Does Tony Khan finance AEW?

[Nr1Humanoid]

It is probably ignorant of me, but I have always wondered if Tony Khan finances AEW with his own money or his father's. If it is the latter just how indulgent is his old man known to be?

They could have investors I suppose.

[06vwgti]

He gave me the money because he said I’d inherit it anyway, so I might as well ‘blow it now.' One of the reasons AEW is really popular is that it’s a great blend of stars who have gotten experience from wrestling in other places, and stars who have grown organically. It has to be a good blend of young stars and established stars."

[dbrussel]

That's pocket money for Papa Khan

[Zone Was Wrong]

Oct 27, 2022 17:19:53 GMT -5 06vwgti said:

He gave me the money because he said I’d inherit it anyway, so I might as well ‘blow it now.' One of the reasons AEW is really popular is that it’s a great blend of stars who have gotten experience from wrestling in other places, and stars who have grown organically. It has to be a good blend of young stars and established stars."

Honestly kinda chuckled at that. Love how his dad's like "eh, whatever. You'll get the money anyways. Here ya go, go create a wrestling promotion and get it on cable tv."

[Citizen Snips Has Left]

Tony has never had his own money.

[This Player Hating Mothman]

Shahid Khan gave the initial money for Tony to start it up, and obviously businesses are expensive to run and shit, but I think the last financial talk was that they would be in the green if not for video game development, and obviously that's going to hinge on if Fight Forever can move some stuff and make that money worthwhile. And it's definitely helped that, say, during the first year of the pandemic they were able to run Daily's Place at what was probably a cozy deal. But if they can secure a good renewal deal and the game doesn't bomb, I think they should be pretty healthily turning a profit if they don't go investing in anything else insane.

[Deleted]

There are also the rumors that WarnerMedia owning a stake in AEW. Which if true from the start helped AEW a lot as well.

[mrbananagrabber]

I do think some matches need to be hyped more (Wardlow vs Brian Cage could have had a couple of weeks build) but I remember when Bret was champ and had weekly matches as a “defending champion” against a string of guys and I enjoyed the variety. It’s a wrestling show. Have stories and angles but, ya know, wrestling is good.

[Xxcjb01xX [PIECE OF: SH-]]

Oct 27, 2022 18:38:54 GMT -5 Citizen Snips Has Left said:

Tony has never had his own money.

I don't think that's entirely accurate. His dad gave him money to start things up, but has relatively been on his own since to make the deals and keep the place running and collecting profit, on top of the potential big money deals coming up

He has a pretty safe net to fall into, but he's not a dummy, he's used what he's been given and turned AEW into a success to this point. Can't take that away from him.

[Non Banjoble Tokens]

Tony gets all his money because he's hired a network of black ops soldiers to travel around the globe stealing every pot of gold from all the leprechauns at the end of rainbows.

[Mozenrath]

Oct 27, 2022 18:38:54 GMT -5 Citizen Snips Has Left said:

Tony has never had his own money.

I don't know that this is strictly true, but yeah, his dad's the majority owner, I believe.

I forget, but is this also the case with ROH, or did Tony buy that himself? I do recall it's not considered part of AEW financially, it's separate.

[kingoftheindies]

Oct 28, 2022 2:18:52 GMT -5 Mozenrath said:

Oct 27, 2022 18:38:54 GMT -5 Citizen Snips Has Left said:

Tony has never had his own money.

I don't know that this is strictly true, but yeah, his dad's the majority owner, I believe.

I forget, but is this also the case with ROH, or did Tony buy that himself? I do recall it's not considered part of AEW financially, it's separate.

He bought it. He's made sure to indicate that the money did not come from AEW.

As for Tony's finances? He himself owns TruMedia which is a big Sports Analytics company used by a lot of top teams in different leagues. But yes a majority of his wealth comes from his dad though Tony has full autonomy over AEW (especially since it's doing better financially than Tony originally projected)

[moxfan1]

Oct 27, 2022 18:38:54 GMT -5 Citizen Snips Has Left said:

Tony has never had his own money.

You make it sound like daddy just gives him allowance every week. Tony Khan works his butt off as Fullham GM, front office job with the Jags. If Shad didn't pay Tony to do those jobs he would be paying someone else. So he makes Tony earn every cent. Not to mention Tony owns his own analytics company that's worth millions. So I take it you were joking or trolling.

[bob]

of course, how else can he afford to get his cocaine (I love how that became FAN lore like Mox living in a dumpster)

[Kay Faban]

Oct 27, 2022 20:31:45 GMT -5 Xxcjb01xX [PIECE OF: SH-] said:

Oct 27, 2022 18:38:54 GMT -5 Citizen Snips Has Left said:

Tony has never had his own money.

I don't think that's entirely accurate. His dad gave him money to start things up, but has relatively been on his own since to make the deals and keep the place running and collecting profit, on top of the potential big money deals coming up

He has a pretty safe net to fall into, but he's not a dummy, he's used what he's been given and turned AEW into a success to this point. Can't take that away from him.

On his own? His other two ventures are working for his dads teams.

[Cyno]

There's always going to be a blurry line between a billionaire's money and their descendants'. Even when they start making their own money, it's mostly because of the opportunities afforded to them by inherited wealth. Like dudes like Jeff Bezos and Elon Musk have this rags-to-riches myth around them when Bezos' parents were really well off and Musk's dad owned a f***ing emerald mine in apartheid South Africa.

TruMedia and Activist Artists are mostly his own thing, though without any official involvement from his father. As is Ring of Honor on that note.

[Natural Born Farmer]

Oct 28, 2022 20:38:06 GMT -5 moxfan1 said:

Oct 27, 2022 18:38:54 GMT -5 Citizen Snips Has Left said:

Tony has never had his own money.

You make it sound like daddy just gives him allowance every week. Tony Khan works his butt off as Fullham GM, front office job with the Jags. If Shad didn't pay Tony to do those jobs he would be paying someone else. So he makes Tony earn every cent. Not to mention Tony owns his own analytics company that's worth millions. So I take it you were joking or trolling.

He's really, really bad as the GM of the Jags, and if his dad weren't the owner he would've lost the gig a long time ago.

[This Player Hating Mothman]

Oct 29, 2022 13:55:02 GMT -5 Cyno said:

There's always going to be a blurry line between a billionaire's money and their descendants'. Even when they start making their own money, it's mostly because of the opportunities afforded to them by inherited wealth. Like dudes like Jeff Bezos and Elon Musk have this rags-to-riches myth around them when Bezos' parents were really well off and Musk's dad owned a f***ing emerald mine in apartheid South Africa.

TruMedia and Activist Artists are mostly his own thing, though without any official involvement from his father. As is Ring of Honor on that note.

Yeah no there's absolutely interesting discussions to be had here about the nature of generational wealth and the advantages that 'self-made successes' have had with wealthy parents, but it becomes a question of if that's the conversation people want to have.

[Bang Bang Bart]

Oct 29, 2022 14:00:48 GMT -5 Natural Born Farmer said:

Oct 28, 2022 20:38:06 GMT -5 moxfan1 said:

You make it sound like daddy just gives him allowance every week. Tony Khan works his butt off as Fullham GM, front office job with the Jags. If Shad didn't pay Tony to do those jobs he would be paying someone else. So he makes Tony earn every cent. Not to mention Tony owns his own analytics company that's worth millions. So I take it you were joking or trolling.

He's really, really bad as the GM of the Jags, and if his dad weren't the owner he would've lost the gig a long time ago.

From my understanding, Fulham fans have a love/hate relationship with Tony, and it largely depends on the team’s performance, and since FFC isn’t really one of the “top” teams in the English Premier League, it’s the latter.

[bob]

Oct 29, 2022 14:00:48 GMT -5 Natural Born Farmer said:

Oct 28, 2022 20:38:06 GMT -5 moxfan1 said:

You make it sound like daddy just gives him allowance every week. Tony Khan works his butt off as Fullham GM, front office job with the Jags. If Shad didn't pay Tony to do those jobs he would be paying someone else. So he makes Tony earn every cent. Not to mention Tony owns his own analytics company that's worth millions. So I take it you were joking or trolling.

He's really, really bad as the GM of the Jags, and if his dad weren't the owner he would've lost the gig a long time ago.

The General Manager of the Jaguars is Trent Baalke.

The Chief football strategy officer of the Jaguars Tony Khan