According to Bill Apter, The Rock and his business, Seven Bucks, should buy WWE if Vince McMahon ever decides to sell the international powerhouse. The initial announcement of McMahon’s desire to return was made in order to talk about the upcoming media rights agreement and the possibility of selling WWE.
Since his full return as the organization’s Executive Chairman, the 77-year-old has been in negotiations with a number of potential buyers, including Disney, Netflix, FOX, AEW, and others. Bill Apter spoke about the potential acquisition of WWE on a podcast hosted by Mac Davis. Apter added that in order to maintain Vince McMahon’s influence over the situation, The Rock and his Seven Bucks Productions must buy the business.
The sale of the business, WWE
In the opinion of the journalist, a collaboration between the two organizations could be “absolutely magic.” “He must maintain composure. He will continue to have some influence even if he sells the business. “As I frequently stated, and as the subject of a column I wrote, the man who needs to do that is Dwayne Johnson and his Seven Bucks production.” “A collaboration between that business and WWE, in my opinion, would be magical, utterly magical,” Bill Apter said.
As he moves closer to a potential sale of the business, WWE Executive Chairman Vince McMahon keeps creating waves in the industry. With the Securities and Exchange Commission’s approval yesterday, McMahon submitted a written consent amendment to WWE’s bylaws that would increase his authority without requiring shareholder consent.
The extensive filing formalizes McMahon’s new authority to decide WWE matters without consulting or seeking approval from the shareholders. Now that this amendment is in effect, McMahon should have complete control over any upcoming sales or, if none occur, the company’s decision regarding a media rights deal.