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Claim Suggests Nick Khan Will Receive Multi-Million Dollar Sum When WWE Is Sold

Nick Khan could soon have many millions in the bank

WWE Co-CEO Nick Khan could be doing snow angels in a pile of money within six months if a new claim is to be believed. 

According to Conrad Thompson, Nick Khan is set to receive a multi-million dollar sum if he helps facilitate a WWE sale.

"I've been saying on this programme for a while that WWE was going to sell. You know why I said that? Because I knew. Remember when Nick Khan first joined WWE? When he joined, he was an agent. I happen to have some friends who need representation like that. My friend was represented by the same company that Nick Khan was sort of running. When my friend sees that this guy who runs this big agency is now going to WWE, he thought, 'What the f**k? This doesn't make any sense.' He called his contact, 'What's up with Nick going (to WWE)?' He said, this is years ago, [Nick] has a deal with Vince where his contract gets a big payday when he helps facilitate a sale," Thompson said on What Happened When.

"He told me the number, I won't say the number because that's talking about someone's money and that's not cool, but let's say this, it's more than AEW's TV contract is for a year. It's a lot. I've heard back channel, before Mean Gene [Gene Okerlund] passed, he said, 'I heard from...' I won't say who he heard from, 'when the stock gets to so and so...' this has been brewing for a while."

WWE is currently up for sale following the return of Vince McMahon, who elected himself, George Barrios, and Michelle Wilson to the Board of Directors on January 5. The company have reportedly hired JPMorgan to help advise on a sale and the hope is a deal will be completed within the next six months. McMahon has final approval of any sale due to his status as majority shareholder. 

AEW's TV deal reportedly earns the company approximately $45 million per year. 

H/T to Fightful

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Aidan Gibbons

Written by Aidan Gibbons

Editor-in-Chief of Cultaholic.com Twitter: @theaidangibbons