McMahon delivered a prolonged assertion on his plan to return to his former firm as govt chairman, which included a possible sale of WWE.
Upon claiming the title of govt chairman, McMahon would interact in “needed actions to place the Firm to capitalize on a singular alternative to maximise long-term worth for all WWE shareholders.”
The official assertion detailed McMahon’s return that may “allow unified resolution making via the corporate’s upcoming media rights negotiations” and a “parallel full assessment of the corporate’s strategic options.”
A number of WWE packages — Monday Night time Uncooked, NXT, and Friday Night time SmackDown — are below five-year offers that expire in 2024. Peacock additionally retains streaming rights via 2026. With McMahon’s announcement, the potential sale and offloading of WWE rights have been placed on the desk.