AEW Double or Nothing 2025 (2025)

Interesting facts

The 2025 Double or Nothing was a professional wrestling pay-per-view (PPV) event produced by All Elite Wrestling (AEW). It was the seventh annual Double or Nothing event and took place on May 25, 2025, at the Desert Diamond Arena in Glendale, Arizona, during Memorial Day weekend. With the exception of the 2020 and 2021 events, which were held at Daily's Place in Jacksonville, Florida due to the COVID-19 pandemic, this was the first Double or Nothing held outside of the Las Vegas Strip in Paradise, Nevada. Additionally, it was AEW's first PPV in Arizona and the second Double or Nothing to feature the finals of the men's and women's Owen Hart Foundation Tournament.

Production

Double or Nothing is considered one of All Elite Wrestling's (AEW) marquee events, having first been held in 2019, which was the promotion's first professional wrestling event and first pay-per-view (PPV) event produced. It is held annually in May during Memorial Day weekend and is one of AEW's "Big Five" PPVs, which includes All In, All Out, Full Gear, and Revolution, the promotions five biggest annual shows.

On February 19, 2025, AEW announced that the seventh annual Double or Nothing would be held on May 25, 2025, at the Desert Diamond Arena in Glendale, Arizona, marking the first Double or Nothing to be held outside of the Las Vegas area since the event's inception in 2019 (excluding the two COVID era events), as well as the first AEW PPV event to take place in the U.S. state of Arizona.

As with the 2023 event, Double or Nothing went head-to-head with Battleground, a livestreaming event produced by WWE for its developmental brand, NXT. According to WWE executive Shawn Michaels back in 2023, the scheduling was not intended for WWE to go head-to-head with AEW, but that it was just due to the holiday (Memorial Day weekend) as he said WWE events had always done well on holidays.

Double or Nothing featured professional wrestling matches that involved different wrestlers from pre-existing feuds and storylines. Storylines were produced on AEW's weekly television programs, Dynamite and Collision.

On April 2, 2025, the competitors for the Owen Hart Cup were revealed for both the men's and the women's tournaments, with the finals of each scheduled for Double or Nothing. In the men's semi-finals, Will Ospreay defeated Konosuke Takeshita at Dynamite: Spring BreakThru on April 16, while "Hangman" Adam Page defeated Kyle Fletcher on the April 30 episode of Dynamite to advance, setting up the men's final between Ospreay and Page.

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