As we reported a few weeks ago, WWE and ESPN have started negotiations for the issuance of the company’s PPVs on the ESPN + platform. Negotiations that are currently stalled for different reasons, as journalist Dave Meltzer has exclusively advanced in the latest radio program of the Wrestling Observer.
The intention, as Meltzer has explained, was to reach an agreement before WrestleMania 36 to broadcast it on ESPN +, but the agreement has not been reached due to the changes that the company has made due to the coronavirus outbreak. This would be the reason why old WrestleMania events will air over the next few weeks on ESPN, to alleviate that agreement not reached.
WWE wants to earn more than UFC for PPV rights
The other open front is the purchase of all the WWE PPVs. Apparently, Meltzer has exclusively assured that the president of the company, Vince McMahon, would have asked for a much higher amount than what the chain pays to UFC ($ 1.5 billion over 5 years) to sell broadcast rights to special events.
“The main reason that the negotiations are not moving forward is money. Vince McMahon wants a specific figure, which is much higher than what ESPN pays the UFC. Vince believes his WWE events are worth more and are more profitable than those of the mixed martial arts company, and he is pressing for it, “said the journalist.
The coronavirus pandemic has not stopped negotiations between both parties. However, as Meltzer has stressed until the situation stabilizes there doesn’t seem to be any progress, so we will have to wait a while to know any news.