-

WWE officers to receive big bonuses following sale transaction

In new documents filed with the United States Securities and Exchange Commission it was revealed that Nick Khan, Frank Riddick III, and Paul Levesque will receive big bonuses for their significant contributions to the company prior to and in connection with the transaction of the sale.

WWE Chief Executive Officer Nick Khan will get $15 million with the closing of the sale. WWE Chief Operating Officer Paul “Triple H” Levesque will receive $5 million, and Chief Financial Officer Frank Riddick III will also receive a bonus equal to $5,000,000.

In the event any of them are terminated by the company without cause or resign for good reason prior to the payment date, the unpaid portion of their respective bonus shall vest and become payable as of the date of termination.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Undertaker’s 1 deadMAN SHOW returning for three dates in December

Undertaker's 1 deadMAN SHOW is returning for three dates in December across three of Texas' biggest cities: Dallas, Houston,...

Chris Bey suffers serious injury at TNA TV tapings

Former TNA Tag Team champion Chris Bey suffered a serious injury on Sunday at the TNA Impact television tapings...

WWE turns down TNA’s request to induct AJ Styles into its Hall of Fame

Sean Ross Sapp of Fightful Wrestling is reporting through his Select service that TNA Wrestling approached WWE to induct...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading