Backstage News On WWE Employee Meeting After Vince McMahon's Return

Hot on the heels of Vince McMahon's return to WWE, the company held a meeting with their employees on Friday afternoon.

PWInsider would provide a number of details as to what was said to WWE employees during the meeting, which was around ten minutes long, with the conversation being described as an "all hands on deck" conversation.

Chairwoman and Co-CEO Stephanie McMahon, Co-CEO Nick Khan, and President & CFO Frank A. Riddick III were said to have led the meeting on the back of Vince making a comeback to the company as part of the Board of Directors. On top of making that return official, the trio would also reiterate that no changes to management or their responsibilities would be made at this time, meaning that Paul Levesque and the three figures leading the meeting would remain in their current roles going forward.

Vince's return was also pushed as a big positive for WWE, and a call that would give the organisation everything it needed to make the most of any future rights revenue sales (things like new deals for their weekly Raw and SmackDown shows).

The potential sale of the company was also touched upon in the conversation, with it being said that the company would now gauge the market for a possible sale of WWE with Vince back on-board. And his return would also help get the entire company on the same page when it comes to maximising WWE's potential heading into the future.

The company would also be looking at potential sale offers before any rights negotiations, just in case that would be a greater benefit (in other words, more lucrative) than simply another round of just selling their TV rights. However, it was also stressed that a sale may not even happen, with it being said that it shouldn't be assumed that a sale would go down. At the end of the day, Vince McMahon will have the final say in any sale as the controlling shareholder.

The possibility of going private again was also described as a "possible avenue" for WWE if this was "the best outcome for shareholders." Though it's worth noting that this was merely mentioned as one of the potential strategic options and not as something they will definitely be doing.

PWInsider were told that the meeting was described as very much a "rah rah" conversation to try and raise the spirits of the WWE troops. They didn't take any employee questions, however.

Just seven-days into the year, 2023 is already shaping up to be just as eventful as 2022, with Vince McMahon's return after retiring in disgrace on the back of sexual misconduct allegations several months ago also bringing with it the comeback of one-time board members Michelle Wilson and George Barrios, too.