During an appearance on CNBC’s Squawk in the Street show, Dwayne “The Rock” Johnson commented on WWE possibly being sold.
Vince McMahon returned as the Chairman of the Board of Directors earlier this month to help with the next TV deal and explore the possibility of a sale. The Rock said,
“Well, I can tell you this, it’s an exciting brand, it’s a brand that I’ve been fortunate enough to have tremendous success in over the decades and also, for your viewers here in the business world who may not know, the lineage goes way back, multi-generational with the WWE. My grandfather wrestled for Vince McMahon Sr. in the 70s, my dad wrestled for Vince McMahon in the 80s and then I came along with my bad haircut and fanny pack and I continued to wrestle for Vince too so we’ve seen tremendous success over the years. I think it’s a very attractive company, I’m excited and I wish Vince and that company all the best.
“I would (agree with the point that a WWE sale might not happen unless the buyer allows Vince McMahon to still be in charge) and that’s a great point. I think with the world of professional wrestling and the world of WWE, it’s so unique. The fan base is very large and very passionate and there’s nothing like the WWE so I think with the new owners, if there are new owners, and acquirers that are gonna come in, I think they have to share that same passion for the company and for the world of pro wrestling which isn’t always easy to do. As you guys know, with a company like this, it’s been so incredibly successful over the years, a sale and acquisition could be very complicated but there’s that unique added anchor I believe to this that Vince feels where you gotta find the right buyer who still has that passion and love for this very unique world.”
Former professional wrestler @TheRock responds to reports of a possible sale of @WWE : "There's nothing like the $WWE…if there are new owners and acquirers that come in, they have to share that same passion that [executive chairman Vince McMahon] has for the company." pic.twitter.com/XGNQeNGh82
— Squawk on the Street (@SquawkStreet) January 17, 2023
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