Indian wrestlers win big in wrestling tournament
- by admin
Indians are taking over the world’s most prestigious wrestling tournament, the World Wrestling Federation, and have won the top prize, the title of World Champion, according to an analysis of matches and statistics by the New York Times.
Indian wrestlers have won a record $9.5 million ($8.4 million for the three-day event) for winning the World Championship, a figure more than double that of the average World Wrestling Entertainment pay-per-view audience of about 5 million.
The record-breaking payout for the championship is the highest in a single-day wrestling tournament since 1996 when a record 6.8 million people watched the main event between the United States and Japan.
The tournament has been held every year since 1985, with the winning wrestlers earning a total of $1 million ($1.1 million for a three-match match), the Times reported.
The winning wrestlers were chosen by the World Federation’s chairman, who is based in California, and the winner is named by the federation’s top-ranking wrestler, who oversees the tournament.
The top four wrestlers in each country are then paired against each other for the final World Championship match.
In the United Kingdom, which holds the title, the champion is named in the United Nations and then crowned by the IOC, the organization that oversees the Olympic Games.
The winner of the tournament, in which the champion wrestles with a pinfall and a half-time fall, gets a $10 million prize and the title.
In Mexico, it is the winner who gets the $5 million prize.
In Japan, which is in the lead in the World wrestling tournament for a record seven years in a row, the winner receives a $1.2 million ($900,000 for a four-match tournament) and the world championship, which in this case would be a $5.3 million ($4.7 million for three matches) win.
The United States, which has won seven championships, is the only country to win the championship every year.
India, which did not win the World Championships last year, is now the second-highest-ranked nation in the tournament after the United Arab Emirates, according a World Wrestling Observer website that tracks the tournament’s earnings.
The World Wrestling Network, which broadcasts the tournament live, has said that its main sponsor, Coca-Cola, will pay $5 for each subscriber in India, the Times said.
The pay-TV industry, which makes money from the televised event, has been pushing to boost revenue.
Indians are taking over the world’s most prestigious wrestling tournament, the World Wrestling Federation, and have won the top prize,…
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