Nick Khan guided WWE through a crucial phase, helping the company secure a number of significant business deals. Before joining WWE as an executive, Khan represented the company throughout its current television rights deal with FOX and NBCUniversal. Nick has now signed a new long-term deal with the company.

Dave Meltzer reported in the latest edition of the Wrestling Observer Newsletter that the deal was signed on October 19th that runs until August 5th, 2025. The terms of the deal include a base salary of $1,350,000 per year. There are more components to his compensation package.

Khan will get $3,575,000 in stock grants per year, as well as a $2,160,000 annual target bonus. Khan received $15 million in stock when he joined WWE in 2020 as company President. Since then, he swiftly rose to become one of the most powerful players in the pro wrestling industry.

Following Vince McMahon’s resignation earlier this year, he now serves as Co-CEO with Stephanie McMahon. Let’s see how Nick handles this contract. To get the latest updates, keep an eye on Ringside News.

Advertising
Advertising

What do you think of this story? Let us know in the comments!

Shivangini Rawat

Shivangini, a law student, writes for Ringside News to share her passion for wrestling. She joined in 2021, striving to deliver the best content while enjoying her hobbies of baking, cooking, reading and playing musical instruments.

Disqus Comments Loading...