One of the biggest pieces of news is the return of Mr. McMahon to WWE in 2023. The reason behind his return back is to clear the way for the company’s sale. Mr. announced his retirement in 2022 July because of the allegation of a felony. But with a great surprise eh join again WWE and Stephanie McMahon also refined from the post of co-CEO.
Vince again join the company as executive chairman, and now he surprises everyone by announcing his WWE empire’s expected amount as $ 9 billion. Although it is much more than its real value which is $ 6.5 billion. But offers start coming.
In January 2023, rumors revels around that Vince wanted to sell his empire soon. But nobody believes that even he does not confirm this. But now seems that all the news was not rumors.
UFC was purchased by Endeavor in 2016 from the Fertittas for 4 billion . The 9 billion estimate will depend on the restructuring of its TV deals with fox and USA network . Also rumours of the aquiring company taking the premium live events back to PPV
— mckartt. (@mckartt) February 17, 2023
If you are curious to know more further news about WWE read below:
- #WWEWomenDeserveBetter: Fans want RAW to Treat Female Wrestlers Superior
- WWE Confirms Former Chief Executive Vince McMahon’s Return as Board of Director
If WWE announced the sale of $ 8 billion then what amount they can collect from the sale? Main chief executive Vince gets $ 2.5 billion and then others like Stephanie McMahon get $ 170.8 billion, next Linda McMahon’s allotment is $ 50.3m. Kevin Dunn gets a profit of $ 24.2m, and the next participant Nick Khan gets $ 13.8 million, Frank Reddick gets $ 10.9 million, and Paul Levesque $8.3m.
Front Office Sports also cover this news in its tweet:
Vince McMahon is seeking $9 billion for WWE — and is already receiving offers.
Reportedly interested, per @business:
▪️ Endeavor Group
▪️ Saudi Arabia’s PIF pic.twitter.com/c1AvnmoQMU
— Front Office Sports (@FOS) February 17, 2023
Hence Nick Khan current CEO of WWE also said that Vince McMahon’s regime from his position. Al the information we know we describe here about the McMahon new announcement. To know more about the upcoming news bookmark our site venturejolt.com.