Nick Khan Not Leaving WWE Despite Unloading TKO Shares

6 months ago 37
ARTICLE AD

Former WWE Chairman Vince McMahon and current WWE CEO Nick Khan have been a prime force for the global juggernaut for years. While McMahon exited from their parent company, TKO Group Holdings amidst his sex trafficking scandal that was filled in January 2024, Khan sits at the helm leading WWE into a new era.

Last week, confusion arose following a Sportico report suggesting that Nick Khan and Vince McMahon were putting their remaining TKO shares up for sale. However, as highlighted by Brandon Thurston on YouTube, both Khan and McMahon still retain significant ownership of TKO shares.

Contrary to rumors, there is no indication of Nick Khan departing from WWE anytime soon. Moreover, the shares listed by the WWE CEO and President for sale have been on the market since last year and his current employment agreement extends until September 2025, further dispelling speculations of his departure from WWE.

On the other hand, Vince McMahon currently possesses approximately 8 million shares, constituting just under 5 percent of the stock. Additionally, McMahon holds a 9.9% stake in class A shares.

With the rumors of Nick Khan potentially laid to rest, we can continue to look forward to the exciting product on WWE’s live television programming as Nick Khan and WWE CCO Paul “Triple H” Levesque continue to shape the new regime prevailing over the company.

What are your thoughts on Nick Khan not exiting WWE anytime soon? Sound off in the comments!

Read Entire Article