WWE Chairman and CEO Vince McMahon spoke at a news conference announcing the WWE Network at the 2014 International CES in Las Vegas.
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All Elite Wrestling, a professional wrestling league owned by the Khan family, is interested in joining World Wrestling Entertainmentaccording to people familiar with the matter.
The Khans, who also own the National Football League’s Jacksonville Jaguars and the Premier League’s Fulham FC, could work with a strategic media company to share intellectual property when joining the wrestling league, said the people, who asked not to be named because of the discussions. it’s personal. AEW has a TV rights agreement with The invention of Warner BrosTNT and TBS.
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The idea that Vince McMahon, the controlling shareholder of WWE, would merge the company with the smaller AEW. AEW has not yet spoken to McMahon or Nick Khan, the company’s chief executive, the people said. McMahon could see selling to the Khans as a non-starter.
The Khans are open to discussing a potential role for the 77-year-old McMahon after the sale but have yet to meet with those talks, one of the people said. It’s unclear what type of job McMahon wants with WWE after the sale, but WWE is a bigger and more established organization than AEW. McMahon, who was worth more than $3 billion in July, is also known as the main creative force behind WWE’s storylines.
Sports tycoon Shahid Khan, 72, is ranked 292 in the Bloomberg Billionaires Index with a net worth of $7.56 billion. They also own auto parts manufacturer Flex-N-Gate.
Shahid Khan, the new owner of the Jacksonville Jaguars.
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WWE’s sales process
