UPDATE: Economic impact of WWE events in Indy projected at $350M

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7 thoughts on “UPDATE: Economic impact of WWE events in Indy projected at $350M

  1. A big “huh?” if this is being called a sport in any way, shape, or form. Entertainment, scripted entertainment…yes, THAT I get. I suppose this event announcement about an alleged form of wrestling makes for some nice economic news.

    1. This is going to come as a brutal shock, but Reality Shows are also scripted…:
      WWE is a huge entertainment enterprise. Been around for about 50 years now. Are you seriously still squabbling about calling it wrestling?
      It is a very nice economic win

    2. Hardly what I would call a “world class” event (compared to last week’s Olympic swinning trial which drew more than a quarter million spectators). Officials need to be transparent about the total dollars (city and state) to subsidize this so-called “entertainment.”

    3. Brent – good thing you aren’t the one defining “world class”. It’s absolute world class level as far as economic impact. These are huge events with a massive fan base.

    4. Exactly. I would understand it more if the IRT was involved … not the Indiana Sports Corp. The WWE has as much in common with “sport” as, Reality TV shows have in common with “reality” (in a nod to Chuck W., though I’m not certain I get the “brutal shock” to Daniel B., or his point … we’re squabbling about calling the WWE “a sport.”).

    5. “World class” is very subjective; it means something different to everybody who says it. I’m not a fan of the WWE, but let’s not be elitist.

      From the perspective of Indy’s tourism industry, these WWE events will have a ‘world class’ financial impact.

      The Olympic trials brought a lot of people to Lucas Oil Stadium, but the reality is that outside of swim clubs & swimmers’ families, a lot of spectators for events like Swimming Olympic Trials are local. Further, only half the stadium was used; ticket prices were relatively low; and there weren’t many peripheral events. It was great to host and “world class” in its own right, but very different.

      The WWE rarely hosts any events in the Midwest & they are a huge draw to WWE fans across the US. These events will keep Indy’s hotels booked with out-of-towners; drive a ton of additional restaurant sales (locals eat at home); and will lead to 3 sell outs of Lucas Oil while drawing high ticket prices. The economic impact of the three events combined probably be similar to (or greater than) what is expected of Taylor Swift’s last three Eras tour concerts in November.

      And no, I’m not a fan of the WWE or Taylor Swift. The former is objectively scripted and the latter makes money through putting on a relatable persona rather than through pure talent. But y’know, we don’t have to like everything that’s good for us.

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