WWE could buy major wrestling promotion

WWE could buy a major wrestling promotion, according to a recent report. The pro wrestling juggernaut acquired Mexican promotion Lucha Libre AAA Worldwide in April this year, and now could end up with another wrestling company under its umbrella.

According to Dave Meltzer in the latest edition of the Wrestling Observer Newsletter (WON), WWE has the option for a "certain length of time" to buy Total Nonstop Action (TNA).

The report also mentions that WWE has the right of first refusal to match any offers for TNA. Meltzer noted that the idea behind this is that if any party steps up to buy TNA, they will have to be "friendly" with WWE.

It is mentioned that anyone being hostile to WWE won't be able to buy TNA. This comes after rumors that former UFC owner Lorenzo Fertitta is interested in buying the promotion. As it stands, any possible deal will have to go through WWE, thanks to their right of first refusal.

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Meltzer mentioned that the long-term goal from WWE is to ultimately place TNA as the number two wrestling company and push All Elite Wrestling (AEW) down the pecking order.

WWE and TNA have a working partnership

Earlier this year, WWE and TNA announced a multi-year partnership, with the Stamford-based company's Chief Content Officer, Triple H, lauding the move. This deal has allowed fresh opportunities for superstars from TNA and WWE's NXT.

Fans have seen the likes of Joe Hendry compete at WrestleMania, and several NXT stars have gone over to TNA as part of the agreement.

In fact, two of TNA's major titles are currently held by NXT stars. Trick Williams holds the TNA World Championship, while Jacy Jayne is a double champion, holding both the NXT Women's and TNA Knockouts World Championships.

WWE is also pushing for a TV deal for TNA that could see them compete against AEW.

About the author

Sherjeel Malik is a writer at Sportskeeda and covers pro wrestling. He was hooked on the product from the moment he saw The Hardy Boyz jumping off ladders during the Attitude Era. While he comes from an engineering background, Sherjeel’s love for pro wrestling and content writing led him to pursue a career in sports journalism. Before assuming his current role at Sportskeeda, Sherjeel worked at other reputable organizations for five years.

While writing articles, he ensures that he only relies on credible sources for information and covers relevant subjects that do not project an agenda against a particular person or association. WWE legend Paul Heyman once shared Sherjeel’s work on his social media handle.

Sherjeel’s earliest memory of pro wrestling is watching Stone Cold Steve Austin and The Undertaker square off for the WWE Title in the main event of a pay-per-view in 1998. His favorite wrestlers are Randy Orton and Jeff Hardy. While he admires Orton for his character work as a heel, he looks up to Jeff because of his unique wrestling style and risk-taking ability.

If he could go back to the Attitude Era, Sherjeel would like to manage Ken Shamrock and be his mouthpiece. He feels Shamrock’s promo skills prevented him from becoming a main event-level act in WWE. Hence, he would like to help the UFC Hall of Famer get over with fans.

When not writing about pro wrestling, he likes to read classics and fiction books.

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Edited by Sanchari Bhattacharya

WWE could buy major wrestling promotion - Reports

WWE and TNA have a working partnership