The big news to come out of the wrestling world is that Tony Khan has purchased Ring of Honor (ROH). Khan himself made the grand revelation during tonight’s episode of Dynamite.

Khan opened the show with a thank you to the fans in attendance and at home watching. He noted he launched AEW in 2019 to provide an alternative to wrestling fans and namedropped ROH.

The 39-year-old said ROH was brought to life 17 years before AEW and became the standard-bearer for professional wrestling. The two promotions had similar goals and that he’s the new owner of ROH.

Cassidy Haynes of Body Slam reports that very few people knew about Khan’s announcement pertaining to the ROH deal and one source claimed it was in the $30-$40 million range.

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“Not much was known about the specific details regarding Tony Khan’s purchase of ROH, however one source had stated to me that he heard it was in the $30-$40 million range, but I was unable to confirm that information with any other sources within either AEW or ROH.

“When asking around about the sale of ROH and plans for the company going forward, sources confirmed to me that internal plans call for AEW to utilize Ring of Honor as a developmental territory of sorts. Additionally, it was said that ‘Main Roster’ AEW Talent will be dipping into the ROH brand on occasion.”

We’ll have to see what’s next for Tony Khan’s plans for ROH. This was certainly an unexpected turn of events.

What’s your take on this story? Sound off in the comments!

Manik Aftab

Manik Aftab serves as a news writer at Ringside News. He has covered pro wrestling and sports entertainment for a variety of publications, including Sportskeeda Wrestling, The Sportster, and WrestleZone. Outside of his professional duties, Manik likes to indulge in fiction, thrillers, comics, manga, and anime.

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