WrestleMania 34 Made $175m For New Orleans
There's a reason why they call it The Grandest Stage Of Them All.
WWE and John Bel Edwards (the governor of Louisiana) have revealed that WrestleMania 34 generated $175m for New Orleans, according to Figure Four Online.
Ahead of the anticipated announcement of Minneapolis, Minnesota as host city for WrestleMania 36, WWE have been touting the economic benefits of 'The Show of Shows'.
A report conducted by the Enigma Research Corporation has concluded that the 34th iteration of the infamous pay-per-view produced $175 million in "direct, indirect and induced" economic impact for the greater New Orleans region derived from spending by those visiting for the event.
Furthermore, it also generated "approximately $23.7 million in federal, state, and local taxes."
Apparently 77% of those who attended WrestleMania 34 were from outside the region and stayed for an average of just under four nights, $22 million was spent on hotels and accommodation, whilst $9 million was spent by visitors at restaurants in the area.
WrestleMania has proved to be incredibly lucrative for it's hosts over previous years, with an economic impact of over $181 million for Orlando, Florida for WrestleMania 33, and $142m for New Orleans for WrestleMania 30.