A rumor surfaced earlier this week regarding WWE and the sale of the company. Former on-air talent Zeb Colter (Dutch Mantel) revealed on his Twitter page that he had heard that Vince McMahon was looking to sell WWE to the likes of ESPN and FOX in the future.
It was hard to believe that The Chairman would be able to negotiate a deal with the likes of ESPN and FOX given the way WWE programming is currently split, but since the company has been having a number of issues throughout the COVID-19 pandemic, it was an easy rumor to believe.
Sportskeeda’s Tom Colohue weighed in on the rumor earlier today as part of Dropkick DiSKussions where he was able to shed light on the reasons why Vince McMahon wouldn’t sell the company and that the only sales that The Chairman was looking into were the ones regarding pay-per-view rights.
“The intention for about a year now from Vince McMahon has been to essentially leave RAW and SmackDown in the charge of the Executive Producers (originally Paul Heyman and Eric Bischoff) and then NXT, of course, is Triple H’s baby… and then step back. But when it comes to actually relinquishing control, I have always suspected the same thing. I suspect Vince McMahon will probably die in that chair before he lets it go. This is a man who loves his job that much.”
WWE has released a number of stars over the past few weeks and reports suggest there could be more releases to come. Despite this, WWE revealed that they had received huge profits in the recent earnings call, which means that the company isn’t actually struggling.
These rumors are coming from the place of uncertainty surrounding the wrestling business at present since it’s unknown when fans will be able to return and arenas will once again be able to host shows.