On Thursday, the WWE announced its First Quarter earnings for 2014. Despite a loss of $8 million ($0.11 per share) due to the WWE Network, it beat analyst expectations by 0.05. This quarter in 2013, the WWE saw net income of $3.0 million or $0.04 per share. The most notable news was the lack of […]
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The Wrestling Post: WWE Earnings for Q2
Welcome to another edition of The Wrestling Post. This time we take a look at the WWE earnings call for its second quarter. The WWE did not meet Wall Street’s forecasts but delivered a profit. For the quarter ending June 30, 2013, total revenues for the WWE increased $10.7 million up 8% from this time […]
Mayweather tops list of highest paid American Athletes
Sports Illustrated released its list of highest paid American athletes for 2012 and Floyd Mayweather topped the list. Just working two nights to make the list, Mayweather made $85 million without any endorsement money. Mayweather won by a big margin over Phil Mickelson ($60,763,488 with $57,000,000 in endorsement money) and Tiger Woods (($56,440,238 with $54,500,000 […]
The Wrestling Post: WWE First Quarter Earnings
The WWE announced results for its first quarter for 2013 on Thursday via conference call. The WWE’s revenues were flat from last year thanks to the film business. There is no word on the launch of the WWE Network although it spent $500,000 on it in the first quarter. The WWE revenues were up modestly […]
Rovell calls out White on UFC numbers
ESPN Business Reporter and UFC head Dana White went back and forth on twitter on the state of UFC business. The UFC drew the scrutiny of ESPN business reporter Darren Rovell. If you didn’t know, Rovell covers the business of sports and is as active on twitter as Dana White. Rovell sent a tweet out […]