Update on how much money Vince McMahon reportedly wants for WWE

As previously noted, Vince McMahon has been reinstated to the WWE Board of Directors and is looking into the possibility of the company being sold.

It was initially believed that Vince wanted around $8 billion dollars for WWE. However, a new report on Bloomberg.com states that WWE is looking to get as much as $9 billion for a potential sale of the company. Bloomberg noted that the asking price is 37% greater than the $6.5 million market value of the company and potential buyer Endeavor would need help from a third party because “it’s market capitalization of $10.4 billion is only a bit more than what McMahon wants.”

Bloomberg’s Lucas Shaw wrote that “has already received a couple acquisition offers” but “sources have expressed skepticism that many traditional media companies will buy the WWE.”

FWIW sources have expressed skepticism that many traditional media companies will buy the WWE.

But there are definitely some interested parties (like Endeavor the Middle Eastern $$).

— Lucas Shaw (@Lucas_Shaw) February 17, 2023