The WWE released the following press release earlier today touting the financial success of WrestleMania 31. This also happens to be the same week that WrestleMania 32 tickets go on sale:
WrestleMania generates $139 million for Santa Clara/San Jose region
STAMFORD, Conn. – WWE, Santa Clara Mayor Jamie Matthews and San Jose Mayor Sam Liccardo announced today that WrestleMania 31 generated $139 million in economic impact for the Santa Clara/San Jose region this past March, according to a study conducted by the Enigma Research Corporation. This marks the second largest economic impact in WrestleMania history, and the fourth consecutive year that WrestleMania generated more than $100 million in economic impact for its host region.
Over the past nine years, WrestleMania has generated more than $700 million in cumulative economic impact for the cities that have hosted the event. WrestleMania 31 also generated approximately $23.2 million in federal, state and local taxes.
“On behalf of the beautiful city of Santa Clara, I sincerely thank all WWE fans that visited Levi’s Stadium for WrestleMania 31,” said Santa Clara Mayor Jamie Matthews. “The event exceeded our expectations, and we would absolutely welcome the opportunity to once again host WWE’s marquee event.”
“WrestleMania 31 gave passionate fans that came from near and far an experience they’ll never forget,” said San Jose Mayor Sam Liccardo. “I thank WWE for choosing to host their longest-running flagship event in Silicon Valley, for its contributions to our community, and for driving economic benefit in our region.”
“We are proud that WrestleMania continues to deliver an incredible economic benefit for its host region,” said John P. Saboor, WWE Executive Vice President, Special Events. “Our WrestleMania Week success in the Bay Area would not have been possible without the support of Mayor Matthews, Mayor Liccardo, the San Francisco 49ers and countless other public- and private-sector partners that embraced WWE’s worldwide fan base. We are excited with the planning that is already underway with our new partners in the Dallas/Arlington area for WrestleMania 32.”
A capacity crowd of 76,976 fans from all 50 states and 53 countries attended WWE’s pop-culture extravaganza this past March, making it the highest-grossing event in WWE history. Key highlights from the study include:
$139 million in direct, indirect and induced impact derived from spending by visitors to the Santa Clara/San Jose region for WrestleMania 31.
78 percent of fans that attended WrestleMania were from outside the greater Santa Clara/San Jose region and stayed an average of 3.3 nights.
$22 million was spent on hotels and accommodations within the Santa Clara/San Jose region.
The economic impact derived from WrestleMania Week was equal to the creation of 1,218 full-time jobs for the area.
$6.2 million was spent by visitors to the Santa Clara/San Jose region at area restaurants.
Next year, WrestleMania 32 will take place Sunday, April 3, at AT&T Stadium in Dallas. Tickets go on sale this Friday, Nov. 6, at 10 AM ET/9 AM CT. The event will be broadcast live on WWE Network in more than 175 countries.
