Roman Reigns Suddenly Removed From Smackdown

The salary of Mr. Vincent McMahon, our Chairman, and Chief Executive Officer, was set at an annual rate of $2 million. For calendar 2022 his target management incentive plan bonus was set at 250% of his salary and his grant of performance stock units has a target value of $11 million.

The salary of Mr. Nick Khan, our President, and Chief Revenue Officer, was set at an annual rate of $1.2 million. For calendar 2022 his target management incentive plan bonus was set at 158% of his salary and his grant of performance stock units has a target value of $3.575 million. In addition, the second tranche of his sign-on equity grant, to be made in September 2022 as described in our prior filings, has been increased by $7.5 million.

The foregoing management incentive plan bonuses and performance stock units are governed by the terms of our 2016 Omnibus Incentive Plan. All equity grants are calculated using the average closing price of our Class A Common Stock over the thirty trading days preceding the effective date of the grant. Amendments to agreements necessitated by the foregoing compensation changes are being prepared and will be filed at a later date.”

WWE's board of directors has given Vince McMahon and Nick Khan raises.

Vince's salary for 2022 will be $2.0M. In 2021, it was $1.4M.

If I understand right, Nick's second equity grant (part of his sign-on agreement), disclosed prior as $9M, increases by $7M, to $16M. pic.twitter.com/gs864Vm7Sk

— Brandon Thurston (@BrandonThurston) March 11, 2022

Vince McMahon possesses 42% stock of the company and also has 83% of the company’s voting power. He also has some other business ventures which garner him revenue apart from WWE and Alpha Entertainment.