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World Wrestling Entertainment gave a very enthusiastic look at its future on the 4/22 investors conference headed by President Nick Khan, with Chief Brand Officer Stephanie McMahon and Chief Financial Officer Kristina Salen.
Like with the last call, Vince McMahon opened, said a few words and was never heard from again, with Khan impressively handling the questions.
The key with Khan is his knowledge of the sports media industry is so impressive, as he talked about the NHL deal and that he doesn’t believe NBC will get the second half of the package, Amazon Prime and Apple TV being players going forward and how the big players, and he considers WWE a big player, will thrive in this marketplace but that unproven companies will be hurt because the big media companies are spending so much on the big players and there’s only so much money going around.
McMahon Family WWE Employment Agreements, Total Compensation Revealed
(Photo Credit: WWE)
As noted, WWE filed a proxy statement on Tuesday that revealed base salaries for WWE Chairman & CEO Vince McMahon, President & Chief Revenue Officer Nick Khan, Executive Vice President of Global Talent Strategy & Development Paul “Triple H” Levesque, Chief Brand Officer Stephanie McMahon, and Chief Financial Officer Kristina Salen.
The SEC filing also included employment and booking agreement details for Khan, Vince, Triple H, Stephanie, and Shane McMahon.
Triple H is under a booking agreement that runs until March 30, 2022. After that it will extend for successive one year periods unless either party gives notice of non-extension. Under the agreement, Triple H is entitled to a minimum guaranteed annual payment of $1 million, which WWE is entitled to recoup from all payments under the agreement, including pay for performing in live and TV events, and royalties for merchandise sold with