{"id":220353,"date":"2026-08-04T00:05:00","date_gmt":"2026-08-04T05:05:00","guid":{"rendered":"https:\/\/www.pwtorch.com\/site\/?p=220353"},"modified":"2026-08-04T00:05:00","modified_gmt":"2026-08-04T05:05:00","slug":"wwe-portion-of-merger-settlement-revealed-in-tko-second-quarter-earnings-results","status":"publish","type":"post","link":"https:\/\/www.pwtorch.com\/site\/2026\/08\/04\/wwe-portion-of-merger-settlement-revealed-in-tko-second-quarter-earnings-results\/","title":{"rendered":"WWE portion of merger settlement revealed in TKO second quarter earnings results"},"content":{"rendered":"<div id=\"pwtor-3180407447\" class=\"pwtor-before-content pwtor-entity-placement\"><hr \/><b>SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)... <\/b>\r\n\r\n<iframe src=\"https:\/\/widget.spreaker.com\/player?show_id=3076978&theme=light&playlist=false&playlist-continuous=false&autoplay=false&live-autoplay=false&chapters-image=true&episode_image_position=right&hide-logo=false&hide-likes=false&hide-comments=false&hide-sharing=false&hide-download=true\" width=\"100%\" height=\"140px\" frameborder=\"0\"><\/iframe>\r\n<hr \/><\/div><p>WWE parent company TKO&#8217;s second quarter <a href=\"https:\/\/investor.tkogrp.com\/financials\/quarterly-results\/default.aspx\" target=\"_blank\" rel=\"noopener\">earning<\/a> results revealed that WWE&#8217;s portion of the settlement with WWE shareholders was $105 million. An agreement in principle was <a href=\"https:\/\/www.pwtorch.com\/site\/2026\/06\/09\/parties-reach-agreement-in-princiciple-in-wwe-shareholder-lawsuit\/\" target=\"_blank\" rel=\"noopener\">reached<\/a>\u00a0just days before the lawsuit was set to go to trial on June 8.<\/p>\n<p>In the lawsuit, which was filed in 2023, WWE shareholders alleged that WWE\u2019s sale process was not designed to seek maximum value for shareholders, but instead was structured to ensure Vince McMahon would end up in a favorable position once the new regime took control. Paul \u201cTriple H\u201d Levesque, Michelle Wilson, and George Barrios were also named in the lawsuit. McMahon, Nick Khan, Levesque, Mark Shapiro, Ari Emanuel, and others had been scheduled to testify at the trial.<\/p>\n<p>The defenses hopes of winning the trial were dealt a major blow when Khan and McMahon were sanctioned due to what Vice Chancellor J. Travis Laster deemed as <a href=\"https:\/\/www.pwtorch.com\/site\/2026\/05\/28\/vince-mcmahon-and-nick-khan-sanctioned-in-lawsuit-from-shareholders-against-wwe-for-destruction-of-evidence\/\">destruction of evidence.<\/a><\/p>\n<p>The statement on the settlement from TKO&#8217;s second quarter earnings follows:<\/p>\n<blockquote><p>In early June 2026, the parties reached an agreement in principle to resolve all claims against all defendants. The overall settlement amount is expected to be primarily funded by insurance recoveries, with a portion being funded by WWE as a result of pre-existing indemnification obligations owed by WWE to the directors. WWE\u2019s portion of the overall settlement amount is $105.0 million, which is expected to be funded by probable insurance recoveries of $75.0 million, resulting in an expected loss of $30.0 million.<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3>Check out the latest episode of &#8220;Worse or Better&#8221; with Stephanie Chase and Josh White, part of the PWTorch Dailycast line-up: <a href=\"https:\/\/www.spreaker.com\/episode\/worse-or-better-episode-14-from-pillar-to-post-josh-is-joined-by-adam-kidd-to-look-at-the-four-pillars-of-aew-from-day-one-to-today--73198141\">CLICK HERE<\/a> to stream (or search \u201cpwtorch\u201d on Spotify, Apple Podcasts, or any other iOS or Android app to subscribe free)<\/h3>\n<p><iframe loading=\"lazy\" title=\"Worse or Better (Episode 14 - From Pillar to Post) - Josh is joined by Adam Kidd to look at the four pillars of AEW from day one to today\" src=\"https:\/\/widget.spreaker.com\/player?episode_id=73198141&amp;theme=light&amp;playlist=false&amp;playlist-continuous=false&amp;chapters-image=true&amp;episode_image_position=right&amp;hide-logo=false&amp;hide-likes=false&amp;hide-comments=false&amp;hide-sharing=false&amp;hide-download=true\" width=\"100%\" height=\"200px\" frameborder=\"0\"><\/iframe><\/p>\n<hr \/>\n<p><iframe loading=\"lazy\" title=\"Wade Keller Post-show (7\/29) - AEW Dynamite w\/Keller &amp; Fann\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/gwMKvmW2M6s?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<div class=\"pwtor-end-article-groups pwtor-entity-placement\" id=\"pwtor-4026799315\"><div id=\"pwtor-3526492316\"><div align=\"center\" data-freestar-ad=\"__336x280\" id=\"pwtorchcom_medrec_3\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_medrec_3\", slotId: \"pwtorchcom_medrec_3\" });\r\n  <\/script>\r\n<\/div>\r\n\r\nTHANK YOU FOR VISITING<\/div><\/div>","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>WWE parent company TKO&#8217;s second quarter earning results revealed that WWE&#8217;s portion of the settlement with WWE shareholders was $105 million. An agreement in principle was reached\u00a0just days before the lawsuit was set to go <a class=\"mh-excerpt-more\" href=\"https:\/\/www.pwtorch.com\/site\/2026\/08\/04\/wwe-portion-of-merger-settlement-revealed-in-tko-second-quarter-earnings-results\/\" title=\"WWE portion of merger settlement revealed in TKO second quarter earnings results\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":6,"featured_media":166729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,3],"tags":[],"class_list":["post-220353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-prowrestlingnews","category-news_wwe"],"jetpack_featured_media_url":"https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/post\/2023\/10\/Screenshot-2023-10-01-at-11.34.48-AM.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/220353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/comments?post=220353"}],"version-history":[{"count":1,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/220353\/revisions"}],"predecessor-version":[{"id":220354,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/220353\/revisions\/220354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media\/166729"}],"wp:attachment":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media?parent=220353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/categories?post=220353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/tags?post=220353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}