There have been rumors in the past about Vince McMahon selling the WWE and it has never happened. But on the most recent edition of Wrestling Observer Radio, Dave Meltzer said that Mr. McMahon might be open to selling. Not that he is selling – but that he would be open to it. So, why now?
Well, according to Meltzer, McMahon definitely noticed when the UFC recently sold for $4 Billion to Beverly Hills talent agency WME-IMG and that is when his attitude towards selling changed.
Although there has been a lot written about sparse crowds at some live Raw and SmackDown tapings, the WWE as an organization has been doing quite well for itself lately. The WWE made more money than the UFC in 2015 and in 2016, the revenues for both companies was pretty even. Also, the WWE stock just hit a 17 year high (back from the huge price drop that happened back in 2014) and as of last year, the value for the company was around $1.5 billion (that is less than half of the UFC – based on the UFC sale price).
A WWE spokesperson issued the attached statement to me & @Deadspin in response to my inquiry about tonight's rumors of a soon to be announced XFL revival. They declined further comment. Whatever Vince McMahon's "Alpha Entertainment" is, it's self-funded & separate from WWE. pic.twitter.com/oT0Oxyi2fV
— David Bixenspan (@davidbix) December 16, 2017
It was also just recently announced that McMahon has established and is personally funding Alpha Entertainment. Alpha is completely separate from the WWE and was created to “explore investment opportunities across the sports and entertainment landscapes, including professional football.” (this announcement had many speculating on the possible return of the XFL).
While McMahon may finally be open to selling the company he turned into a multi-billion dollar worldwide sports entertainment brand, there are no offers on the table at this time (Rumors that had Disney buying the company have been denied).
At this point, McMahon is still the McMahon and if something were to ever happen to him we all assume the company would to Stephanie, or Shane, or maybe Triple H or possibly some combination of the three of them. But if the right people came in with the right bid, it sounds like McMahon might listen to what they have to say and consider an offer for the WWE.
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