up businesses fail after losing money for too many years.
AEW, based on the data we have publicly available, isn't worth a dime if guaranteed contracts are included. If Tony Khan paid off every single outstanding talent contract above $1M (so Moxley would stay on and only cost the new owner $1M/year for the rest of his contract, Ospreay $1M, etc), it still would be tough to sell the company for even $50M, because as soon as the contracts are up, those guys are gone. It would be a race against time to establish the younger stars while convincing the overpaid guys to put them over before leaving.
TV deal can get you $100M/year, but if talent payroll is $100M/year, is it worth it? Probably not. Okada is making almost $5M/year, we really think Jericho, Moxley, Danielson aren't making at least that much if not more? MJF, Hangman, Bucks, Copeland, Omega, Ospreay as well. And the next tier with FTR, Mercedes, Christian, Jay White, Samoa Joe, not a lot of savings there. And you have Darby Allin, Swerve, Toni Storm, Statlander, Hayter and others with big raises coming soon if they haven't gotten them already.
AEW doesn't have a talent problem, it has a payroll problem. WBD is not going to add $30M/year to their offer just because Tony felt like adding more toys to the toybox. Each new signing Tony makes, in fact, it seems more apparent that WBD will be scaling back their deal with AEW (Dynamite only?) and AEW will be pursuing other avenues.