WWE’s WrestleMania 35 Generates $165 Million For New York / New Jersey Region
WWE has issued a new press release revealing WrestleMania 35 had a big economic impact on the New York / New Jersey region as the event generated $165.4 million in April.
According to a new press release, this figure marks a more than 60 percent increase from the $101.2 million generated in the region when WrestleMania 29 was at MetLife Stadium. WrestleMania 35 also generated approximately $27.1 million in federal, state and local taxes.
This year also marked the eighth consecutive year that WrestleMania generated more than $100 million in economic impact for its host region, and WWE’s premiere event has also generated more than $1.3 billion in cumulative economic impact for the respective host cities over the past 13 years.
“New Jersey is proud to have hosted WrestleMania 35 in April, the fourth time our state has been host to this great event,” said New Jersey Governor Phil Murphy. “This data underscores what we already knew — bringing large-scale events that draw fans from all over the world brings significant economic benefits to our state and the region. I thank WWE for choosing New Jersey and hope to continue this partnership in the future.”
“We are thrilled that WrestleMania’s return to our ‘front yard’ generated a significant economic increase for our partners in New York and New Jersey,” said John P. Saboor, WWE Executive Vice President of Special Events. “This success would not have been possible without the tireless support of Governor Murphy, Barclays Center, NYC & Company, Meadowlands Chamber, New York Jets, New York Giants and the rest of our public and private sector partners throughout the region. We now turn our attention to next year for what will be a historic WrestleMania debut in Tampa Bay.”
Other key highlights include:
– $165.4 million in direct, indirect and induced impact derived from spending by visitors to the New York/New Jersey region for WrestleMania 35.
– 52% of fans that attended WrestleMania were from outside the New York and New Jersey region and stayed an average of 4.6 nights.
– $23.9 million was spent on hotels and accommodations within the New York/New Jersey region.
– The economic impact derived from WrestleMania Week was equal to the creation of 1,534 full-time jobs for the area.
– $6.6 million was spent by visitors to the region at area restaurants.
Next year, WrestleMania 36 will take place Sunday, April 5 live from Raymond James Stadium in Tampa Bay.