Nick Khan says Vince McMahon is willing to end his involvement with WWE

During WWE’s fourth quarter 2022 earnings call, the following exchange took place between WWE President Khan and analyst Brandon Ross…

Ross: “I think the potential buyer universe is probably going to be impacted by Vince’s desire to remain after a sale or not. Nick, can you tell investors with certainty that Vince will be willing to end his involvement with WWE following a transaction if that gives shareholders the most value?”

Khan: “Yes, without question. He’s declared it to the Board. He’s declared it to us in management. It’s all about shareholder value. Obviously, he is a shareholder. So it’s not about what role he’ll have, it’s about maximizing that value opportunity.”

Khan also commented on what WWE is looking for in a sale beyond money…

“So a partner that has more than simply deep pockets. So a partner that understands the media business, that’s in the media business that understands how to further monetize the media business, that certainly understands our product, our intellectual property, what we’re doing with it, what can be done with it, media rights both domestically and internationally. We see the international growth opportunity is huge. So these are folks in terms of choosing the right partner, these are all things that we’re going to be looking at in terms of who can accelerate our business and again, what’s the best value for our shareholders.” (quotes courtesy of F4WOnline.com)