WWE issued the following:
WWE’s “Next In Line” Program Partners With Exos
STAMFORD, Conn.–(BUSINESS WIRE)– WWE® (NYSE: WWE) and Exos, a global leader in athlete training and human performance, today announced a partnership to provide WWE’s “Next In Line” athletes with the opportunity to train at one of Exos’ world-class training and development facilities across the United States.
Founded by world-class coach Mark Verstegen over two decades ago, Exos pioneered the field of human performance, operating in 26 countries across 400 locations, supporting over 12,000 elite athletes, including 1,000+ NFL draft picks, 99 of which came in the ’22 draft class alone, 215+ Olympians, military elite, and corporate employees from nearly 30% of Fortune 100 companies.
“An industry leader in sports performance, Exos will help enhance our NIL athletes’ experience as they transition from college athletics to WWE,” said James Kimball, WWE Head of Talent Operations and Strategy.
While working with Exos professionals, WWE NIL athletes will be introduced to the Exos Athlete Experience Program and its many sports science and data partners. The athlete intake process will see athletes go through rigorous performance, body composition, nutrition, and physical therapy testing. The baseline developed for the athletes will enable customized and fully integrated plans to ensure a foundation for optimized training.
“Exos is thrilled to team up with the WWE in an effort to meet its next generation of athletes on their journey in order to ensure success – physically and mentally – and continuity of care,” says Exos CEO Sarah Robb O’Hagan.
WWE launched its “Next In Line” program last December and currently has 25 active athletes with NIL partnerships. Three athletes from the inaugural class have joined the company following their graduation from school and have started training full-time at the WWE Performance Center in Orlando, Fla. The next class will be announced in early 2023.
Learn more about the “Next In Line” program and WWE’s recruitment process at www.wwerecruit.com.
About WWE
WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 30 languages through world-class distribution partners including NBCUniversal, FOX, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video-on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network.
Additional information on WWE can be found at wwe.com and corporate.wwe.com.
About Exos
Exos is an elite coaching company with 22+ years of experience empowering pro athletes, the military, and Fortune 100 corporate professionals to perform at their best. With industry-leading corporate wellness services, Exos is the trusted wellness source for leading brands, helping more than 400,000 employees return to their peak performance post-pandemic. With a holistic understanding of performance spanning movement, nutrition, mindset, and recovery, Exos creates customized in-person and virtual programs that empower teams to succeed in their pursuits at the office and beyond.
For additional information:
Web: https://www.teamexos.com/
Social: @team_exos
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Forward-Looking Statements: This press release contains, and oral statements made from time to time by our representatives may contain, forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Forward looking statements include statements regarding, our outlook for future financial results, the impact of recent management changes, the findings of the investigation conducted by the Special Committee of independent members of our Board of Directors; our plans to remediate identified material weaknesses in our disclosure control and procedures and our internal control over financial reporting, and regulatory, investigative or enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters. 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These forward-looking statements are subject to uncertainties relating to, without limitation, the departure of Vince McMahon from the Company and the appointment of Stephanie McMahon and Nick Khan as co-Chief 9 Executive Officers; the findings of the investigation by the Special Committee of independent members of our Board of Directors; regulatory, investigative or enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters; our ability to remediate material weaknesses in our disclosure controls and procedures and our internal control over financial reporting; and reputational harm to the Company’s relationships with its stockholders, customers, talent and partners, which may have adverse financial and operational impacts, among other factors. The following additional factors, among others, also could cause actual results to differ materially from those contained in forward-looking statements: the COVID-19 outbreak, which may continue to affect negatively world economies as well as our industry, business and results of operations; entering, maintaining and renewing major distribution and licensing agreements; a rapidly evolving and highly competitive media landscape; WWE Network; computer systems, content delivery and online operations of our Company and our business partners; privacy norms and regulations; our need to continue to develop creative and entertaining programs and events; our need to retain and continue to recruit key performers; the possibility of a decline in the popularity of our brand of sports entertainment; the resignation of Vincent K. McMahon; possible adverse changes in the regulatory atmosphere and related private sector initiatives; the highly competitive, rapidly changing and increasingly fragmented nature of the markets in which we operate and/or our inability to compete effectively, especially against competitors with greater financial resources or marketplace presence; uncertainties associated with international markets including possible disruptions and reputational risks; our difficulty or inability to promote and conduct our live events and/or other businesses if we do not comply with applicable regulations; our dependence on our intellectual property rights, our need to protect those rights, and the risks of our infringement of others’ intellectual property rights; the complexity of our rights agreements across distribution mechanisms and geographical areas; potential substantial liability in the event of accidents or injuries occurring during our physically demanding events; large public events as well as travel to and from such events; our expansion into new or complementary businesses, strategic investments and/or acquisitions; our accounts receivable; the construction and move to our new leased corporate and media production headquarters; litigation and other actions, investigations or proceedings; a change in the tax laws of key jurisdictions; our feature film business; a possible decline in general economic conditions and disruption in financial markets including any resulting from COVID-19; our indebtedness including our convertible notes; our potential failure to meet market expectations for our financial performance; through his beneficial ownership of a substantial majority of our Class B common stock, our controlling stockholder, Vincent K. McMahon could exercise ultimate control over our affairs, and his interests may conflict with the holders of our Class A common stock; our share repurchase program; a substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could lower our stock price; and the volatility of our Class A common stock. In addition, our dividend and share repurchases are dependent on a number of factors, including, among other things, our liquidity and historical and projected cash flow, strategic plan (including alternative uses of capital), our financial results and condition, contractual and legal restrictions on the payment of dividends (including under our revolving credit facility), general economic and competitive conditions and such other factors as our Board of Directors may consider relevant. Forward-looking statements made by the Company speak only as of the date made and are subject to change without any obligation on the part of the Company to update or revise them. Undue reliance should not be placed on these statements. For more information about risks and uncertainties associated with the Company’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Company’s SEC filings, including, but not limited to, our annual report on Form 10-K/A and quarterly reports on Form 10-Q/A and Form 10-Q.
