One big thing
New Jersey is investing $7.125 million in federal funds to host WWE’s first-ever two-night SummerSlam at MetLife Stadium in 2025.
Why it matters
This significant investment underscores the economic impact of major wrestling events on local economies and highlights the growing trend of multi-day premium live events in professional wrestling.
By the numbers
• Event dates: August 2 and 3, 2025
• Allocated funds: $7.125 million
• Expected economic impact: Over $80 million for the region
The details
• The New Jersey Sports and Exposition Authority (NJSEA) approved the fund allocation.
• Money comes from American Rescue Plan funding received during the COVID-19 pandemic.
• Funds can be used to aid impacted industries like tourism, travel, and hospitality.
• NJSEA is finalizing the funding application with the state Department of Community Affairs.
What they’re saying
NJSEA spokesperson Brian Aberback stated:
“The agency is in the process of finalizing its funding application to the state Department of Community Affairs, which handles such grants, and expects that the funds will be disbursed following the execution of a memorandum of understanding with the NJDCA regarding the use of the funds.”
The big picture
This investment reflects a growing trend of cities and states recognizing the economic potential of hosting major wrestling events. It also signals WWE’s commitment to expanding its premium live events into multi-day spectacles, following the success of WrestleMania’s two-night format.
What’s next
As preparations for SummerSlam 2025 continue, fans and industry observers will be watching to see how this increased investment translates into the event’s production value and overall impact on the New Jersey area.
What do you think about New Jersey’s significant investment in hosting SummerSlam 2025? Do you believe it will pay off for the region? Leave your thoughts in the comments below!
