According to Nick Khan, WWE could be sold within three months, and that sale could result in huge financial windfalls for a number of key company personnel including Vince McMahon.
McMahon forced his way back onto WWE’s Board of Directors on January 6th after having an initial return to the company blocked by that very same Board. Just days later McMahon was confirmed as Executive Chairman and co-CEO Stephanie McMahon left the company.
McMahon claimed that his return was purely to help facilitate the sale of WWE and assist in media rights negotiations. However, Nick Khan has since stated that McMahon could leave the company for a second time should it be necessary for the sale, while he’s open to stepping down should a new regime take charge.
If and when WWE is sold Vince McMahon and other key figures within the company will be in line for a payout.
How Much Will Vince McMahon Make If WWE Is Sold?
Writing in the Wrestling Observer Newsletter, Dave Meltzer broke down how much these figures stand to earn if WWE is sold for $8 billion as has been rumoured.
If the WWE was sold for $8 billion, this is roughly what the key people in the company would make from the sale:
- Vince McMahon $2,552,969,558
- Stephanie McMahon $170,842,415
- Linda McMahon $50,320,030
- Kevin Dunn $24,205,410
- Nick Khan $13,837,200
- Frank Riddick $10,931,948
- Paul Levesque $8,323,822
Vince McMahon had a remarkable 2022 which included stepping back in the ring at WrestleMania 38 against Pat McAfee, taking arguably the worst Stunner of all time, and retiring from WWE altogether.
McMahon initially retired in July 2022 surrounded by allegations of sexual misconduct. It was claimed that he paid numerous women a series of “hush money payments” in order to suppress the allegations.
On January 19th, 2023 it was reported that McMahon had reached a settlement with former referee Rita Chatterton. The settlement was in relation to a 1986 incident where Chatterton alleged that she was raped by McMahon.
The news of the agreement came after it was reported in 2022 that McMahon had reached a number of legal settlements with former employees in relation to other allegations. In one instance he paid a former wrestler $7.5 million after she claimed that he had coerced her into giving him oral sex.