It has been a difficult few months for wrestling fans around the world as there seems to be a lot of turmoil within the WWE, big names in talent being released and uncertainty around the future of what’s really happening with the organisation – all signs seem to be pointing to a potential sale of the WWE, and financial experts seem to agree that this is something that may be on the horizon, some services that accept betting like those found here have also opened odds for speculation on the matter – but with all the information floating around, what could really be going on?
The biggest suggestion so far has been with the WWE licensing deal that went to Peacock – the company has typically been very protective of the brand in the past by bringing everything under one roof which included the big push to launch the WWE network and have streaming options for all events both in the past and present was a big step forward – getting out of the business of its own streaming service and letting another company handle this business has been the first big sign of change for stepping away from this more protective hold over the company, and a smart move if they’re looking to sell the business as it cuts a huge portion of operating costs whilst also gaining a huge amount of money for selling rights to the content – something very promising to potential buyers.
(Image from sportskeeda.com)
Releasing talent provides a similar indication here too, by cutting down on overhead costs with talent that may not have been the biggest draw, and keeping the biggest name, it does the same thing – they keep many of the keep assets that make up the success of the company and the names that bring in the big PPV buys whilst also releasing some of the costs keeps things attractive for potential buyers that don’t have to worry about huge outgoings or length contracts that could become a problem further down the line – although that wasn’t the case for all talent as some of the big names that were released were big draws and merch movers, leading to further speculation that some of the names that may have big contract clauses were released in order to cut down on costs also.
It’s all a speculation game right now, there’s no concrete evidence that a sale is on the way, but a lot of evidence to certainly suggest the case is true – given it could have big implications for the company if a sale were to happen though, wrestling fans will need to stay vigilant, and they could see their favourite form of entertainment turned up on its head in the near future.