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Thursday, December 9, 2021

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WWE Updates shareholders on McMahon family contracts

WWE has released the following information to their shareholders in an SEC filing.

-Vincent K. McMahon. We have an amended and restated employment agreement with Mr. McMahon. This employment agreement currently has a term ending December 31, 2021, but automatically extends for successive one-year periods unless either party gives notice of nonextension at least 180 days prior to the expiration date. 

-Paul Levesque. We have a booking agreement with Mr. Levesque which currently runs until March 30, 2022, and thereafter extends for successive one-year periods unless either party gives notice of nonextension at least 90 days prior to the expiration date. 

-Stephanie McMahon. We have a booking agreement with Ms. McMahon which currently runs until October 6, 2021, and thereafter extends for successive one-year periods unless either party gives notice of nonextension at least 90 days prior to the expiration date. 

Source: PWInsider.

Ruben Jay
Ruben Jay is an American broadcaster, media blogger, and podcast host. Currently, Ruben is the President of MultiMediaMouth.com and the executive producer and host of the popular podcasts You’re My Best Friend and ON AIR with Ruben Jay, exclusively on MultiMediaMouth.com. Follow Ruben on Instagram, Twitter, and Tiktok @TheRubenJay.

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