Posted on 4/10/126 by Colin Vassallo
Brandon Thurston of POST Wrestling is reporting that WWE is
receiving around $4.2 million in tax credits from the Nevada
Governor’s Office of Economic Development to offset
production costs for hosting WrestleMania 42 in Las Vegas.
The tax credit covers the two-night WrestleMania as well as
all the other WWE-associated events during the week.
WWE estimated that the total production cost bill will be in
the range of $35 million, slightly above last year’s. A
final tax credit bill will be issued once WWE’s accounts are
independently verified.
The money comes from the who focus on bringing in film and
entertainment business to the state, and is figured out
based on total production costs which WWE put at $35
million.
WWE is also receiving a site fee for hosting the show in Las
Vegas again, however that sum has not been revealed yet.