Following Vince McMahon’s return to WWE it feels to many as though nothing is off the table.
After WWE’s Board of Directors blocked McMahon’s first attempt at a comeback he took more drastic measures. The billionaire reinstated himself to the Board along with two associates, ousting three serving members along the way. Two more directors promptly quit and they were followed by the departure of co-CEO Stephanie McMahon.
Vince McMahon was then voted back as Executive Chairman and the comeback was seemingly complete. However, there have now been reports that he could return to television after returning to work at the office. McMahon himself stated that he is there to help facilitate the sale of the company, although suggestions WWE has already been sold appear wide of the mark.
WWE Network Could Be Set For Huge Shakeup
One of the parties said to be interested in buying WWE is Endeavor — the company also owns UFC. Speaking on Wrestling Observer Radio, Dave Meltzer explained that he believes if Endeavor purchase WWE they will look into pulling major events from the WWE Network and offering them on pay-per-view instead.
“If it’s Endeavor, because of UFC, I believe that they would absolutely look into the possibility of it [taking WWE events off streaming services and making them solely pay-per-view]. Because look at what they do with UFC and they’re similar businesses.”
“I don’t believe it will be done. Now what could be done, the idea of pulling WrestleMania, or maybe WrestleMania, Royal Rumble (and) SummerSlam, and making them pay-per-views but keeping the other ones on the Network. I could see that.”
“I think that’s probably even the best way to do it, or maybe you even go with WrestleMania alone and that’s the only one. Because you’ve got two days of WrestleMania, maybe charge $40 a day, people will pay it because it’s WrestleMania.”
“The flip side, the thing is though, is you can’t do it until this contract is over. So I think that the thing is when this Peacock contract is over, and you’re evaluating all this, you have to look at what is Peacock paying you. Because the amount that Peacock pays, it’s not like they’re paying a certain amount every month. It’s weighed, so they get paid way more for WrestleMania month than any other month.”
“So are they getting paid more than they would make on the pay-per-view? I don’t know the answer to that. But I would say that in Endeavor is to buy, I would say that absolutely Endeavor would look at the economics and consider it, and they will go with whatever is the best economic idea.”
“You’ve got to remember this is not WWE Network, this is a figure way, way, way above WWE Network. If it was just WWE Network, I would go ahead and say WrestleMania, SummerSlam, Royal Rumble, you put on pay-per-view, and the other ones you don’t, because you’re in charge of that.”
“This is something that’s been sold to Peacock on the idea that they’re getting WrestleMania on their streaming service. So you can’t go away from it. And also they’re getting so much money from Peacock, way more than they would make on pay-per-view or on WWE Network that the economics may very well be that it’s not worth it to them to take WrestleMania back to pay-per-view.”
Triple H recently revealed in a talent meeting that while he has the final say, he has been talking to Vince McMahon about creative.
H/t to WrestleTalk