Vince McMahon is looking to get as much as $9 billion in a potential sale of World Wrestling Entertainment Inc., the company he returned to run this year, according to people familiar with his thinking.
The company has already received offers, said the people, who requested that they not be identified because the discussions are private. WWE declined to comment.
The 77-year-old executive was the wrestling giant’s CEO and chairman for 40 years and built up the WWE into an entertainment juggernaut. McMahon stepped down in June 2022 due to hush-money allegations.
McMahon’s daughter, Stephanie, served as co-CEO and chairwoman before her father returned as an executive chairman in January. When he made his return, McMahon made it clear he wanted to sell his company.
Shares of WWE have blown up this year by 30 percent, with one cause being over speculation of a new owner.
