Many In WWE Believe The Company Is About To Be Up For Sale

WWE fired six people from their roster today, freeing up millions of dollars. Many are of the belief that President Nick Khan is positioning the company for a sale. WWE also fired over 60 people over the last week who were deemed as “redundancies” as they merged multiple departments into one new WWE Media division overseen by Kevin Dunne.

During Wrestling Observer Live, Bryan Alvarez discussed the idea of WWE setting themselves up for sale. This is a very interesting idea and it seems that Nick Khan has pulled off this big move. We will have to see what happens, but they are doing a lot of things that companies do prior to going on the market.

“I do know and you can report this, there are a lot of people in and out of WWE and the business — fans — it’s no secret. Everybody believes Nick Khan is setting this company up to be sold. How do you say that it’s budgetary reasons when you’re making so much profit? Well, you say it’s budgetary reasons when you decide the amount of money that you’re going to spend on talent.”

It appears that WWE is unloading people with big contracts who they aren’t using. “Everything is being paired down,” Alvarez stated as he said that “they are setting themselves up for a sale, that is my belief.”

We will have to see what WWE decides to do, but the writing seems to be on the wall that Vince McMahon might put his company on the market. The big question is who has deep enough pockets to purchase it.

Who should buy WWE? Sound off in the comments!