As reported on Wednesday, several trademarks have been filed for a new wrestling promotion called “All Elite Wrestling” and all signs point to Cody Rhodes and the Young Bucks being involved.
The promotion will very likely be financed by Jacksonville Jaguars co-owner Tony Khan. Khan is a multi-billionaire and a huge wrestling fan, according to the Wrestling Observer Newsletter. He has even sent in live reports to the Observer and has been a subscriber for over 20 years. He’s also said to be good friends with the Young Bucks.
Chris Jericho and Jim Ross
This story was first rumored a few months ago and Chris Jericho and Jim Ross were named as people who were involved in starting the promotion.
However, that isn’t exactly true. While Jericho and Ross almost certainly knew about the promotion, they would only potentially be talent that could be signed and wouldn’t be involved in running the promotion.
Chris Jericho is a free agent right now, but Jim Ross is signed with WWE until April 2019.
WWE Wrestlers Interested
“Several names” in WWE are “very, very interested in this,” Dave Meltzer said on Wrestling Observer Radio.
Meltzer: “Everyone in the business today – it was something that people were talking about. I can tell you that in WWE, I know of people that are very, very interested in this. Several names. That doesn’t mean that they’ll do anything. They’re very open to the idea, of course, if it gets off the ground and there’s something tangible here, which as of today, as of this moment, there really isn’t other than an idea.”
Meltzer added that getting a television deal is very difficult and it’s not as easy as being a rich guy and snapping your fingers and getting a deal.
WWE Aggressively Signing Indie Wrestlers
WWE has been aggressively signing indie wrestlers in order to essentially “hoard” them and prevent other promotions from becoming a threat. This situation will almost certainly cause WWE to become even more aggressive.
“Double or Nothing”
“Double or Nothing” was one of the trademarks filed. That was a name that was used by Cody Rhodes at the end of the first All In for a possible second All In.
According to the Wrestling Observer Newsletter, one unconfirmed idea was to have an “All In 2” some time in the second quarter of 2019 in Las Vegas and it would have been called “Double or Nothing.” That doesn’t necessarily mean that that’s still the plan, but it was an idea at one point.