The New Jersey Sports & Exposition Authority has announced that they will be using $7 million of federal pandemic relief funds to help secure the WWE SummerSlam event in 2025. This decision has sparked controversy and debate among residents and officials.
The authority defended their decision by stating that hosting large events like SummerSlam will help boost the local economy and bring in much-needed revenue for the state. They also pointed out that the funds being used are specifically designated for pandemic relief and economic recovery efforts.
However, critics argue that using taxpayer money to bring in a wrestling event is not a responsible use of funds, especially when there are other pressing needs in the community. They claim that there are better ways to stimulate the economy and support small businesses that have been hit hard by the pandemic.
The WWE SummerSlam event is projected to bring in millions of dollars in revenue for the state, including ticket sales, merchandise, and tourism spending. It is expected to attract thousands of wrestling fans from around the world and generate positive publicity for New Jersey.
Overall, the decision to use pandemic relief funds for the WWE SummerSlam event has sparked a heated debate in the community. While some see it as a necessary step to boost the economy, others believe that the money could be better spent elsewhere. The New Jersey Sports & Exposition Authority remains firm in their decision, emphasizing the long-term benefits of hosting such a high-profile event.
Source
Photo credit news.google.com