WWE Considering Making An Acquisition In Boxing, CO-CEO Says

WWE is looking at entering the business of boxing.

Boxing and WWE have crossed over multiple times from Muhammad Ali to Mike Tyson to Tyson Fury and many more, yet WWE has never actually been in the business. Now, however, WWE Co-CEO Stephanie McMahon recently stated that one of the potential areas for growth for the company is mergers and acquisitions.

During the sixth annual Wells Fargo TMT Summit in Las Vegas on Nov. 30, Wells Fargo analyst Steven Cahall asked McMahon to elaborate and provide color on what those future acquisition plans could look like for the WWE. 

“Just to give some examples of what I meant by that, [an acquisition] has to align with our core capabilities, right, so whether that’s smaller wrestling promotions, say, internationally. Or it’s another bigger opportunity around a business that is, you know, kind of all over the place like boxing. Who’s the lineal champion? Who’s the WBC champion? Who’s the this — it’s kind of it’s all over the place. That’s where professional wrestling was some 40 years ago. My father, Vince McMahon, who was the Chairman and CEO, obviously, had the opportunity to roll up all of those different territories and create one major brand in WWE that has now gone from a regional, territorial, content play to a global media franchise. And how can we then replicate that in other areas, with boxing being an idea of one of them,” McMahon said (via BoxingScene).

Although Stephanie McMahon’s comments were very minimal, she didn’t elaborate on what exactly WWE wants in boxing. However, if WWE does enter the boxing business, with its fanbase and ability to promote it likely would be successful for them.