Tony Khan Attempted to Purchase WWE During 2023 Sale Process

TLDR

According to newly unredacted court filings from an ongoing WWE shareholder lawsuit, Tony Khan's company Base 10 officially submitted a bid to purchase WWE during the 2023 sale process. Base 10 offered $76.83 per share (approximately $6.9 billion total), making it the lowest of four serious bids alongside Endeavor, Liberty Media, and KKR, with Endeavor ultimately winning the deal at $95.66 per share. The court documents indicate that Base 10 would have needed additional equity and debt partners to complete the purchase and there's no indication Khan's group accessed WWE's internal data room during the bidding process.