The UFC light heavyweight made TMZ.com headlines over the weekend when he told the gossip website that he has aspirations to buy the WWE after he finishes his fighting career. Sonnen can’t do it himself but he hopes to assemble a team of investors and make Vince McMahon a deal he can’t refuse.
“It is 100% Chael’s intent to buy the WWE.” In fact, the rep says Chael is already meeting with bigwig friends in the investment world to enact his takeover.”
TMZ.com was quick to squash Chael’s investment plans. A rep from the WWE told the website that the company is not for sale. As a publicly traded company the rep told TMZ that Chael is free to purchase shares just like anyone else.
Quite honestly I am really surprised at how big of a story this became over the weekend. The first thing I thought of when I saw this story was that it was pure nonsense and Chael was just screwing around with the media. If it came from anyone else maybe, but the media should know who they are dealing with when he makes an outlandish statement like that.
That said, Chael is a big pro wrestling fan. In the buildup to his last fight against Jon Jones Chael quoted former professional wrestler Len Denton in his promos. Chael has credited The Grappler, Roddy Piper, and Steve Austin for inspiration. As a matter of a fact Chael recently revealed on Steve Austin’s podcast that he went to Steve on advice on how to cut a promo on Brian Stann. Not only that, Chael even once tried out for WCW.
Could he really buy the WWE? I would not be surprised if Chael is on the top ten list of top earners in UFC history. His two fights with Anderson Silva did monster business and early projects are very good on his fight with Jon Jones. Anything is possible but even with those big payoffs, he’d need a lot more help to purchase a company that some have valued at over $600,000,000!