The championships have been at Boardwalk Hall since 2002. The NJSIAA's three-year contract with the facility expired in March.
Boardwalk Hall general manager Greg Tesone called the championships "a great event" and expressed hope that a new contract with the NJSIAA could be worked out.
Timko said the NJSIAA lost $18,000 on wrestling this year. The organization made around $130,000 on the three-day championships at Boardwalk Hall but lost around $148,000 on district and regional competition.
Timko said the organization needs to make a significant profit on the championships to cover the districts and regionals and also to help fund other sports as well as its day-to-day operation.
Timko said the NJSIAA pays Boardwalk Hall $80,000 in rent and also has to provide for security, which costs around $7,000.
The state Department of Education allowed the NJSIAA to charge $10 for adults and $2 for students and seniors for tickets. Boardwalk Hall takes a $1 facilities fee for every ticket.
New Jersey state assemblyman John Burzichelli (D., Gloucester/Salem) said the event will remain in Atlantic City.
"I'm offended they would even think about moving it," Burzichelli said. "That event isn't going anywhere."
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