![]() ![]() All rights reserved.Ĩ88 Holdings plc is listed on the London Stock Exchange. *Credit for all of the photos in this article belongs to AP Photo*Ĭopyright 2023, the 888 Group. Some will be wary of McMahon talking about other ‘strategic mergers’, while others will undoubtedly be excited by what could prove to be a revolutionary combination of two widely popular combat sports. This is huge news in the world of sports-entertainment, and something which is bound to split opinion among wrestling fans all over the world. McMahon seems like he wants to remain involved in a creative capacity, but only time will inform us of what Endeavor is envisaging for WWE into the middle and latter part of this decade. Such revenues have led to enormous salaries for the stars.Įxactly how the company will operate, and how this will impact the product, has yet to be revealed. It has been immensely profitable over the last few decades, and has traded on the public stock exchange since 1999. WWE’s worldwide brand is going to remain a part of online betting going forward. “The new company will be well positioned to maximize the value of our combined media rights, enhance sponsorship monetization, develop new forms of content and pursue other strategic mergers and acquisitions to further bolster our strong stable of brands." McMahon spoke soon after the sale, saying, "Together, we will be a $21-plus billion live sports and entertainment powerhouse with a collective fanbase of more than a billion people and an exciting growth opportunity. Ultimately, though, it was Endeavor who sealed the deal. There were reports and counter-reports, including suggestions WWE had been sold to a Saudi Arabian investment fund. Inevitably, McMahon’s reappearance provoked rumours of a sale, even though he was adamant he was just aiming to negotiate a new television rights agreement.Īmazon, Netflix, Liberty Media and Disney were among numerous organisations who reportedly had an interest in purchasing WWE. Vince McMahon departed the company in July 2022, but it proved to only be a brief hiatus, as he returned on the board of directors in early 2023. This huge move leaves Endeavor with a 51% controlling stake, while the remaining 49% is split across WWE’s shareholders. They will be merging WWE and UFC in a $21 billion sports offering, described as a ‘global live sports and entertainment company’. Sale of WWEįollowing seven decades under the McMahon family, WWE was sold in April 2023 to Endeavor Group Holdings. Still, even the lower salaries in WWE are well above the average earnings in the USA and UK. Just because someone is an option in WWE in-play betting doesn’t mean they are raking in millions each year. The same disparity can be seen between the lowest and highest earners in the Premier League, NBA, NFL and many other high-profile leagues. This sort of pay gap is nothing new in sport. At the upper end, the big names are well into the millions. Some earn considerably less, of course, with reports suggesting there are WWE wrestlers on under £100,000 per year. The average WWE salary is somewhere around £400,000 per year. Immensely successful from a sporting and financial perspective, Lesnar continues to collect a massive salary each year. The Webster native is the only person to have claimed all the heavyweight championships, and in 2005, he became the youngest performer to win the WWE Championship after excelling at the University of Minnesota. Lesnar’s record stands out even when placed alongside the greatest wrestlers of all-time. Standing at 6’3 and weighing in at around 130 kilograms, Lesnar also tried his hand at American football with the Minnesota Vikings in 2004.Īn accident while riding his motorbike disrupted his NFL entrance after impressing at the combine, and he was ultimately cut by the Vikings after appearing in a few preseason games. He has been a prominent figure in the sport since the turn of the century, competing in MMA and gracing UFC betting odds from 2007 to 2011. Brock Lesnar is one of the faces of WWE and has received millions for his appearances since returning in 2012.Ĭurrently a ‘free agent’, Lesnar features for both the Raw and SmackDown brands, and has frequently been among the favourites at the top US sportsbooks throughout his career, amassing a CV with numerous unique achievements.Īccording to various sources, Lesnar’s net worth is in the £20 million region as of the start of 2023. ![]()
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