All Elite Wrestling announced some big news on Tuesday. Tony Khan, the Jacksonville Jaguars (NFL) co-owner, will become the promotion’s president. Also, Matt Jackson, Nick Jackson and Cody Rhodes will serve as executive Vice Presidents in the company. According to ProWrestlingSheet.com, keeping the “All In” creative team together was important to the deal coming together.
Khan has been connected to the reports about the new company for several weeks now. The Khan family’s net worth is estimated at $6.3 billion.
The “All Elite Wrestling” promotion will be holding a free “Double or Nothing” rally at TIAA Bank Field, the home of the Jacksonville Jaguars, at 5 PM ET on January 8th. More information about the company and their “Double or Nothing” live event will be released at that time.