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July 11, 2022 Observer Newsletter: Money in the Bank recap, WWE & AEW business notes

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Liv Morgan won the women’s Money in the Bank match and then cashed it in to take the Smackdown women’s title from Ronda Rousey in the highlight of the 7/2 PPV from the MGM Grand Garden Arena in Las Vegas.

Theory, as a late storyline addition, won the men’s briefcase and has vowed to cash it in at SummerSlam on 7/30 at Nissan Stadium in Nashville. Even though he was added late, this was not a late change as the plan was always for Theory to win this match as a surprise.

Earlier in the show, Theory had lost the U.S. title to Bobby Lashley in the only other title change on the show.

Inadvertently, WWE may have found a better home base in the Las Vegas market. WWE always likes to run in the main sports arena in the market, which in Las Vegas would be the T-Mobile Arena. But UFC had it booked and WWE booked Allegiant Stadium, after a successful SummerSlam show that drew more than 40,000 paid there last year.

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