WWE’s back-to-back years with massive budget cuts have drawn widespread criticism from fans and wrestlers alike. Many believe Vince McMahon is looking to sell his multi-billion dollar conglomerate.
According to WWE President and Chief Revenue Officer Nick Khan, while speaking to Sports Business Journal, the top management isn’t interested in selling the company at the moment though it has received calls from interested parties about a potential sale.
“Khan said the company has taken some inbound calls from companies looking to buy. But he stressed that WWE is not in active conversations trying to sell the company and is not actively looking to sell.”
The WWE president also talked about WWE’s deals with Peacock and Netflix for streaming rights and a documentary on the life of McMahon, respectively.
Khan has made sweeping changes to the company’s business model ever since joining it in August of 2020. He is also credited for adding Day 1 to the company’s annual calendar when it comes to PPV events.
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