This came after WWE Chairman and CEO Vince McMahon stated on an earnings conference call that the possibility of WWE selling the rights of their major PPVs to another streaming service was an option they were looking at.
In fact, he expressed confidence in a deal getting done as soon as the end of the first quarter of this year. However, a deal hasn’t been reached yet.
Meltzer gave the latest update on Sunday’s Wrestling Observer Radio where he noted that while ESPN and WWE have been talking, there is a problem that is preventing a deal to be agreed upon.
It all comes down to them being “far apart on money.” McMahon wants a higher number than what UFC received from ESPN. Meltzer didn’t share the exact money figure but it wasn’t expected to be a big $100+ million deal.
The reason for that is due to the current state of the climate that all industries find themselves in right now as well as the advertisement revenue that ESPN would earn.
It should be noted that the UFC airs all of their shows on either ESPN or ESPN+. UFC airs its PPV events at a higher price point through ESPN+ as well.
Just a few days ago, ESPN announced that they would air previous WrestleMania events starting tonight (March 22nd) with WrestleMania 30 from 2014. For more on that, click here.