Vince McMahon’s Full Letter To WWE Employees Following UFC Merger Revealed

Seth Rollins Meeting with Vince McMahon

On April 3rd, WWE and Vince McMahon announced that the company had secured a huge deal with Endeavor which will see it merge with UFC.

The multibillion-dollar merger will see the creation of a new publicly listed company with Endeavor CEO Ari Emanuel taking the same role, and Vince McMahon named Executive Chairman. The company will be 51% owned by Endeavor and 49% owned by WWE.

Following the deal, Vince McMahon sent a letter to WWE employees discussing the future of the company. You can find the full letter via the Wrestling Observer Newsletter, below.

“I’m excited to announce that WWE has entered into a partnership with Endeavor to create a one-of-a-kind company that will bring together two global sports and entertainment powerhouses: WWE and UFC.

The historic alliance of these two formidable institutions has the potential to unlock vast growth opportunities for both organizations and generate opportunities for both organizations and generate an optimal outcome for our employees, shareholders, fans, and other stakeholders. We are huge admirers of the work Endeavor has done to grow the UFC brand, and they will be the perfect partner to help supercharge our growth at WWE.

We are on the cusp of a new golden age for live sports entertainment, and by combining our two iconic and highly complementary properties under one roof, we will be able to fully capitalize on the rapidly expanding, global appetite for live sports events and premium content. We have some of the most engaged, passionate, and fast-growing fan bases in sports, and we are two of the only leagues capable of delivering content and events year-round.

Together, we are a $21+ billion live sports and entertainment colossus with a collective fan base of more than two billion people — and counting. With our decades of combined experience, complementary expertise, ,and pooled resources, we intended to create and cross-promote more premium live and on-demand content around the world.

As for how this impacts you, following the close of the transaction, we expect to continue to operate largely as we do now. Both WWE and UFC will become wholly owned subsidiaries of the new company but retain our separate brands, as well as our leadership teams and headquarters. I will serve as Executive Chairman of the Board, while Ari Emanuel will become the CEO of the new company and remain CEO of Endeavor.

Mark Shapiro will become President of the new company and also retain his role as President of Endeavor. Nick Khan will serve as WWE President, and Dana White will continue in his role as UFC President. Paul Levesque will remain WWE’s chief content executive.

As of now, we expect the transaction to conclude later this year. In the meantime, it is business as usual here, and this news has no immediate impact on your day-to-day roles or responsibilities.”

Vince McMahon’s Return Could Have Derailed Deal For Jay White

On the April 5th episode of AEW Dynamite Jay White returned to the company, and it was announced by Tony Khan that he was now All Elite. The confirmation put an end to speculation linking the former NJPW star with a move to WWE.

It had been believed that WWE was increasingly confident of signing the star, even just prior to WrestleMania. However, a new report looking into the negotiations has revealed that Vince McMahon’s return to WWE could have played a role in Switchblade opting for AEW.