The WrestleMania 41 not only took over Las Vegas, but it has also become a big one behind the scenes.
According to documents from the Nevada Governor’s Economic Development Office and the Nevada Film Bureau, WWE received $4.2 million in film tax credit To cover the large costs associated with the 5 night WrestleMania Week Extravaganza.
In addition, WWE has already been $5 million Site Price Sponsorship From the Las Vegas Convention and Visitors Authority, Nevada’s full financial aid has been made one of the biggest financial aids ever at the WWE event.
Here’s what a financial collapse looks like:
Estimated Total Budget: $33.7 million
Labor costs:
- $2.4 million for Nevada stage hand
- $2.7 million for non-resident “below line” crew (10,800 hours)
- $17 million (approximately 300 top build names) for non-resident “online” talent
- $260,000 for Nevada security workers
- An estimated 450 Nevadans are employed 22,100 hours (average wage: $121.71/hour)
Nevada-based non-Labor spending: $5.3 million
- $3 million for other expenses
- $855,000 for a freelancer hotel
- Hotel Cost $369,000 for Talent
- $323,921 for rental equipment
- $106,000 for catering
- $40,137 for props, stunts and gags
Additional charge:
- $8.6 million in non-Nevada-related spending
- Estimated $62,000 for construction of rental and related costs (accurate numerical edited)
WrestleMania 41 was considered a great success by WWE officials. And now, with Nevada holding the legislative mass on its feet, WWE may look to return to Las Vegas in the coming years.