WWE Sold? How much is the company worth?

WWE being sold is one of the most trending topics in the world today, irrespective of whether people know about pro wrestling or not. The rumors of the company being up for sale sparked over the past few days ever since Vince McMahon announced his return to the board of directors a few months after announcing his retirement.

WWE was a regional and privately owned promotion. Vince McMahon took over the company, buying it from his father, and made it a global phenomenon. The company was privately owned by McMahon until it became public on October 19, 1999.

According to Macrotrends, as of January 10, 2023, World Wrestling Entertainment is valued at a staggering $6.534 billion, with a revenue of $1.095 billion. This is a massive jump in valuation, as the company was valued at around $5 billion in the year 2020.

Vince McMahon announced his retirement a few days prior to SummerSlam 2022 following hush money and sexual harassment allegations. He made a sudden return to the company less than a week ago and has instantly made many changes to the board.

Multiple superstars will reportedly leave WWE if sold to Saudi Arabia

Since Vince McMahon returned to the company, many changes have taken place internally. With the boss returning, many people have left the company. Vince McMahon brought in George Barrios and Kristin Wilson to the board, with two directors who worked under Triple H's and Stephanie McMahon's reign leaving the company.

As of today, the daughter of the Executive Chairman, Stephanie McMahon, has stepped down as Co-CEO of WWE, leaving Nick Khan as the sole CEO of the company. According to Sean Ross Sapp of Fightful, multiple superstars are ready to leave the company if it is sold to investors in Saudi Arabia.

News of WWE reportedly being sold to a Saudi Arabia Public Investment Firm has been trending for the past 12-15 hours. But famous combat sports journalist Ariel Helwani claims the news of the promotion being sold to Saudi Arabia isn't true. However, WWE is still looking for firms that would be interested in buying the company.

With Stephanie McMahon stepping down, one doesn't know what the future will hold for Paul ''Triple H'' Levesque as the Head of Creative. Since taking over, Levesque has brought back many superstars that were released under McMahon.

Where the shows are concerned, Triple H has received a lot of praise and love from fans on a weekly basis. The ratings are high and the company has made some record revenue in the past few months.