WWE has already spent millions of dollars expanding their TV production facility, renting off-site production space and hiring Network-related staff. WWE announced Thursday they plan to add 200 jobs, which is one of the requirements to be considered for Next Five funding, to help launch the Network. One of the other requirements is investing at least $25 million in Connecticut, which WWE has already done.
"We try to look at the right business decisions we want to make. Where do I want to do all this? To what extent can I do it? Would it be based in Stamford? Where things will go ultimately will be decided as we move forward."
Vince McMahon had previously stated that they would have an announcement by the time the next quarterly conference call comes around, which takes place on November 1st.