The Rock has been one of the greatest stars in WWE. There have been talks about a possible sale of the company and ‘The Great One’ has shared his thoughts on the matter.
The Rock talks about a potential WWE sale
There have been speculations about the sale of WWE ever since the former WWE Chairman and CEO Vince McMahon controversially departed the company. He recently announced his retirement from the company after being involved in a scandal.
The shares have soared on the New York Stock Exchange after Vince McMahon stepped down in July amid media reports of alleged sexual misconduct and infidelity. McMahon’s announcement that he was planning to retire at 77 years old marked the end of a six-decade-run as a promoter who took the professional wrestling business to make it a billion-dollar business that regularly sells out football stadiums and is broadcast in dozens of countries.
In a later statement, WWE stated McMahon’s daughter Stephanie and former talent agent Nick Khan would be appointed as co-CEOs. Since the management shakeup, several analysts have told their clients that the company is primed for a takeover.
“I’ve known Vince for a very, very long time and he’s a businessman,” said Johnson in an interview with BNN Bloomberg during a recent visit to Toronto to promote an upcoming film.
“I think the key if there were a sale of the WWE is to make sure that whoever acquires that brand in that property, you’ve got to love the wrestling business. Of course, you can love the asset, and you can love everything that comes with it, but you got to love the professional wrestling business … because if not, then you could kind of see the writing on the wall; four or five years down the road, what will happen?”
We will have to see what the future holds for the company.
