“WWE Could Be for Sale”: Finance Gurus Suspect Billion and Trillion Dollar Companies to Buy Vince McMahon’s Brainchild

It shocked the business world when Vince McMahon announced his retirement from all the roles of WWE. Nevertheless, this did not affect WWE as their stock price rose by 8% on a single day at the end of July. As of today, it is trading at $70.85 per share.

Under his leadership, WWE became one of the richest companies. However, now, after Mr. McMahon’s retirement, there may be many potential buyers might be interested in buying WWE and establish themselves in the pro-wrestling market as per multiple financial experts.

Recently, Alan Dawson of Business Insider penned few potential companies based on longtime media analyst Alan Gould of Loop Capital selection that can buy WWE after Vince McMahon’s retirement.

“This is a challenging environment with the equities of most of the logical buyers depressed, but there is demand for live event programming, and it is the first time that one could realistically think that WWE could be for sale,” Loop Capital’s Gould told Deadline.

1.Comcast

The first company is a $194.3 billion corporation, Comcast. WWE has already sold exclusive live streaming rights to NBCUniversal’s Peacock service. Comcast is the parent company of NBC Universal.

Earlier this month it was noted that Nick Khan talked about Comcast’s NBCUniversal as a potential buyer. However, Khan later stated that Comcast’s lacks is the “intellectual property that some other companies have,” like Disney’s “treasure trove of IP.

2.Disney 

A $188.5 billion mass media company that already airs UFC. The Walt Disney Company owns an 80 percent stake in ESPN, which has been the UFC’s broadcast partner since 2019. Moreover, Disney also got the rights to air Dwayne Johnson’s XFL once it begins.

WWE will be one of the best buys in the sports broadcasting sector for Disney. Also, with recent good ties with The Rock, the deal can be carried out smoothly.

3.Amazon

Amazon has been trying to buy the right to sports programming recently. The $1.23 trillion technology company would not hesitate to buy WWE, which is an estimated $5 billion valuation.

Las Vegas – Circa June 2019: Amazon.com Fulfillment Center. Amazon is the Largest Internet-Based Retailer in the United States

4.Netflix 

As per the Business Insider column, Netflix could be a major company to buy WWE. Typically, sports are not their content and they mostly air films, documentaries, and series on their platform.

However, WWE, being the blend of sports and entertainment, Netflix could come out as the biggest buyer of the company.

There are four more companies that can be the potential buyers of WWE. These four companies can enter the sports broadcasting and pro-wrestling business through WWE.

5.Apple

Apple, a tech company with a $2.5 trillion net worth, can also be a buyer of WWE. This purchase will open a new market for Apple in sports entertainment.

6.Warner Bros. Discovery 

Warner Bros. Discovery is a media giant. Its net worth is $36.7 billion and purchasing WWE will not affect their books at any point.

7.Paramount Global: a mass media firm worth $16 billion

8.Fox — an $18 billion mass media company

Paramount and Fox could purchase WWE, but will not be able to justify the $5 billion purchase of the company, as their valuation is not too higher.

The net worth of Vince McMahon 

Vince McMahon announced his retirement from all the roles of WWE ahead of the latest SmackDown episode. After his retirement (Chairperson) Stephanie McMahon and (President) Nick Khan are Co-CEOs of WWE. However, he will hold the major part of the shares of WWE by holding a total of 51% of the company.

Read More:- Vince McMahon’s Exit from WWE Proves to Be Blessing in Disguise for the Company

According to FORBES, the net worth of Mr. McMahon, at his current age of 76 years old, is $2.4 billion. On top of that, all the money he has earned has been generated from WWE only. He does not have any other source of income apart from WWE.

McMahon is a money-oriented person when it comes to the business aspects of WWE. He has always tried to portray things that will generate more money. However, he struggled initially but later minted a lot of money through WWE.

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