Nick Khan has landed an impressive bonus following WWE’s merger with UFC.
On September 12th WWE’s deal with Endeavor was finally confirmed, and the sports entertainment giant’s merger with UFC was completed. The announcement came just prior to the opening of the New York Stock Exchange, with Vince McMahon, Nick Khan, Triple H, Bianca Belair, and more on hand for the historic moment.
The merger has seen the creation of a new company named TKO Group Holdings, Inc. and marked the first time WWE hasn’t been controlled by the McMahon family since the promotion originally opened for business back in 1953.
The deal has been good news for Nick Khan, Kevin Dunn, and Triple H with all three men receiving bonuses relating to the merger.
Nick Khan landed $15 million, Kevin Dunn $7 million, and Triple H and Frank Riddick netted $5 million each.
The new corporate website for the TKO Group is now live and offers more information on the company and its Board of Directors.
What Did Nick Khan Say About CM Punk?
Following the announcement of the deal, Nick Khan was asked about former WWE star CM Punk. The former WWE Superstar and recently fired AEW figure has been a hot topic of conversation in recent weeks with his next move uncertain.
Despite his WWE career ending on a sour note in 2014, Punk has been linked with a remarkable return to the company. When questioned about the star, Khan expressed his and WWE’s respect for the former World Champion but steered well clear of giving a definitive answer.