Raziel Posted April 6, 2023 Share Posted April 6, 2023 Cost synergies is coprbullshitspeak for "make the poor saps that didn't get packages do twice the work with half the staff they originally had". 3 Link to comment Share on other sites More sharing options...
Go2Sleep Posted April 6, 2023 Share Posted April 6, 2023 52 minutes ago, Technico Support said: Fightful is saying there will be layoffs after the merger, including finding cost synergies in the front office. Someone with more tolerance for corporate bullshit bingo speak can find the press release. Not surprising since WWE is usually doing roster cuts at this time of year anyway. "Cost synergies" just means the cuts will extend to corporate this year, probably mainly to long-time WWE office people. Endeavor will want more of their people in control, so outside of Vince and Nick, office people should probably be in JTG mode. It will be confusing this year because the "Future Endeavors" will actually be the people not getting fired. Link to comment Share on other sites More sharing options...
stinger12 Posted April 6, 2023 Share Posted April 6, 2023 Technically. They have all been Future Endeavored. 1 2 Link to comment Share on other sites More sharing options...
Elsalvajeloco Posted April 6, 2023 Share Posted April 6, 2023 8 hours ago, Go2Sleep said: Not surprising since WWE is usually doing roster cuts at this time of year anyway. "Cost synergies" just means the cuts will extend to corporate this year, probably mainly to long-time WWE office people. Endeavor will want more of their people in control, so outside of Vince and Nick, office people should probably be in JTG mode. It will be confusing this year because the "Future Endeavors" will actually be the people not getting fired. It sounds like there might be massive bloodshed tomorrow (if not tomorrow, very soon), and they are preparing to get out in front of it. Link to comment Share on other sites More sharing options...
AxB Posted April 6, 2023 Share Posted April 6, 2023 The Grizzled Young Veterans.... SOOOOOOOOooooooonnnnn to be acknowledged as not the only wrestlers leaving WWE recently. Link to comment Share on other sites More sharing options...
Elsalvajeloco Posted April 7, 2023 Share Posted April 7, 2023 Re: WWE could help UFC WWE just did two stadium shows back to back and didn't reach $11 million either night. Link to comment Share on other sites More sharing options...
Dolphman 3000 Posted April 8, 2023 Share Posted April 8, 2023 20 minutes ago, Elsalvajeloco said: WWE just did two stadium shows back to back and didn't reach $11 million either night. 2300 Arena regularly sells out for boxing/MMA shows with the lowest ticket-price being $100, while wrestling shows have to fight for fans while offering $20 tickets and comps Boxing/MMA will always be more prestigious than pro wrestling Link to comment Share on other sites More sharing options...
Elsalvajeloco Posted April 8, 2023 Share Posted April 8, 2023 Just now, Dolphman 3000 said: 2300 Arena regularly sells out for boxing/MMA shows with the lowest ticket-price being $100, while wrestling shows have to fight for fans while offering $20 tickets and comps Boxing/MMA will always be more prestigious than pro wrestling Boxing in Philly though is always going to be something and that's going back to like the Blue Horizon. I always wondered when pro wrestling would get to the pricing tier of MMA/boxing. I mean who wouldn't pay for though? It's slightly bigger and more dedicated fanbase. At this point, WWE could have broken records that never would have been touched by anyone in combat sports or entertainment. Link to comment Share on other sites More sharing options...
Dolphman 3000 Posted April 8, 2023 Share Posted April 8, 2023 8 minutes ago, Elsalvajeloco said: Boxing in Philly though is always going to be something and that's going back to like the Blue Horizon. I always wondered when pro wrestling would get to the pricing tier of MMA/boxing. I mean who wouldn't pay for though? It's slightly bigger and more dedicated fanbase. At this point, WWE could have broken records that never would have been touched by anyone in combat sports or entertainment. The people with real money (compulsive gamblers) don't see a point in betting on wrestling. Draft Kings or whoever targeting wrestling fans is just them trying to shake down the middle-class for their loose change. WWE makes its money in merchandise sales when touring live - get people in the door with cheap tickets, work them into buying mass-produced t-shirts at a 2000% markup Link to comment Share on other sites More sharing options...
Elsalvajeloco Posted April 8, 2023 Share Posted April 8, 2023 12 minutes ago, Dolphman 3000 said: The people with real money (compulsive gamblers) don't see a point in betting on wrestling. Draft Kings or whoever targeting wrestling fans is just them trying to shake down the middle-class for their loose change. WWE makes its money in merchandise sales when touring live - get people in the door with cheap tickets, work them into buying mass-produced t-shirts at a 2000% markup The thing is though UFC's in Miami tomorrow and not at like MGM Grand or Mandalay Bay. They're doing a lot of these impressive gates outside of casino oriented places (though South Florida and Broward/Dade County specifically has there fair share of casinos). At one point, UFC depended a lot on that (casino buys). Plus, the ceiling for a lot of their shows as $1-$3 million which would be the gate for an average event. That was for several years. Every now and then, they would crack it for a big PPV. Now? They're crushing those numbers in just about every city since the pandemic restrictions have been lifted. Alex Pereira vs. Israel Adesanya is a major fight for hardcores and some casuals, but to do a $11 million+ gate is utterly absurd. That's unheard of. As I mentioned in one of the AEW threads, Miami is a very hard place to sell tickets in. Link to comment Share on other sites More sharing options...
Shartnado Posted April 8, 2023 Share Posted April 8, 2023 On 4/6/2023 at 11:32 PM, stinger12 said: Technically. They have all been Future Endeavored. I think they will have to find a new phrase to attach to the end of their firing news now! 1 Link to comment Share on other sites More sharing options...
Curt McGirt Posted April 8, 2023 Share Posted April 8, 2023 Dead Kennedys: Soup Is Good Food - YouTube The irony of putting this on the exact same time as I clicked on this thread is not lost on me. Link to comment Share on other sites More sharing options...
supremebve Posted April 8, 2023 Share Posted April 8, 2023 13 hours ago, Elsalvajeloco said: The thing is though UFC's in Miami tomorrow and not at like MGM Grand or Mandalay Bay. They're doing a lot of these impressive gates outside of casino oriented places (though South Florida and Broward/Dade County specifically has there fair share of casinos). At one point, UFC depended a lot on that (casino buys). Plus, the ceiling for a lot of their shows as $1-$3 million which would be the gate for an average event. That was for several years. Every now and then, they would crack it for a big PPV. Now? They're crushing those numbers in just about every city since the pandemic restrictions have been lifted. Alex Pereira vs. Israel Adesanya is a major fight for hardcores and some casuals, but to do a $11 million+ gate is utterly absurd. That's unheard of. As I mentioned in one of the AEW threads, Miami is a very hard place to sell tickets in. The worst seat at a UFC show is generally around $300. I checked and there are plenty of seats still available, some upwards of $11,000. They are playing a vastly different game than WWE when it comes to gate revenue. One can not sell out a 20,000+ seat arena for $11 million and the other can sell out an 80,000+ seat stadium and not reach those numbers. I hope you guys enjoyed cheap tickets, because I don't see how Endeavor looks at those numbers and not raise prices. 2 Link to comment Share on other sites More sharing options...
AxB Posted April 8, 2023 Share Posted April 8, 2023 If they start ramping up ticket prices, they're going to have to start running smaller buildings, or papering to fill the empty seats. UFC has the advantage of only running 50 shows a year, and a bunch of those are (post-pandemic) studio shows from the Apex. WWE runs over 100 TV shows a year, and then PLEs on top of that. It's a far more saturated market. 5 Link to comment Share on other sites More sharing options...
Zakk_Sabbath Posted April 8, 2023 Share Posted April 8, 2023 (edited) I'm not privy to recent numbers, so this might be a silly question - but thinking ahead, I wonder what Endeavor's stance on house shows is (IF they're still 'loss leaders' - honestly unsure). Of course, even if that's the case, there's probably an argument to make that consistent touring helps long term on some level by selling the aforementioned 2000% markup merch, making new fans out of the casual 'the circus is in town' crowd, and saturating the marketplace (thus hurting AEW and Impact) - but again, all guessing/baseless speculation. Edit @AxB you caught me while I was typing re: market saturation - I think our heads are kinda at a similar place Edited April 8, 2023 by Zakk_Sabbath Link to comment Share on other sites More sharing options...
Elsalvajeloco Posted April 8, 2023 Share Posted April 8, 2023 17 minutes ago, AxB said: If they start ramping up ticket prices, they're going to have to start running smaller buildings, or papering to fill the empty seats. UFC has the advantage of only running 50 shows a year, and a bunch of those are (post-pandemic) studio shows from the Apex. WWE runs over 100 TV shows a year, and then PLEs on top of that. It's a far more saturated market. At the same time, the UFC doesn't have the advantage of recycling their top names. A good portion of the UFC roster is only fighting maybe once or twice in a calendar year. Using tonight's card, you got a main event that does feature a star and the co-main has a star (on the decline fwiw) who happens to be from the area (his opponent also leaves in the area), but there is nobody I would say that would warrant as someone that would be bigger or recognizable than the average WWE star. I think there is something to be said about the UFC's ability in promotion to get people invested to the point where they are willing to pay those (steep) prices. Link to comment Share on other sites More sharing options...
NoFistsJustFlips Posted April 9, 2023 Share Posted April 9, 2023 23 hours ago, Zakk_Sabbath said: I'm not privy to recent numbers, so this might be a silly question - but thinking ahead, I wonder what Endeavor's stance on house shows is (IF they're still 'loss leaders' - honestly unsure). Not quoting you to pick on you or this thought, but it's a good jumping off point for something I see getting question quite a bit. So I don't think Endeavor has any thoughts one way or another about any of WWE's business. Now they'll make some overhead calls. Some restructuring of the top of the flow chart stuff. But WWE is going to continue to be run by WWE. Endeavor's not going to have any say on house shows. Or who gets used how. They are the parent company. WWE is still WWE. And it's going to be ran by mostly the same people who have been running it for awhile now. Vince, Nick, & Triple H call the shots. Endeavor isn't going to step in and say no more house shows. No one that works for Endeavor has any idea how any of this business works. Just as UFC continued being ran essentially the same by Dana & crew, WWE is essentially going to be ran entirely the same. It's just a different set of stock market numbers now. Endeavor isn't going to really have a stance on anything. That's why they merged with WWE and didn't outright purchase them. WWE people are still there and still calling alllllllll the shots. WWE is incredibly profitable. The last thing Endeavor wants to do is tinker with shit and fuck up the formula. 2 Link to comment Share on other sites More sharing options...
dragonzombie Posted April 9, 2023 Share Posted April 9, 2023 WWE and UFC's old operating companies are merging into new one, however both the divisions and brands of WWE and UFC will remain separate. Endeavor will still exist and be above this new company. The topic of this thread is misleading. https://pbs.twimg.com/media/FsydppsakAA6GJg?format=png https://en.m.wikipedia.org/wiki/Acquisition_of_WWE_by_Endeavor 1 Link to comment Share on other sites More sharing options...
Dolphman 3000 Posted April 10, 2023 Share Posted April 10, 2023 1 hour ago, Red King said: WWE and UFC's old operating companies are merging into new one, however both the divisions and brands of WWE and UFC will remain separate. Endeavor will still exist and be above this new company. The topic of this thread is misleading. You bitch about this of all things, and still can't post a source besides fucking Wikipedia Unless you're going to go back and delete your thousands of uncited news posts that proved to be inaccurate, take a hike 1 Link to comment Share on other sites More sharing options...
Zakk_Sabbath Posted April 10, 2023 Share Posted April 10, 2023 (edited) 1 hour ago, NoFistsJustFlips said: Now they'll make some overhead calls. That's mostly what I was trying to articulate, but I did a bad job of it- basically, the thought was, would house shows as we know them be something that would jump off the page at them and go 'This makes no sense' depending on whether or not they currently make any money. I didn't mean to give the impression there would be meddling at that level, but more like they might float some nutty idea like 'see if we can run the Sunday matinee shows live on FS1' to squeeze a few more bucks out of it. But yeah as long as they're making money hand over fist I'd expect them to remain relatively autonomous (other than an example like im saying, where it's: can we get even *more*?) Edited April 10, 2023 by Zakk_Sabbath Link to comment Share on other sites More sharing options...
dragonzombie Posted April 10, 2023 Share Posted April 10, 2023 (edited) 6 hours ago, Dolphman 3000 said: You bitch about this of all things, and still can't post a source besides fucking Wikipedia Unless you're going to go back and delete your thousands of uncited news posts that proved to be inaccurate, take a hike I wasn't bitching and I post tons of links and sources (while you are always wrong.) As shitty as Wiki is, it has links to sources. The news also backs me up for other subjects. The graphs i posted before are from and for actual Endeavor investors. Moving on, Dana White mentioned what they're going to do. https://www.mmafighting.com/2023/4/6/23672578/dana-white-touts-benefits-of-ufc-wwe-merger-but-there-wont-really-be-any-type-of-crossover Edited April 10, 2023 by Red King Link to comment Share on other sites More sharing options...
GuerrillaMonsoon Posted April 10, 2023 Share Posted April 10, 2023 Last Week Tonight's take on this was fantastic. FYI 1 Link to comment Share on other sites More sharing options...
Dolphman 3000 Posted April 10, 2023 Share Posted April 10, 2023 20 minutes ago, GuerrillaMonsoon said: Last Week Tonight's take on this was fantastic. FYI Was John Oliver's advice as worthless as when he told WWE fans to buy tickets to WrestleMania and hold up pro-union signs to "protest" the company's poor working conditions? Daily Show/Last Week Tonight are just propaganda to dissuade direct action against the Capital class edit: yep, instead of actual commentary on the sale it's just "LOOK AT HIS DUMB MOUSTACHE" Link to comment Share on other sites More sharing options...
Elsalvajeloco Posted April 10, 2023 Share Posted April 10, 2023 2 minutes ago, Dolphman 3000 said: Was John Oliver's advice as worthless as when he told WWE fans to buy tickets to WrestleMania and hold up pro-union signs to "protest" the company's poor working conditions? Daily Show/Last Week Tonight are just propaganda to dissuade direct action against the Capital class edit: yep, instead of actual commentary on the sale it's just "LOOK AT HIS DUMB MOUSTACHE" Yes, you provided worthless post for worthless advice. Very Facebook feed worthy. Please keep your porous political opinions to yourself so this thread can stay remotely civilized and the admins don't jump in. 6 Link to comment Share on other sites More sharing options...
GuerrillaMonsoon Posted April 10, 2023 Share Posted April 10, 2023 (edited) *edit* Edited April 10, 2023 by GuerrillaMonsoon heeding previous post 1 Link to comment Share on other sites More sharing options...
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