That was my main fear: Jim hit the nail on the head talking about the tapes of the history of wrestling WWE owns the rights to. WWE alone is a shaky controller of all that footage but to up and sell to another corporate entity with no attachment to wrestling whatsoever is terrifying
that was my main fear with a sale as well. We have already seen Peacock edit and butcher stuff from the attitude era as well as stuff from the 80s like Piper and half blackface not knowing what the angle was actually about.
But that's a bit disingenuous as Marvel wasn't as huge back when Disney bought it as it is now. Back then it was mostly just comic books and a few movies, games, and television series spread across Sony and Fox. There was no marvel cinematic universe which is where it's current huuuuuuuuge value stems from.
@@charleslebi7297 Disney bought Marvel in 2009 (I believe), and Disney has made Marvel more valuable than ever with the cinematic universe and their continuation of it. Movies existed before Disney's purchase, but they weren't grossing billions like Avengers. And everything about the MCU has made Marvel even more valuable.
Vince doesn't want to sell. It will be a way to run the show again. Simple as that. Claim he cameback to sell the company put a price on it so high no one will buy and as time gos on Vince is running WWE again.
WCW was dumped in a fire sale because they didn't realize the tape library alone was worth hundreds of MILLIONS. Vince made his money back on WCW 10 fold with just the Flair DVD alone.
Does he get the show before the rest of us and then have a day or two to take something from it and create the thumbnail? He deserves twice whatever they’re paying him
Let's just say for the hell of it some company DOES hand over 9 billion WAY beyond Vince's expectations. Will he except the offer? Even if he TRULEY didn't wanna sell, he'd be a fool not to take that money
Time to get a DVD recorer and start to record whatever you like on TH-cam. I honestly trust diehard fans to do a better job of preserving wrestling's past than any major corporation that does not value or understand the product, to do so.
@@dominicrossitto5890 I did this with Smokey Mountain Wrestling several months back. Got all but maybe 5 episodes of the TV show burned to disc's. I don't trust streaming media.
Thats about the dumbest "fear" you can have.. the catalog the WWE has is a big asset.. who in their right mind would pay all the money to purchase the WWE and just decide to bury or erase all that content? In fact it's the biggest asset the WWE has.
@@adrianpheiffer9960The wwe would, as that's exactly what they're doing. Have you seen any SMW stuff for example other than 1 or 2 matches? Exactly. They're sitting on it.
I bet how Vince came up with the 9 billion number is to take what the Fertitas got for the UFC sale, double it and add one billion out of pettiness/competitiveness. He's a maniac. Gotta love Vince.
if i was Vince i would ask for 9 BILLION and 25 cents! and DEMAND that quarter up front just to be petty. i still don't think Vince was ever serious about selling honestly. WWE is Vince's baby. I do think he regrets going public though and having a board to go through EVERYTHING all though sometimes thats a good thing since now Vince can't do stupid shit like the WBF anymore....
@@BeyondDaX I always had a feeling that not only does Vince not want to retire but he also doesn’t really want to sell the WWE ! He probably wants things to go back to the way things were now that he’s paid hush money to whomever!! 🙄
Lucas got 4 billion cash....Which Lucas also gave 4 billion dollars to charity the next day....He was also given some stock options which is all he kept.
And Lucas has regretted selling ever since now that disney has KILLED Star Wars. All though there is only so much you can do with a glorified toy line which is what Star Wars became
@@americanbadass88 Lucas already soiled the franchise with his constant editing the ot several times over since the 90's then making the garbage prequels and then re-editing the ot again to make it fit in with his garbage prequel trilogy instead of making the prequels fit in with the ot.
Vince is only charging 9 billion to keep Tony Khan from buying it because if it was 5-6 billion he could get a partner to go in on it with him and buy it. It's Vinces biggest fear to be the victim of his own idea. Buying the competition and showing up on their flagship program.
Vince is a genius. He claims he wanted to oversee the sale of WWE. Then put a price of it so high it will not sell. And now Vince is still back to running WWE. Genius way to get back into the game.
Except that can EASILY backfire. He claimed it was to sell the company. If it turns out to be anything else, the FTC can and will come down on him. He'll see even more shareholder lawsuits. He'd lose more money than he'd gain.
That price is not high. WWE's market cap is 6.5 billion. that means that is the minimum to buy all of WWE's shares. 9 billion is not a hard number to attain. And Brian is wrong. Comcast can afford it. Disney can afford it. The Saudi's are not the only ones who can pay it. They will sell it.
@@chriskay1449 Brian isn’t necessarily saying they CANT buy it or can’t afford it, he’s looking at it from the side of an investment. Unless you’re Tony khan you aren’t buying a wrestling company to break even, you’re expecting to make a profit going forward. With the exception of the last year (probably not even a full year) wwe viewers have been steadily been dropping, their tv deals renew in 2024 - would you have confidence people will be as interested in pro wrestling in the next 15-20 years? I personally don’t at all, I think when vince is gone, hhh decides to settle down, heyman is finished with wrestling, the guys today are 15-20 years older and with changes in technology I find it very unlikely there will be as many people tuning in to watch raw and smackdown - especially if wwe becomes owned by another company or organization who thinks what they want on tv is more important than the bookers
@@chriskay1449 Brian didn't say Disney or Comcast can't afford it. He saying WHY would they buy it. Especially in a current market in which a lot of major companies are cutting costs. Taking on WWE is in no way viable.
Also, a market cap means little when it comes to actually buying something if no one's willing to buy it. Right now, the Saudis are the only team that seem in any way interested in a company that is so ridiculously expensive that it's worth more than double what Disney paid for Lucasfilm.
It's a good thing I saved all of my classic VHS Tapes, and DVDs, you never know when one day we won't have access to any of the older footage from the 60's, 70's 80's 90's I have an entire VHS and DVD collection in my basement. Alot of it I've been collecting over the past 30 years. Plus many of my older classic content that I have on VHS was given to me by my grandfather before he passed away.
Due to deterioration,i would advise transferring the VHS tapes to DVD. they sell machines that do that for a low number ($150 or less years ago) i have VHS tapes of MTV vids from '87 and they didnt hold up too well. Just saying,if u cant realistically pay to transfer them all atleast do a few of the really special/Fav matches.
The current market cap is $6.5 billion so why would the shareholders agree to sell it for a loss? A final deal of $8 - $9 billion will be reached. A $9 billion sale represents about a 38% premium over the current market capitalization which is in line with the typical public to private sale.
If I bought it… I would start tracking things for 3 months 1. Merch sales 2. Decibels of crowd noise from introduction through the match and following the match (also includes promos) 3. TV Ratings during appearances Then after 3 months I strip all belts…all Secretly use all of that data to make a tournament booking winners based on the data but also allowing for live reactions Heels could turn face…faces could turn heel in an effort to sway the crowd Would take months to determine new champions…but for the most part the will of the people would be heard
Actually, $9 billion is in line with the premium that shareholders would expect for WWE (or any company) to be taken private. The current market capitalization of WWE is about $6.5 billion so a sale price of $9 billion represents about a 38% premium over the current value. Slightly to the high end, but in the range of what the market has been historically for public to private sales, especially for strong companies that dominate their sector. For example; Microsoft paid a 49.5% premium for LinkedIn, which turned out to be a great investment for MS. The WWE brand will likely continue to generate revenue into the future and the shareholders (including McMahon) will not just 'give' it away at current market valuation. A final sale price of between $8 and $9 billion is the most likely outcome especially with so many companies competing for content such as Apple, Amazon, Netflix, Comcast, etc.
he can ask all he wants to ask but a company is worth what someone will pay for it. Wrestling makes a lot of money but it still is way down in viewership than in the past. 9 billion may be a fair price but it will be interesting if anyone wants it for that much especially non wrestling companies that have a horrible history of failure in the wrestling business
I heard Vince is only willing to sell for $9 billion if his son in law can remain head of creative control. Also the Macho Man must continue to be portrayed in their programming as a second or third tier superstar.
The whole thing was a WORK!! By overpricing his company out of reach for reasonable yahoos, just like defense contractors screwing the government over.
WWE is worth anywhere from 5.2 to 5.7B. It's a public company, you can calculate this. Folks need to stop acting like it's worth less. Vince asking for almost double (if true, i still don't think the sell was real anyway, cause there still is no confirmation of negotiation talks), but it's a good move as usual from him. Folks talk about Disney buying Lucasfilm for 5b, that's was 10 yrs ago, prices have gone up, duh.
They made a mistake selling it now. As Brian said companies and parties are paring back on spending right now. They should've cashed in back in 2020 when there were like 10 newly minted billionaires by going public and Wall Street was raking in the dough. He would've had more buyers since there were more cash reserves then and could've commanded the price. Three years too late.
Still peanuts compared to how much Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony.
@@Copperstoned LMFAO that MS deal isn't going through...The only people who are OK with MS eating up the entire gaming industry are the Xbot cucks who would suck off Phil Spencer in a heartbeat..... Luckily the people with brains are against MS buying the third largest publishing house in the world after just buying Zenimax on of the top 15-20 game publishing houses.....The people who matter are the ones asking the intelligent questions and IF Activision's board wants to cash out, they might just be forced to sell off dev studios one by one.
It wasn't like that when they first started the WWE network. You could look at almost any of the libraries they bought at first. That's why I hope Hulu or Netflix buys WWE.
What’s holding up the sale is the maintenance staff. They need to iron out if it’s going to be the same people taking care of the properties. You get someone else who doesn’t know how to trim edges and vacuum the pools, you’ve got major problems that will snowball.
I think this is a move by Vince to extend his time at WWE. No one rushes to buy the company? More time for Vince to be working behind the scenes. Someone buys it? Winning!
@@Dynaman21 Fertittas made out like bandits due to it. They spent $2 million to buy the UFC and sold for $4.5 billion to Endeavor. There's even a bit of conspiracy theory talk that if the UFC starts tanking in value at some point and Endeavor will sell it, Fertittas may buy it back again just to elevate it again and sell for more one day.
I don’t run anywhere near these numbers but if The Dallas Cowboys who are only on the air for 17-22 games are worth 5 billion and aren’t a publicly traded company 9b sounds like a steal
I figured that with nobody attempting to spend 9 billion dollars for a 6.5 billion dollar company Vince would stay in power until somebody calls his bluff
and flair(actors) can come by while you are waiting in line and hit you with his penis - Shawn Micheals (actors) can come by and sell recreational drugs out of a fanny pack. Vince(actors) can come buy and assult the moms. The list goes on. Call it the WWE experience- Disney doesnt want to invest in something that will give them a black eye out of no where
It's probably worth more like $25 billion. If I were Disney, (or anyone with $10 billion) I would buy it in a second. It's like an NFL franchise, except it has no true competitors. It is a monopoly, singular to this world; with all the legacy of WCW/NWA/AWA/territories that goes with it. HBK vs. Bret Hart at WM 12 is probably worth $1 billion alone. Hogan vs. Andre. Steamboat vs. Savage. Sting vs. the NWO. Flair vs. the 1980s. ECW. Austin vs. Rock. DX. Rey Mysterio. Jericho. Lashley. Divas. Rock vs. Hogan. Trump's Hair vs. Vince. Road Warriors. Steiner Bros. Hall & Nash. Diamond Cutters and RKOs. Mankind vs. Taker in Hell in a Cell. Lesnar vs. Angle at WM 19. Oh and, Goooooooooooolllldbeeeerrrgg. Goooooollllllldddbeeeerrrrgggg. Mean Gene interviews with the largest pythons in the world brother. Heenan and Jesse the Body on the mic. Cornette and CM Punk spewing OVW fire in shoots. JR and Lawler. The Giant becomes The Big Show. Kane and Lita. HBK vs. Taker. Bautista vs. Triple H. Just erase Cena and Roman and it's worth $50 billion. WHOOOOO
The saudis are worth a trillion plus dollars , 9 billion ain’t shit plus they could still get rights fees from universal and fox and in 5 years make their Monday back , and than raise the price and make 2 billion a year , best investment the saudis could make especially considering they want to diversify from oil , that’s why I told all these ppl who said nah they didn’t almost sell to Saudi I said where there is smoke their is fkn fire and they were testing the water and driving up the asking price from universal
The rumored price sought for the sale is being overblown. For one you always start high in negotiation and come to a final number. It’s not like $9B is some firm price that’s a take it or leave it. Secondly it’s common to see an acquisition go for a premium of a the stock price presale. So at the current price and market cap of $6.44B seeing it go for a number above that wouldn’t be out of the norm for M&A activity from a historical basis. It’s also a part of how you justify a sale for shareholders. For instance there’s no reason to justify a sale for shareholders if it went for a price at or below what the shares traded at prior to a sale, especially if it was below. For a price below the stock price it’s a worse deal for shareholders than declining a sale. But people also keep telling themselves that the sale is something that is occurring because of what happened with Vince when the reality is this plan has been in motion since the last rights deal. When WWE got their last renewal the revenue of the deal went way up from what it had ever been before. In 2013 the full year revenue from media was around $380M. That went up to $680M in 2018 and it’s almost $400M more than that now. Once the company got such a giant increase in rights fees and was now so dependent on those fees for their financial picture the sale suddenly became a reality. The rights fees is now so important that a sale needed to happen as a public company. The amount they now get isn’t sustainable to keep getting long term so a sale became reality well before now. A sale is the reason they brought Nick khan in to begin with. People with knowledge of his agreement coming into WWE have pointed out that a huge aspect of it is what he stands to earn from a sale happening. The company knew that in the future if they didn’t get another huge deal like they got this round it would slam their stock price even if it was a good deal because so much of revenue comes from media now. All other business lines for the most part have remained at stagnant levels while their leap of revenue has been almost entirely media rights. The worst case scenario if a sale didn’t happen is that maybe Nick could work some magic again to get another giant renewal for the company. It’s the reason why they’re going to find a buyer prior to any new media deal because they recognize the rising rights market is going to end at some point and they don’t want to be left holding the bag whenever it does. With so much of the family wealth being the stock price a sale or media increase means billions of dollars to the family. Now the original plan for a sale was probably always going to try and keep Vince in control in a role similar to Dana White but it was always planned to happen if you look at the steps that have been taken over the past 3 or so years. It’s been consistent positioning to be ready to solicit s buyer at this point in time ahead of the next renewal to eliminate the risk of what a renewal that was less would result in. It just seems like that wasn’t the case with how Vince forced himself back into the fold. But if you analyze all the events leading to now it’s clear a sale was the plan all along to be able to cash in the value of the stock before an eventual decline in rights fees slams the price of the stock thanks to the dependency the company developed on the rights fees for their growth and revenues.
I fear any nonwrestling company owning WWEs history of tapes. Peacock is bad enough they censored a lot of stuff but imagine Disney, they would not let any of the old stuff fly. you could say goodbye to any tapes pre2000s Id say. time to start archiving everything
The thing is this is not comparable to the sale of anything else on TV such as Disney because even Disney has competition. Buying WWE basically guarantees you a monopoly on global wrestling. Provided Vince doesn't burn it to the ground first.
The fact that Vince wants 9 billion dollars is absolutely crazy. A lot of people were saying initially that Disney would do it but they don't realize that Disney paid that much for marvel and Star wars combined. If any American company were to actually purchase WWE I still believe it would be either Amazon or Apple.
@@tomr3422 I agree, but I know that Amazon has been trying to get more live content and I've always believed that the built-in merchandising structure would be appealing to them. I only say Apple because they have enough money to start a small country and they can probably wipe their asses with 9 billion dollars. Maybe not as easily as a Saudis but still
@@Juicelee777ssj more content with such a small audience, they would be better getting the rights to old sitcoms much cheaper and they wouldnt have to own it
Just a thought i know it's highly unlikely but what if in a twist of fate, Eric Bishoff and Paul Heyman combine to acquire the funds to purchase WWE from Vince. They would come out on raw and announce their ultimate payback. Vince took their companies over years ago and now it is their turn to take Vince's company from him
$9 Billion Dollars!?!?!?!?!? Good Lord! That's a LOTTA money!!!!!! Knowing Vince the way I do, I would have sworn up and down his asking price would have been tree fiddy.
There is no reason to worry about the historical footage. I don't think that Jim understands WWE's purpose in buying it. There is a very small market for historical wrestling footage. WWE never purchased this footage to show it in full. Having control of this vast amount of historical footage makes it much easier and cheaper for WWE to produce video packages, and aids in production of the various wrestling documentaries that they are involved in. It isn't just sitting on a shelf. They use it, but just not in the context that Jim would like them to. Any company or entity that purchases WWE will need this footage for the same reasons. This footage will be around long after we are gone.
Disney only paid 4 billion for all of MARVEL Comics, and have since made 100's of billions off that investment just on making movies based off those characters. So I can't see anyone paying 9 billion for what is basically a tape library and a logo. Especially since the bottom is quickly falling out of streaming, and all the big companies (Netflix, Disney+, HBO Max) are massively cutting back on spending and looking to sell off content themselves.
That was my main fear: Jim hit the nail on the head talking about the tapes of the history of wrestling WWE owns the rights to. WWE alone is a shaky controller of all that footage but to up and sell to another corporate entity with no attachment to wrestling whatsoever is terrifying
Historians like myself and many others will always be interested in the archives. They can make bank charging an access fee on that
Another company might be way more willing to license the footage.
that was my main fear with a sale as well. We have already seen Peacock edit and butcher stuff from the attitude era as well as stuff from the 80s like Piper and half blackface not knowing what the angle was actually about.
@@sionrouge1697 Oh so you think your some type of historian?
@@sionrouge1697 lmao historian of what exactly
9 billion dollars is more than double what Disney paid for Marvel. I know there’s inflation, but Vince is nuts if this is true,
But that's a bit disingenuous as Marvel wasn't as huge back when Disney bought it as it is now. Back then it was mostly just comic books and a few movies, games, and television series spread across Sony and Fox. There was no marvel cinematic universe which is where it's current huuuuuuuuge value stems from.
@@CalSaurous marvel studios very much existed when Disney bought Marvel. The had already made Iron man, Thor, Hulk and Captain America.
Right blade movies been out marvel movies generally been out awhile and not corny ASF like 70s hulk wonder woman bullshit
@@charleslebi7297 Disney bought Marvel in 2009 (I believe), and Disney has made Marvel more valuable than ever with the cinematic universe and their continuation of it. Movies existed before Disney's purchase, but they weren't grossing billions like Avengers. And everything about the MCU has made Marvel even more valuable.
Vince doesn't want to sell. It will be a way to run the show again. Simple as that. Claim he cameback to sell the company put a price on it so high no one will buy and as time gos on Vince is running WWE again.
Vince is really just looking for the biggest difference between what he can get for WWE and what he paid for WCW.
WCW was never shopped. WWE is
6 billion is a huge difference between what WWE paid for the WCW assets and what he can get for WWE 9 billion seems like Vince is testing his luck
@@anthonymacgregor9790 Of course, I'm being over the top with it.
WCW was dumped in a fire sale because they didn't realize the tape library alone was worth hundreds of MILLIONS. Vince made his money back on WCW 10 fold with just the Flair DVD alone.
@@americanbadass88 How much did Flair's dvd make?
The Rise and Fall of ECW made crazy money too.
Travis is an absolute genius. This is one of his best thumbnails EVER.
Why? Ha.
@B Not speaking for Dylan but this thumbnail is a parody of one of the original Captain America comics from the 1940s, a fantastic parody
Does he get the show before the rest of us and then have a day or two to take something from it and create the thumbnail? He deserves twice whatever they’re paying him
The best one of all!
Cornette as Bucky Barnes...not something I thought I'd see today 🤣
That is my only concern as well. The archives. Who knows what the future of wrestling is but to lose all that history would be very sad.
Not only that but what if it all goes to some rich “WOKE” Karen and they go back and erase all the things they are offended by.
So, Vince doesn’t want to sell lol
Yup
🤣 he be like no one can afford it guys , guess I'm back in charge again 💀😭😂
@@Melo_Soul 🤔🤔🤣🤣🤣🤣🤣🤣😁😁😁😂😂😂😄😄😹😹
@@Melo_Soul LOL
Let's just say for the hell of it some company DOES hand over 9 billion WAY beyond Vince's expectations. Will he except the offer? Even if he TRULEY didn't wanna sell, he'd be a fool not to take that money
My biggest fear is the tapes just disappearing forever.
Time to get a DVD recorer and start to record whatever you like on TH-cam.
I honestly trust diehard fans to do a better job of preserving wrestling's past than any major corporation that does not value or understand the product, to do so.
Oh you mean like now
@@dominicrossitto5890 I did this with Smokey Mountain Wrestling several months back. Got all but maybe 5 episodes of the TV show burned to disc's. I don't trust streaming media.
Thats about the dumbest "fear" you can have.. the catalog the WWE has is a big asset.. who in their right mind would pay all the money to purchase the WWE and just decide to bury or erase all that content? In fact it's the biggest asset the WWE has.
@@adrianpheiffer9960The wwe would, as that's exactly what they're doing. Have you seen any SMW stuff for example other than 1 or 2 matches? Exactly. They're sitting on it.
I bet how Vince came up with the 9 billion number is to take what the Fertitas got for the UFC sale, double it and add one billion out of pettiness/competitiveness.
He's a maniac. Gotta love Vince.
3 billion has to be accounted for potential hush money too
You also forget its to fuel his ego
if i was Vince i would ask for 9 BILLION and 25 cents! and DEMAND that quarter up front just to be petty. i still don't think Vince was ever serious about selling honestly. WWE is Vince's baby. I do think he regrets going public though and having a board to go through EVERYTHING all though sometimes thats a good thing since now Vince can't do stupid shit like the WBF anymore....
@@BeyondDaX I always had a feeling that not only does Vince not want to retire but he also doesn’t really want to sell the WWE ! He probably wants things to go back to the way things were now that he’s paid hush money to whomever!! 🙄
Wwe stock valuation is around the 6 billion mark
So Vince isn’t just plucking numbers out of thin air
George Lucas got 4 billion for his Lucasfilm Empire. I think TMNT sold for only 75 million. GARFIELD was also sold a few years back.
Lucas got 4 billion cash....Which Lucas also gave 4 billion dollars to charity the next day....He was also given some stock options which is all he kept.
And Lucas has regretted selling ever since now that disney has KILLED Star Wars. All though there is only so much you can do with a glorified toy line which is what Star Wars became
@@americanbadass88 It was ruined long before Disney ever bought it.
@@americanbadass88 Watch Andor if you think that lol. Star Wars is doing just fine.
@@americanbadass88 Lucas already soiled the franchise with his constant editing the ot several times over since the 90's then making the garbage prequels and then re-editing the ot again to make it fit in with his garbage prequel trilogy instead of making the prequels fit in with the ot.
For 9 billion dollars you could buy 2 NFL franchises and actually make money!
Speaking of franchises, that is what the NWA should have done. Hell wrestling in general
Damm.. what two nfl teams you buying for $9 billion? Washington might get $7-8 billion if true every team. Price goes up
XFL
@@kobefn You probably couldn't even buy the Cleveland Browns with $9 billion
😂😂😂😂😂😂 you spelt USFL wrong .. I’d get laughed at if I called Jerry Jones and was like here’s 9 billion kick rocks
Vince is only charging 9 billion to keep Tony Khan from buying it because if it was 5-6 billion he could get a partner to go in on it with him and buy it. It's Vinces biggest fear to be the victim of his own idea. Buying the competition and showing up on their flagship program.
Vince is a genius. He claims he wanted to oversee the sale of WWE. Then put a price of it so high it will not sell. And now Vince is still back to running WWE. Genius way to get back into the game.
Except that can EASILY backfire. He claimed it was to sell the company. If it turns out to be anything else, the FTC can and will come down on him. He'll see even more shareholder lawsuits. He'd lose more money than he'd gain.
That price is not high. WWE's market cap is 6.5 billion. that means that is the minimum to buy all of WWE's shares. 9 billion is not a hard number to attain. And Brian is wrong. Comcast can afford it. Disney can afford it. The Saudi's are not the only ones who can pay it. They will sell it.
@@chriskay1449 Brian isn’t necessarily saying they CANT buy it or can’t afford it, he’s looking at it from the side of an investment. Unless you’re Tony khan you aren’t buying a wrestling company to break even, you’re expecting to make a profit going forward. With the exception of the last year (probably not even a full year) wwe viewers have been steadily been dropping, their tv deals renew in 2024 - would you have confidence people will be as interested in pro wrestling in the next 15-20 years? I personally don’t at all, I think when vince is gone, hhh decides to settle down, heyman is finished with wrestling, the guys today are 15-20 years older and with changes in technology I find it very unlikely there will be as many people tuning in to watch raw and smackdown - especially if wwe becomes owned by another company or organization who thinks what they want on tv is more important than the bookers
@@chriskay1449 Brian didn't say Disney or Comcast can't afford it. He saying WHY would they buy it. Especially in a current market in which a lot of major companies are cutting costs. Taking on WWE is in no way viable.
Also, a market cap means little when it comes to actually buying something if no one's willing to buy it. Right now, the Saudis are the only team that seem in any way interested in a company that is so ridiculously expensive that it's worth more than double what Disney paid for Lucasfilm.
That possible MBS VS. Vince/America angle is gold. Vince shows up with Hulk Hogan, Sgt. Slaughter, Kurt Angle, and Jim Duggan.
JBL too and bring back Muhammad Hassan lmaoo
MBS would have their back if you knew what's what.
@@sstrykert Hassan was a Palestinian
He would fucking hate MBS
@@northleedspoppa I think Sami Zayn would be more of an issue🤔
@@northleedspoppa I didnt know the politics of it but still have him on the Saudi side as the leader lmao
Travis isn't paid enough. These thumbnails are his best work
I wonder how much $$ he gets for each one
We need a full podcast of Jim cornette doing the kevin dunn impressions 🤣
That would be one epic omnibus.
@@TheReal_DeanD we need to figure out how to send this request to Jim and brian
Especially with the beaver noises, with this teeth sticking out. We need more of that on video.
Don’t think there’s enough content for even a mini bus..
Hahahaahhaha true
“Lock stock, and barrel in paralegal” 😂
I fucking screamed out loud
It's a good thing I saved all of my classic VHS Tapes, and DVDs, you never know when one day we won't have access to any of the older footage from the 60's, 70's 80's 90's I have an entire VHS and DVD collection in my basement. Alot of it I've been collecting over the past 30 years. Plus many of my older classic content that I have on VHS was given to me by my grandfather before he passed away.
Due to deterioration,i would advise transferring the VHS tapes to DVD. they sell machines that do that for a low number ($150 or less years ago) i have VHS tapes of MTV vids from '87 and they didnt hold up too well. Just saying,if u cant realistically pay to transfer them all atleast do a few of the really special/Fav matches.
@@dwade6322 Do you/are you interested in making extra dvd copies to sell to fellow fans who may want copies of your content?
You ask for $9 bil so when they get it for $6 bil it seems like they got a deal
Exactly. Basic bartering.
The current market cap is $6.5 billion so why would the shareholders agree to sell it for a loss? A final deal of $8 - $9 billion will be reached. A $9 billion sale represents about a 38% premium over the current market capitalization which is in line with the typical public to private sale.
The stock market price to by all the wwe stock is around 6 billion
So how would that “be a deal”
They should have sold it 20 years ago after Rock and Austin left. It’s been a joke ever since.
Sell at your peak. That's how you do it.
So have you 👌🏻
Yet... You still watch
Jokes on you cuz you’re still watching
BRING BACK MIDGET WRESTLING!!!
If I bought it…
I would start tracking things for 3 months
1. Merch sales
2. Decibels of crowd noise from introduction through the match and following the match (also includes promos)
3. TV Ratings during appearances
Then after 3 months I strip all belts…all
Secretly use all of that data to make a tournament booking winners based on the data but also allowing for live reactions
Heels could turn face…faces could turn heel in an effort to sway the crowd
Would take months to determine new champions…but for the most part the will of the people would be heard
$9 Billion? that is a lot of NDA money.
thats many paralegals and a few female refs
Actually, $9 billion is in line with the premium that shareholders would expect for WWE (or any company) to be taken private. The current market capitalization of WWE is about $6.5 billion so a sale price of $9 billion represents about a 38% premium over the current value. Slightly to the high end, but in the range of what the market has been historically for public to private sales, especially for strong companies that dominate their sector. For example; Microsoft paid a 49.5% premium for LinkedIn, which turned out to be a great investment for MS. The WWE brand will likely continue to generate revenue into the future and the shareholders (including McMahon) will not just 'give' it away at current market valuation. A final sale price of between $8 and $9 billion is the most likely outcome especially with so many companies competing for content such as Apple, Amazon, Netflix, Comcast, etc.
he can ask all he wants to ask but a company is worth what someone will pay for it. Wrestling makes a lot of money but it still is way down in viewership than in the past. 9 billion may be a fair price but it will be interesting if anyone wants it for that much especially non wrestling companies that have a horrible history of failure in the wrestling business
I heard Vince is only willing to sell for $9 billion if his son in law can remain head of creative control. Also the Macho Man must continue to be portrayed in their programming as a second or third tier superstar.
Based on how unpopular pro wrestling is today that's insane. Maybe 2 billion tops. 🤔
The stock price by itself is more than that in totality I believe
That want to be handsomely rewarded for consistently putting out a mediocre product. That shouldnt be how it works but it wont matter, sadly.
Less popular but not unpopular
@@brianhalligan9268 Yes, the stock is currently worth $6.5 billion.
@@Hedgehobbit for now...
Brian is SO good at his job! Great stuff!
Vince McMahon will NEVER Retire!!!…. 💯
Out Priced himself
The whole thing was a WORK!! By overpricing his company out of reach for reasonable yahoos, just like defense contractors screwing the government over.
You could make cheese out of how poorly this aged
WWE is worth anywhere from 5.2 to 5.7B. It's a public company, you can calculate this. Folks need to stop acting like it's worth less. Vince asking for almost double (if true, i still don't think the sell was real anyway, cause there still is no confirmation of negotiation talks), but it's a good move as usual from him. Folks talk about Disney buying Lucasfilm for 5b, that's was 10 yrs ago, prices have gone up, duh.
They made a mistake selling it now. As Brian said companies and parties are paring back on spending right now. They should've cashed in back in 2020 when there were like 10 newly minted billionaires by going public and Wall Street was raking in the dough. He would've had more buyers since there were more cash reserves then and could've commanded the price. Three years too late.
This is probably my favorite Travis JCE thumbnail ever! I audibly released! 👏🏾😆
This is the finest artwork in the history of our great sport.
If Vinnie will actually get 9 bils for WWE, he will be the greatest businessman ever
Vince will never beat PT Barnum.
"There is a sucker born every minute." - PT Barnum
greatest businessman ever? thats a joke! Just like WWE is today.
@@oriondx72 Is that you Tony Khan
@@Hakeem990 is that you, vincel?
@@thegoughandbordenfamily8234 😴😴
The opening figure is always inflated. This is negotiating, Jerry.
Definitely should of used dr evil as Vince in the picture 😭
Marvel Comics and Star Wars didn’t cost Disney $9 Billion, no way WWE sells to anyone (beside the Saudis) for that amount.
9 billion is only still a quarter of what Elon Musk paid for Twitter...
Still peanuts compared to how much Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony.
And he bought a lemon
and that is still a joke - a quarter of stupid is still stupid
@@Copperstoned LMFAO that MS deal isn't going through...The only people who are OK with MS eating up the entire gaming industry are the Xbot cucks who would suck off Phil Spencer in a heartbeat.....
Luckily the people with brains are against MS buying the third largest publishing house in the world after just buying Zenimax on of the top 15-20 game publishing houses.....The people who matter are the ones asking the intelligent questions and IF Activision's board wants to cash out, they might just be forced to sell off dev studios one by one.
@@larryschultz9184 twitter was worth 5 billion tops.
Oh my god Cornette.... That's how Vince can spin this! For the first time ever, face turn by the Mr. McMahon character!🤣
Face turn nothing, that's what Vince wants you to think lol
Even to this day, the only AWA you can see on the network is two episodes with Shawn Michaels. For Smoky Mountain, it’s three episodes with Jericho.
It wasn't like that when they first started the WWE network. You could look at almost any of the libraries they bought at first. That's why I hope Hulu or Netflix buys WWE.
The thumbnail art is so awesome! First appearance of 'Cap!
I been saying from Day 1 of this situation that the deal will announced right after Mania. The timing just lines up too well....
If anyone is familiar with Stamford, CT. They’ve moved into the old UBS building. It’s a prime location.
WWE wouldn't be worth $9 billion even if they got paid cash every time people even said the word wrestle.
Its 4am here in Syd, Aus. Always good to catch up with Jim late at night.
Late night?! That's early morning bro...lol.
Great art as always!
If MBS were to come out at Wrestlemania it would be more shocking than Shane coming out on Nitro
Vince: It’s just a matter of time, cuz you got
NO CHANCE! NO CHANCE IN HELL (of buying my company)!
What’s holding up the sale is the maintenance staff. They need to iron out if it’s going to be the same people taking care of the properties. You get someone else who doesn’t know how to trim edges and vacuum the pools, you’ve got major problems that will snowball.
Made me chuckle..
Jim and Brian need to start a streaming service with their collection of old wrestling
That's the Snowman's announcement on Wednesday, daddy's splashed the cash and TK is gonna book all of WWE next
Keep dreaming, little guy
@@anonymousbo0318 Ain't my dream little guy. It's a joke mark
Oh, God. Please, no! LOL
I think this is a move by Vince to extend his time at WWE. No one rushes to buy the company? More time for Vince to be working behind the scenes. Someone buys it? Winning!
If Vince gets $9B for the WWE, he's the greatest con man since Bernie Madoff!
I’m convinced Vince set $9 billion as the price point solely so he could say the WWE is worth twice as much as the UFC.
How much is ufc worth compared to wwe
@@atimetraveler4910 Endeavor bought it for $4.5 billion.
@@Dynaman21 Fertittas made out like bandits due to it. They spent $2 million to buy the UFC and sold for $4.5 billion to Endeavor. There's even a bit of conspiracy theory talk that if the UFC starts tanking in value at some point and Endeavor will sell it, Fertittas may buy it back again just to elevate it again and sell for more one day.
I don’t run anywhere near these numbers but if The Dallas Cowboys who are only on the air for 17-22 games are worth 5 billion and aren’t a publicly traded company 9b sounds like a steal
Love the Jack Kirby Cap homage. One of Travis's best!
Star Wars went for 4 billion. I know there's been inflation since then but there's no world where WWE should be worth more than Star Wars.
I figured that with nobody attempting to spend 9 billion dollars for a 6.5 billion dollar company Vince would stay in power until somebody calls his bluff
Vince said, “They drove a dump truck full of money up to my house, I’m not made of stone!”
I’d have thought Amazon would be a pretty good home for the whole thing. They’ve probably got the same human rights record as the Saudis too.
I figured he will want such a high amount for the company that he wouldn’t end up selling it. Almost like this was his plan.
9 Billion dollars for a broken wrestling promotion? I wouldn't pay 9 cents!
In the end we'll find out Jim bought all the old school southern rasslin tapes
I’ll take it! I hope McMahon will take a post-dated check.
After Wrestlemania Vince will announce no one would meet his price so he's not selling, and Paul will be sitting at home with Steph.
_"Coming 2024 to Xbox Game Pass - The WWE"_
Vince can ask for 9 billion dollars. it doesn't mean that he gets it. If the sale happens at all, Vince ends up with about 2 billion at most.
I saw somewhere that even the saudis laughted at that price
The company current is worth more than $6 billion.
@@yoholmes273 not a billion more.
I agree with everything stated. An agreement was probably reached as well when this was first announced.
When TGBL said "Bring on partners or banks" I thought it was gonna segueway into a sponsor plug. Lol
McMahon on his way to turning his whole body gold like Homer Simpson
LOOK CLOSER, LENNY!
Thats a lot of paralegals
Definitely wouldn't happen... but it would be the funniest thing ever if a buyer steps forward and, of all people, it's Ted Turner.
Yeah hilarious
With Ric Flair!
"The consortium was ME! WOOOOO"
Sell it to Disney, let 'em build a WWE theme park so I can take a chair shot from a guy dressed as the Gobbledy Gooker.
and flair(actors) can come by while you are waiting in line and hit you with his penis - Shawn Micheals (actors) can come by and sell recreational drugs out of a fanny pack. Vince(actors) can come buy and assult the moms. The list goes on. Call it the WWE experience- Disney doesnt want to invest in something that will give them a black eye out of no where
Disney doesn't want any of that smoke. They took a major bath on the 20th Century Fox movie deal.
It's probably worth more like $25 billion. If I were Disney, (or anyone with $10 billion) I would buy it in a second. It's like an NFL franchise, except it has no true competitors. It is a monopoly, singular to this world; with all the legacy of WCW/NWA/AWA/territories that goes with it. HBK vs. Bret Hart at WM 12 is probably worth $1 billion alone. Hogan vs. Andre. Steamboat vs. Savage. Sting vs. the NWO. Flair vs. the 1980s. ECW. Austin vs. Rock. DX. Rey Mysterio. Jericho. Lashley. Divas. Rock vs. Hogan. Trump's Hair vs. Vince. Road Warriors. Steiner Bros. Hall & Nash. Diamond Cutters and RKOs. Mankind vs. Taker in Hell in a Cell. Lesnar vs. Angle at WM 19. Oh and, Goooooooooooolllldbeeeerrrgg. Goooooollllllldddbeeeerrrrgggg. Mean Gene interviews with the largest pythons in the world brother. Heenan and Jesse the Body on the mic. Cornette and CM Punk spewing OVW fire in shoots. JR and Lawler. The Giant becomes The Big Show. Kane and Lita. HBK vs. Taker. Bautista vs. Triple H. Just erase Cena and Roman and it's worth $50 billion. WHOOOOO
yessss jim w/ the chicago reference “25 or 6 to 4” 😂
This is Vince saying "yeah we want the Saudi deal".
I reckon this is just a ploy from Vince - make the sale price so high the company is never sold so he just stays in charge. Man is a genius.
obviously Vince is starting the bid at a really high price so the counter offers will be still a huge amount of money
Brian , u are probably right , closing it at mania 🤣🤣🤣
The saudis are worth a trillion plus dollars , 9 billion ain’t shit plus they could still get rights fees from universal and fox and in 5 years make their Monday back , and than raise the price and make 2 billion a year , best investment the saudis could make especially considering they want to diversify from oil , that’s why I told all these ppl who said nah they didn’t almost sell to Saudi I said where there is smoke their is fkn fire and they were testing the water and driving up the asking price from universal
The rumored price sought for the sale is being overblown. For one you always start high in negotiation and come to a final number. It’s not like $9B is some firm price that’s a take it or leave it. Secondly it’s common to see an acquisition go for a premium of a the stock price presale. So at the current price and market cap of $6.44B seeing it go for a number above that wouldn’t be out of the norm for M&A activity from a historical basis. It’s also a part of how you justify a sale for shareholders. For instance there’s no reason to justify a sale for shareholders if it went for a price at or below what the shares traded at prior to a sale, especially if it was below. For a price below the stock price it’s a worse deal for shareholders than declining a sale.
But people also keep telling themselves that the sale is something that is occurring because of what happened with Vince when the reality is this plan has been in motion since the last rights deal. When WWE got their last renewal the revenue of the deal went way up from what it had ever been before. In 2013 the full year revenue from media was around $380M. That went up to $680M in 2018 and it’s almost $400M more than that now. Once the company got such a giant increase in rights fees and was now so dependent on those fees for their financial picture the sale suddenly became a reality. The rights fees is now so important that a sale needed to happen as a public company. The amount they now get isn’t sustainable to keep getting long term so a sale became reality well before now.
A sale is the reason they brought Nick khan in to begin with. People with knowledge of his agreement coming into WWE have pointed out that a huge aspect of it is what he stands to earn from a sale happening. The company knew that in the future if they didn’t get another huge deal like they got this round it would slam their stock price even if it was a good deal because so much of revenue comes from media now. All other business lines for the most part have remained at stagnant levels while their leap of revenue has been almost entirely media rights. The worst case scenario if a sale didn’t happen is that maybe Nick could work some magic again to get another giant renewal for the company. It’s the reason why they’re going to find a buyer prior to any new media deal because they recognize the rising rights market is going to end at some point and they don’t want to be left holding the bag whenever it does. With so much of the family wealth being the stock price a sale or media increase means billions of dollars to the family.
Now the original plan for a sale was probably always going to try and keep Vince in control in a role similar to Dana White but it was always planned to happen if you look at the steps that have been taken over the past 3 or so years. It’s been consistent positioning to be ready to solicit s buyer at this point in time ahead of the next renewal to eliminate the risk of what a renewal that was less would result in. It just seems like that wasn’t the case with how Vince forced himself back into the fold. But if you analyze all the events leading to now it’s clear a sale was the plan all along to be able to cash in the value of the stock before an eventual decline in rights fees slams the price of the stock thanks to the dependency the company developed on the rights fees for their growth and revenues.
It's not about the price. Vince just has to find a good way to bury and job out his family in the process.
What does a wrestling ring cost, and how many do they have?????
George Lucas must be kicking himself for selling Star Wars for "only" 4 billion.
0:08 Papa Oomma Mow Mow Papa Oom Mow Mow
I fear any nonwrestling company owning WWEs history of tapes. Peacock is bad enough they censored a lot of stuff but imagine Disney, they would not let any of the old stuff fly. you could say goodbye to any tapes pre2000s Id say. time to start archiving everything
What a time to be alive ❤️🔥
Probably the boringest lamest time to be alive to be honest. Pg Era and woke culture is a living hell.
The thing is this is not comparable to the sale of anything else on TV such as Disney because even Disney has competition. Buying WWE basically guarantees you a monopoly on global wrestling. Provided Vince doesn't burn it to the ground first.
I hope Apple swoops in and buys WWE, Comcast, Disney all at once🤣🤣
The Dallas Cowboys are valued at $8B there is no way that this gets $9B lol
Price doesn't exactly scream "Please buy me".
That price is beyond absurd and absolutely incorrect. Vince might be smoking crack
Around 5 Billion is the real price
"Do you try to self distribute and would it even work?" Well, the network was phenomenal while it lasted...
The fact that Vince wants 9 billion dollars is absolutely crazy. A lot of people were saying initially that Disney would do it but they don't realize that Disney paid that much for marvel and Star wars combined. If any American company were to actually purchase WWE I still believe it would be either Amazon or Apple.
not much value for either Amazon or apple- especially at a over inflated price
@@tomr3422 I agree, but I know that Amazon has been trying to get more live content and I've always believed that the built-in merchandising structure would be appealing to them. I only say Apple because they have enough money to start a small country and they can probably wipe their asses with 9 billion dollars. Maybe not as easily as a Saudis but still
@@Juicelee777ssj more content with such a small audience, they would be better getting the rights to old sitcoms much cheaper and they wouldnt have to own it
Just a thought i know it's highly unlikely but what if in a twist of fate, Eric Bishoff and Paul Heyman combine to acquire the funds to purchase WWE from Vince.
They would come out on raw and announce their ultimate payback. Vince took their companies over years ago and now it is their turn to take Vince's company from him
9 billion dollars means you can spend one dollar, every second, for the next 324 YEARS!
He really wants the Lamp. Vince loves Lamp.
$9 Billion Dollars!?!?!?!?!? Good Lord! That's a LOTTA money!!!!!! Knowing Vince the way I do, I would have sworn up and down his asking price would have been tree fiddy.
Disney bought Star Wars from George Lucas for 4 billion dollars 11 years ago...man, these corporates play with so much money it's frightening
For 9 billion you can buy 2 good sports teams/franchises in any sport. I’d rather do that than buy the wwe .
that’s coz he’s not tryna sell it , he’s just playing games, this is a whole wwf attitude angle with heel vince in full form
This sounds like the guy whose wife said sell those old toys in the garage sale this weekend so he prices things so high no one will buy them.
There is no reason to worry about the historical footage. I don't think that Jim understands WWE's purpose in buying it. There is a very small market for historical wrestling footage. WWE never purchased this footage to show it in full. Having control of this vast amount of historical footage makes it much easier and cheaper for WWE to produce video packages, and aids in production of the various wrestling documentaries that they are involved in. It isn't just sitting on a shelf. They use it, but just not in the context that Jim would like them to. Any company or entity that purchases WWE will need this footage for the same reasons. This footage will be around long after we are gone.
Disney only paid 4 billion for all of MARVEL Comics, and have since made 100's of billions off that investment just on making movies based off those characters. So I can't see anyone paying 9 billion for what is basically a tape library and a logo. Especially since the bottom is quickly falling out of streaming, and all the big companies (Netflix, Disney+, HBO Max) are massively cutting back on spending and looking to sell off content themselves.
Welcome to Sunday Mania!! 🤣🤣🤣🤣🤣