Shahid Khan Admits He Thought AEW Was A Bad Idea

The father of AEW‘s Tony Khan recently admitted that he thought his son starting a wrestling company was a bad idea. Tony and Shahid Khan were both interviewed recently by Forbes and spoke about how the decision to start AEW came about.

“I absolutely didn’t think this was a good idea,” Shad Khan said. “But I told Tony, ‘Look, when I’m dead and gone, I’m going to be leaving you and your sister a lot of money. Why don’t you blow some of that while I’m alive?’”

The elder Khan would be pleasantly surprised with the success of AEW, however. The father and son’s history with wrestling actually goes back to 1996. Tony was 13 at the time. His father wanted to incentivize him to go to the University of Illinois Laboratory High School. After Khan took the entrance exam for the school, Khan agreed to take Tony to an ECW show in Philadelphia. Tony spoke about his father’s reaction to seeing a live ECW show.

“My dad couldn’t believe what he was seeing,” Tony Khan said about the experience. “He was like, ‘This is a mix between an underground rock show and a cult.’”

Last year, Tony Khan’s AEW received $43.75 million in rights fees from Turner. Brett Weitz, general manager of TNT, TBS and truTV, spoke to Forbes about their investment in Khan’s company.

“It was very clear we put ourselves in the right hands,” said Weitz. “For someone to have the audacity to say, ‘I’m going to go take on the biggest wrestling league in the world and see if I can be a challenger brand,’ it takes chutzpah. And he nailed it.”