Being on the stock exchange means WWE has to be transparent with their financial dealings and have just filed their Definitive Proxy Statement with the U.S. Securities and Exchange Commission. This document is important for shareholders ahead of their 2021 Annual Meeting of Stockholders, scheduled for May 27, 2021.
Included is lots of fascinating information, such as how much the companies share ownership is split (Vice McMahon has 92.3% of Class B shares). The fact Triple H’s talent contract expires March 30, 2022, and Stephanie McMahon’s expires October 6, 2021, but will be extended by a year unless either party gives 90 days notice. Additionally, if Vince McMahon resigns or is fired, he cannot compete against WWE for one year.
Perhaps most interestingly for fans is seeing what the McMahon family and WWE’s top executives made throughout 2020. You can read these amounts below, which include salary, stock awards, and bonuses.
Surprisingly, Khan made more than the McMahon family combined and likely more than any talent. This is especially impressive when you consider he only joined the company in August 2020. However, he has years of experience negotiating big-money television distribution deals and is regarded as a vital hire by the company.
Khan is believed to have been behind WWE getting $1 billion from Peacock over five years for their United States streaming rights, so he has already earned his pay. With him being compensated almost $13 million, he was likely paid more than anyone else in the company’s inclusion talents.
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