WWE’s WrestleMania,
the Super Bowl for the sports entertainment company, arrives this weekend to a
massive audience and vastly larger sponsorship revenue as it seeks to establish
itself as a serious contender for major dollars from such partnerships.
Craig Stimmel, WWE’s senior vice president and head of
global sales and partnerships, told The Associated Press in an interview that
sponsorship revenue for this year’s event has doubled to more than $20 million,
a record for any WWE event.
Those numbers are critical in light of the return in January of
Vince McMahon, the founder and majority shareholder of WWE, who said the
sports entertainment company could be up for sale...More?
source: apnews.com
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