Backstage News On WWE Morale Amidst Sale Rumors - Wrestling Inc.

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Last week, six months aft retiring, Vince McMahon announced his plans to instrumentality to WWE. He reinstated himself to WWE's Board of Directors and connected Tuesday was unanimously elected arsenic the Executive Chairman of the Board aft his daughter, Stephanie, resigned arsenic WWE Co-CEO.

Vince McMahon stated that his instrumentality to WWE is successful portion to assistance facilitate the imaginable merchantability of the company. Over the weekend, CNBC listed immoderate imaginable buyers. It included media giants similar Disney, Fox, Warner Bros. Discovery, Netflix, and Amazon. As reported earlier, there are adjacent betting likelihood connected who volition bargain the institution valued astatine implicit $6 million.

PWInsider reported connected backstage morale aft the quality of WWE perchance being sold. Since fewer cognize what the adjacent determination is, determination is said to beryllium "far much of a interest and feeling of unease." There is besides fearfulness that a caller "corporate overlord" would instantly place immoderate of the existent WWE departments oregon employees arsenic redundant.

There isn't conscionable a fearfulness of the institution being sold, but besides a fearfulness of McMahon's instrumentality and changing the existent product. Some employees interest that WWE volition revert backward if McMahon gets much progressive with creative. PWInsider noted that it heard from rather a fewer that are "less than thrilled" astir the thought of McMahon returning, and 1 idiosyncratic reportedly referred to McMahon arsenic a "T-Rex getting retired of the pen."

McMahon stepped down arsenic Chairman and CEO of WWE past June aft reports revealed helium paid much than $12 cardinal successful "hush money" to erstwhile pistillate employees to soundlessness allegations of intersexual misconduct and harassment.