LG
01-03-2014, 03:04 AM
Source: Wrestling Observer Newsletter
As noted, WWE stock almost doubled over the past year. WWE is now worth $1.25 billion and the McMahon family is close to billionaire status with their company stock.
The rise in stock is based on optimism based on what the company has said about the Network and their 2014 TV rights fees negotiations. The expectation is things will rise until those two things come to fruition, and at that point, the price will depend on the new deal and the success of the Network.
Regarding those rights fees, there is some speculation that Spike TV could make a play for SmackDown. If Spike acquired SmackDown, it would be a great lead-in for Bellator MMA on Friday nights.
As noted, WWE stock almost doubled over the past year. WWE is now worth $1.25 billion and the McMahon family is close to billionaire status with their company stock.
The rise in stock is based on optimism based on what the company has said about the Network and their 2014 TV rights fees negotiations. The expectation is things will rise until those two things come to fruition, and at that point, the price will depend on the new deal and the success of the Network.
Regarding those rights fees, there is some speculation that Spike TV could make a play for SmackDown. If Spike acquired SmackDown, it would be a great lead-in for Bellator MMA on Friday nights.