Wrestling

Nick Khan On WWE Selling Within The Next Year: We’re Open For Business, But We’re Not Active

With WWE releasing talent every month in the name of “budget cuts” many have speculated that the company is preparing for a potential sale. 

Nick Khan spoke to Recode Media and was asked about the possibility of WWE selling within the next year. 

“We’re open for business on anything and everything. Even some of the business plans that we’ve announced recently are different and unique to what the company has traditionally done. We’re open for business. If somebody called, we’ll listen, but we’re not active or out on the marketplace trying to change that structure,” he replied.

Khan has been very active as the President of WWE in media, on earnings calls, and in decision making, leading many to believe that he will be the man who runs WWE if and when Vince McMahon decides to step down. 

When asked of that possibility, Khan replied, “I don’t think Vince has any plans, nor in my opinion should he, of stepping aside. He’s 75, he’ll be 76 in a couple of weeks. He’s healthy, he’s strong, maybe he goes another 50 years and you’ll be asking me this in 49 years.”

Vince has taken a step back on the recent earnings calls, offering less comments than he has in the past. Vince did make headlines on the most recent earnings call when asked about AEW as competition, saying he didn’t view them as competition the same way he viewed WCW in the 90s. 

Speaking on AEW as competition, Khan once again referenced sleep being competition before saying, “That’s the challenge for us, how do you get people to tune into our product instead of sitting there in their bed texting all night or watching TikTok for free or doing nothing or listening to a podcast. It’s always tricky. Personally, as an agent and executive, I never look at anybody as competition. I focus on what I’m doing. In the totality of circumstance, you have to look at everything as your competition without a specific focus on any one entity. We hope the NFL and NBA continue to get great ratings. What does it have to do with us? We have to make sure our product is great.”

WWE is set to hold its SummerSlam event on Saturday, August 21 from Allegiant Stadium in Las Vegas. 

You can view the current lineup for WWE SummerSlam by clicking here

If you use any of the quotes above, please credit the original source with a h/t and link back to Fightful for the transcription. 
 

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