Nick Khan's WWE Contract Extended Through 2026
This should held end the speculation about the WWE President's future.
Current WWE President Nick Khan isn't going anywhere, despite rumours about his future circulating last week.
Speculation was rife when reports suggested that Khan was selling off his WWE stock. While Khan has yet to sell any shares, he did go through the process of posting his current allotment of 234,424 when WWE and UFC merged to form TKO back in September.
An SEC filing from March revealed that Khan had extended his contract agreement, keeping him with WWE through 2026. As part of this amendment, Khan received a further 153,676 shares in TKO stock. This stock will vest in thirds every December through the duration of his deal.
Khan is under no obligation to sell any of his listed shares. The process of listing them is simply to make the process easier for any interested parties.
Also revealed in the amendment (per Brandon Thurston of Wrestlenomics) was that Khan's base salary upped from $1.5 million to $2 million. He also has other bonuses and benefits, including an incentive bonus that is 150% of his current salary.
WWE announcer Pat McAfee recently addressed the speculation surrounding Khan's WWE future, calling it a 'bunch of bullsh*t'.
Written by Lewis Howse
Features journalist for Cultaholic.com and script writer for the Cultaholic YouTube Channel.