How Much Money Does WWE Make Compared to Previous Years?

Here is an interesting breakdown of WWE’s finances, according to Dave Meltzer in the Wrestling Observer Newsletter this week.


Profits

Here is a breakdown of WWE’s profits in millions for each category in 2016, 2015 and 2014.

Category 2016 2015 2014
Live events (tickets & merch) $51.6 $46.9 $35.5
PPV/Network $43.0 $48.4 -$1.8
Television $119.8 $97.0 $61.9
Licensing $27.4 $28.8 $21.0
Home video $5.3 $4.6 $15.0
Web (web/YouTube/shop) $12.3 $9.5 $3.8
WWE Films -$0.2 -$1.5 $0.5
Corporate expenses -$178.7 -$172.1 -$151.4


Notes

Here are a few notes of interest:

– 2016 was the highest revenue year in WWE history. However, their expenses have also gone up, so it is not as profitable as most of 1998-2010.

– In 2016, WWE generated $729,216,000 in revenue with $33,725,000 in profits. Both up from 2015, which saw $658,768,000 in revenue and $23,927,000 in profits.

– The $33.725 million in profits were still not enough to cover the annual dividend payment to shareholders, which was $37,218,720. 46.5% of that ($17,306,700) went to Vince McMahon. Because of this, WWE had to go into their cash reserves last year.

– Live event revenue was $144.4 million in 2016, up from $124.7 million in 2015.

– WWE shows (not including NXT) had an attendance of 2,101,000 people on 344 events in 2016.

– NXT event revenue was $6.98 million on 189 shows, with an average attendance of 995.

– Merchandise sold at live events brought in $24.2 million.

– WWE Shop brought in $34.6 million in revenue last year, averaging 2,108 orders per day.

– WWE spends around $1.1 million for each episode of Raw and Smackdown.

– WWE is the second biggest seller of action figures in the US, behind Star Wars.


WWE Profits 1994-2016

Here is a yearly breakdown of WWE’s profit/loss history. Source: Wrestling Observer Newsletter

Year Total Revenue Profit/Loss
1994-95 $87,352,00 -$4,431,000
1995-96 $85,815,000 $3,319,000
1996-97 $81,863,000 -$6,505,000
1997-98 $126,231,000 $8,446,000
1998-99 $251,474,000 $56,030,000
1999-00 $373,100,000 $68,973,000
2000-01 $456,043,000 $15,987,000
2001-02 $409,622,000 $42,233,000
2002-03 $374,364,000 -$19,455,000
2003-04 $374,909,000 $48,192,000
2004-05 $366,431,000 $39,147,000
2005-06 $400,051,000 $47,047,000
2006 (5/06 to 12/06) $262,937,000 $31,617,000
2007 $485,655,000 $52,137,000
2008 $526,457,000 $45,416,000
2009 $471,161,000 $50,303,000
2010 $477,655,000 $53,452,000
2011 $483,921,000 $24,832,000
2012 $484,000,000 $31,400,000
2013 $508,000,000 $2,800,000
2014 $542,600,000 -$30,100,000
2015 $658,768,000 $23,927,000
2016 $729,216,000 $33,725,000

2001: WWE lost $68,994,000 on the XFL. NBC lost another $68,994,000.

2003: WWE lost $35,557,000 on “The World” / WWF New York restaurant.

2011-2014: WWE lost $40 million+ on its movie division and several millions in start-up costs for WWE Network.