Vince McMahon set for $2.6 BILLION payday if WWE is sold

Vince McMahon stands to make an incredible $2.5billion in the event of a WWE sale according to a new report. 

McMahon returned WWE in January, but having seemingly retired in July last year his reemergence to the company is said to help facilitate a sale of an asset he and his family have owned for over forty years. 

Several big-name media conglomerates are interested in purchasing WWE, including Netflix, Disney, ESPN and the Saudi Arabia Public Investment fund. However, Comcast are still thought to be leading the bidding. 

Once any sale is complete, the McMahon family and long-term employees of the company are set for a big payday, judging by the figures being reported by the Wrestling Observer Newsletter. 

With WWE estimated to be sold for around $8billion, Vince McMahon could stand to make a healthy return of roughly $2.5billion if the company is sold. While his wife, who has served on various role within WWE both on and off screen over the years could pocket $50.million. 

Vince McMahon could pocket $2.5billion if WWE is sold, with wife Linda netting $50 billion 

McMahon’s daughter Stephanie and husband Paul ‘Triple H’ Levesque are set for big paydays 

Keeping it the family, Vince and Linda’s daughter Stephanie McMahon, will also be on the receiving end of a big outlay from the sale. 

Up until last month, McMahon was chairwomen and Co-CEO of WWE, but resigned from the post in January following her father’s return. Despite her departure, she will still see £170.8million coming her way. 

While her husband, Paul ‘Triple H’ Levesque, who is currently Chief Content Officer and Head of creative will bring a further $8.3m into the household. 

Then there’s those figures outside of the McMahon’s who will also benefit financially from the sale. With current CEO Nick Khan earning £13.8m, while long-term aid to Vince McMahon Kevin Dunne would receive $24.2m and current President and CFO Frank Riddick a further $10.9m. 

There is still no official confirmation on the sale of WWE, however, earlier this month Khan did hint that any purchase wouldn’t take long – seemingly acknowledging that wrestling’s most famous name is on the market. 

See also  Iran vs USA - World Cup 2022: Live score, team news and updates

Several media companies are said to be interested in purchasing the famous wrestling name 

WWE are set to air SmackDown live from London’s O2 the night before Money in the Bank 

Khan stated that any sale could be sorted in ‘just three months’ but also suggested to any incoming owners that the relationship with WWE’s current TV deals in the US should continue. 

Yesterday, WWE proved how much global pulling power the company has, by announcing that London’s O2 will for the first time host a SmackDown event that will air live around the world. 

Previously WWE have taped any Raw and SmackDown shows that have taken place in the UK and aired them in their normal slot on US TV. However, the June 30th show, will air live as the pre-cursor to the following night’s Money in the Bank Premium Live Event at the same venue.