- For what it is worth, people moving within investment circles believe that World Wrestling Entertainment is potentially for sale or at least a major ownership stake. The consensus comes following Vince McMahon’s recent comments to Forbes where he didn’t deny that WWE might be sold one day:
“I would like to see a degree of that. I just think as times go on, things will evaporate. Eventually Uncle Sam sees the benefit. You can’t do anything without Uncle Sam taking a huge bite of it.”
The belief is that if this were to happen, McMahon would structure a deal whereby he would remain in charge to monetize the ownership value for the McMahon family before he passes away. Experts also believe this would be the case and that nobody could replace him as the head of the company, unless he wasn’t fit to continue.
Madison Square Garden and Liberty are two potential media partners who have been mentioned as good fits for WWE at this point.
Credit – Wrestling Observer Newsletter
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