WWE: Who is Nick Khan?
So much is going on in the WWE. Just this week, the fallout of Sasha Banks and Naomi walking out on Monday Night Raw was thought to be the biggest talking point. Then came news of Stephanie McMahon stepping away from her duties without even an idea of a guaranteed return. Some speculate that moves are being made to put the company in a position to sell, but that’s near impossible to confirm. One individual in the know is WWE President and Chief Revenue Officer, Nick Khan. But who is he? That’s a question worth diving into.
Khan joined WWE back in August of 2020, but his experience in the world of entertainment runs back decades. Even though his position in the company is new, Khan has a long relationship with the WWE due to his previous position in Creative Artists Agency, also known as CAA, one of the most powerful talent agencies in the world.
As of tomorrow, I am taking a leave of absence from the majority of my responsibilities at WWE. WWE is a lifelong legacy for me and I look forward to returning to the company that I love after taking this time to focus on my family.
— Stephanie McMahon (@StephMcMahon) May 19, 2022
In his time there, Khan’s work focused on creating various deals and opportunities that were meant to build revenue for the organizations he represented. One of those companies was the WWE. It was that relationship and his ability to help WWE increase revenue that made him a perfect fit for the company when they brought him in.
Since then, he’s continued to create a variety of opportunities for the WWE, such as the partnership with Rolling Loud, which has helped WWE reach record levels of profits in recent years. Khan is also said to have a part in the string of layoffs due to “budget cuts” that have impacted much of the WWE both in front of and behind the scenes.
Nick Khan will be taking over most of Stephanie McMahon's duties in her absence, according to multiple people at WWE. Select business partners have already been informed.
— Brandon Thurston (@BrandonThurston) May 19, 2022
Khan has now taken on the work that Stephanie McMahon was doing in her position. Multiple media outlets reported on his continued consolidation of power within the company, and many expect him to take over once Vince McMahon steps away from the company. He was the primary speaker during WWE’s quarterly financial calls, and with Stephanie away from her role, he will be the main presenter during those sessions going forward.
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As Khan’s influence within the WWE continues to grow, it will be interesting to see what direction the company goes in. Will WWE sell? Will it become even more of a content farm, meant to pump out content for revenue deals? What does that mean for the wrestling that fans have grown to love or hate? All of these are questions that are bubbling up to the top and there’s no telling when the answers will come to light.