This Week in Wrestling 2021 Week 22

Brian Damage

It’s Saturday and today we have ’This Week in Wrestling’, the 22nd of 2021. Today Brian talks about the increasing rumblings of Vince McMahon possibly selling WWE and shares all the best wrestling content from this week.

Is WWE for Sale?

It may seem unthinkable, even improbable that Vince McMahon would sell World Wrestling Entertainment. Yet the business maneuvers that he and his company have made over the last year or so may prove otherwise. Of course, it is all rumor and speculation at this point….but is it really possible? McMahon and his family turned his father’s regional wrestling promotion into a global juggernaut. That is undeniable. The blood, sweat and tears of his often cartoon circus of wrestlers and various gimmicks have made Vince billions of dollars.

The last few years, it has been reported that the McMahon family have sold off a number of their personal stocks within the company. The WWE network was basically dissolved and all their valuable content rented out to another streaming service. There has been a lot of restructuring of their corporate hierarchy, with some people being let go and others being promoted to high level positions. WWE secured big money television contracts and made several other deals that raked in millions, if not billions.

The WWE has shut down corporate offices in Australia and Asia…cutting staff globally by over 10% and saving roughly 8 million dollars in doing so. The company also shut down their talent management group that helped WWE superstars grow their individual brands. Some longtime employees that have been with Vince for 30 years or longer were either fired or offered retirement. All of these moves could simply be your typical corporate restructuring or budget cuts because of the global pandemic. Many of these maneuvers did not make fans bat an eyelash.

What has got fans and critics talking are the releases of talent that have transpired since Wrestlemania 37. Some names were not surprising in the least, while others got people to scratch their heads in confusion. While extremely talented, nobody really will talk about men and women like Buddy Murphy, Lana or Ruby Riott getting cut. Then there are those others like Aleister Black who was just as recently as last week was getting repackaged and re-pushed. The biggest head scratching release, however, is reserved for the ‘Monster among Men’ Braun Strowman. Here was a prototypical “Vince McMahon Guy.” A name wrestler who is big and strong and was pushed heavily as a star.

Sure, Strowman has suffered some injuries recently, but he was just resigned to a lucrative deal. A guy that certainly would scare Vince to let go and show up on his competitions airwaves. Was it all cost cutting or something bigger than that? Usually companies for sale will restructure and get rid of high costs to look a lot more appealing to buyers. Is that the case here? Are we about to witness one of the biggest wrestling stories in years? There are a lot of rumblings that McMahon has been shopping his company around to test the waters so to speak. I’ve always been a believer in where there is smoke, there is fire.

Does it seem so improbable of happening? Perhaps, but as a whole we have seen some crazy things happen in this world recently, so nothing will absolutely shock me. WWE may be Then, Now and Forever…but will the McMahon family attached to it?


Photo Gallery

Awesome mash up of Bob’s Burgers and the NWO

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The new American Dream Cody Rhodes

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The Million Dollar Man Ted Dibiase recently has been a part of a storyline in NXT. Dibiase legitimately has a petition to have WWE recognize him as a former WWF champion.

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A cool collage of some of Ric Flair’s robes…

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Randy Poffo…whatever happened to that kid?

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Soooo THAT is what’s in Michael Hayes’ fanny pack!

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The time the Three Stooges became pro wrestlers.

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This cake is All Elite!

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NXT’s Adam Cole and his BAY BAY new AEW women’s champion Britt Baker

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Indie wrestler Bianca Carelli (Santino Marella’s daughter)

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Mystique

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Recently released NXT wrestler Santana Garrett and friend.

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Allysin Kay

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Mia (Lanz) Mafia quickly becoming a favorite of the Lashley Ladies.

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Video Gallery

A great Macho Man Promo

 


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3 thoughts on “This Week in Wrestling 2021 Week 22

  1. I have a question. I know that the library and much of their content is worth something but what about WWE as a whole when they go on sale? I’m thinking about WCW 2000 when they lost more than $60 million and by 2001 when they were purchased by AOL-Time Warner, they were a massive drain to that corporation and ended up being sold to WWE for $3 million. Given the fact that WWE’s product is such shit and cutting talent that they could’ve used to help them in the future.

    Let’s say years from now and there’s no light at the end of the tunnel as the product continues to be shit to the WWE’s stock drops to the bottom and TV ratings are at its lowest. They’ve driven away viewers to not just MMA but also to their competitors in AEW, NWA, New Japan, MLW, Impact, ROH, and other companies around the world who have all banded together for the sake of pro wrestling. Who will buy WWE and for how much and will it continue in such a way where it had been damaged and overproduced? What value would it have for NBC or Fox or even Disney if they decide to buy it.

    I know WWE wants to be this brand similar to Major League Baseball, NBA, NFL, Coca-Cola, McDonald’s and all of that but there is no way it could be up there with the value of those brands. Even in its current state as it’s just shit. If I was a multi-billion dollar mogul who ruled the world and hear that WWE is for sale. I’d be looking at the numbers first to see if it has any value other than its library and if I saw what the product is now. I would make an offer to buy the library but not the company in its current state. I know I’ve been calling for WWE’s end for years now but now I’m thinking it could still be there or we could be see the end sooner than we realize.

    Liked by 2 people

    • There have been some small rumblings that NBC may be interested in purchasing WWE as a whole. The price tag I think I read was 3 or 4 billion. Whether there is some semblance of truth to that…I have no idea.

      Liked by 2 people

  2. It certainly looks that way doesn’t it? Seems like Vince would rather sell this company than let his kids run it. Now I’ve heard that if he does sell, there’d probably be a clause in the contract that would state that whoever buys the company ,Paul, Steph and Shane would have to be kept on in some capacity. Not sure how true this is, but I could see that being done so at least his kids would still have jobs. We’ll see….personally such a move would be THE ultimate game-changer for the business, who’s results would be felt for literal decades after.

    Liked by 2 people

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