TKO filed its quarterly earnings report<\/a> on Wednesday and, as a part of the SEC filing, confirmed it had entered a brand new agreement with Khan to proceed in his role until 2030 \u2013 effective May 4.\u00a0<\/p>\nPer the terms of his recent deal, Khan will receive a base salary of $2 million for this yr ending December 31, increasing to $3 million annually from the period of January 1, 2027 until the tip of this term. Khan can even be eligible for an annual bonus measured at 150% of his base salary for 2026 and 200% for the remaining years.\u00a0<\/p>\n
Khan can be be entitled to receive an equity award of $11 million price of restricted stock units upon signing, in addition to annually with a goal amount equal to $7.5 million for 2026 and $8.5 million yearly following. And there may be a “Special Award Incentive” one-time award of $5 million.\u00a0<\/p>\n
Under the deal, Khan is subject to non-disclosure, non-compete, and non-solicitation agreements; within the event of his dismissal\/departure, he will likely be prohibited from working for the same company rendering the identical services as WWE for twenty-four months.\u00a0<\/p>\n
At the tip of this recent deal Khan may have spent almost 10 years with the promotion, having first joined under Vince McMahon in August 2020. He was initially appointed President, becoming Co-CEO alongside Stephanie McMahon upon Vince’s resignation in July 2022, after which sole CEO upon his return to the corporate in January 2023. He was re-appointed President following the TKO merger in 2024.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/article><\/div>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Amal Alhasan\/Getty Images WWE President Nick Khan has signed a four-year deal to stay with the corporate.\u00a0 TKO filed its quarterly earnings report on Wednesday and, as a part of the SEC filing, confirmed it had entered a brand new agreement with Khan to proceed in his role until 2030 \u2013 effective May 4.\u00a0 Per […]<\/p>\n","protected":false},"author":1,"featured_media":330553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21056],"tags":[985,17261,1880,19154,2484,431,2797,2277,6221],"class_list":["post-330552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wwe-and-more","tag-deal","tag-dollar","tag-khan","tag-multimillion","tag-nick","tag-president","tag-remain","tag-signs","tag-wwe"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=330552"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330552\/revisions"}],"predecessor-version":[{"id":330555,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330552\/revisions\/330555"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/330553"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=330552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=330552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=330552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}