I'm no wrestling fan, but this is some pretty insane news.

Vince McMahon, an incredibly shady figure from what little I know of him, has had his daughter Stephanie running the organization for a couple of years. It looks like she has stepped down as CEO, and will be replaced by Nick Khan. In addition, McMahon has appointed himself Executive Chairman, stating that it's the only way for the company to return to the massive profits it once saw through the use of media rights like we once saw in the 90s and early 00s. This coincides with NBC Universal's license for the WWE expiring in 2024.

On January 7th it was reported that the WWE has hired JP Morgan to oversee a potential sale, and since then, there has been a lot of reports about the organization being sold to the Saudi Arabian Public Investment Fund, the same arm of the human rights violating government that has their tentacles all over the gaming industry, even with a 5% stake in Nintendo of all things. The official response from McMahon has been that "no deal has been inked yet" leaving the doors open for others to come in and make a deal with them. More reasonable contenders for the purchase would include NBC Universal themselves, alongside Endeavor, the company that purchased UFC.

The WWE has been a publicly traded company since 1999, and has taken more than a couple of questionable directions since then.

What do you think of a potential sale of the WWE? What are your thoughts on the Saudi Arabian monarchy having such vested interests in owning parts of Western media? Do you think they'll end up being the buyers?

When it comes to the WWE, I am always on the side of "anything can happen. no matter how weird or gross." and I'm definitely not ruling this out as a potential reality we may be faced with.

I stopped watching WWE awhile ago. For a few reasons. First a lot of my favorite wrestlers I watched when I was younger have died or retired. I just cannot get into the new wrestlers. Second, the story lines were just boring. It seems like WWE went down when it went PG. I get it they are trying to be family friendly. But originally the show was not meant for young children.

According to several wrestling sites. Stephanie and her Husband Triple H had been frustrated at times with Vince. They wanted some new ideas, new story lines and etc but Vince always nixed their ideas. Then Vince got caught in a cheating scandal. He paid 4 women millions of dollars to keep hush hush about their affair.

The board which consisted of Kahn, Stephanie, Triple H, Shane and others. Said it was time Vince stepped aside. Stephanie was put in to run the company and most likely be Vince's Successor.

Vince decides to come back and basically does a hostile takeover. Vince is majority owner and he can actually do that. Reports are that under Stephanie and Triple H WWE was making money again, attendance was up, and my friends who still watch have stated that the content has improved.

Now Vince wants to sell. This is why Shane and Steph have resigned their high positions. Potential buyers include: Disney, Saudi Arabia, Liberty Media, AOL Time Warner or somebody else.

Here is my own take on this.

Vince resigned due to the scandal. Stephanie established herself as good CEO and showed she could run the company. Under her leadership WWE starts to make money, gain viewers, and things improve. Vince's ego could not stand that. He could not stand that somebody else even a family member was doing things better. Therefore, he comes back, again he is majority owner so he can even with a board of directors. McMahon owns 70% of WWE well above the 50.1% threshold set by law. Therefore, Vince in an attempt to stick it to his daughter and son in law is going to try and sell.

This is more of revenge on Vince's part. Just my opinion though