With the WWE releasing talent seemingly right and left, including higher priced talent for reported budget reasons, it’s led many to think the WWE is preparing to sell.
We’ve discussed this before as it’s the standard procedure for a company to ready to sell by making itself look appealing by increasing its profit margins.
For some, it means they cut extra costs like unnecessary travel and other expenses as well as those with the company that aren’t producing per their pay scale.
But then fan favorites like Bray Wyatt and Braun Strowman were released and the backlash was immediate and Nick Kahn took the brunt of the criticism.
Nick Kahn explains
He sat down with Ariel Helwani of BT Sport and addressed this and other questions.
One of them was about whether or not the WWE was for sale, and he said no. Special thanks to essentiallysports.com for the transcript.
“When I say, ‘We’re open for business’ that means if someone credible calls on anything. NFT, trading cards, internal rates. We take the call, we’re inherently salespeople, meaning we’re not like ‘No, we don’t wanna talk to this company’. If you call and if you wanna pitch us something and you’re credible, we’re going to hear the pitch. We’re an entrepreneurial company that Vince [McMahon] and others built over the last 35 years.
“We’re not trying to sell it. That’s not our intent. There are no internal meetings about selling this company. The internal meetings are about growing it, and the ability that we think we collectively have to tremendously grow what the value of the company is now.”
Perfect answers you’d expect from a professional businessman. They may be 100% true and the WWE isn’t for sale.
But if they want to grow the value of the company releasing fan favorites and putting out questionable to bad storylines for years that chase away fans doesn’t seem like the way to go to do that.
Every man has a price
As Jim Cornette pointed out in a podcast a few months back, he thinks if Vince McMahon can sell for as little as a dollar over what the UFC sold for and take the high spot he will.
Because of that, their recent actions, and how it seems Vince McMahon changes his mind on a whim I’m not discounting the WWE could be sold.
In fact, the public denial makes it feel a little more like a possibility to me.
There have been plenty of occurrences where people have said one thing about this or that and it happened, including buying or selling large properties.
Time will tell one way or another, but if the right phone call came in will McMahon turn it down? That’s a swerve that could hit the fans really hard.
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