One big thing: RevPro owner Andy Quildan turned down a partnership with WWE due to a potential buyout clause.
• Quildan disclosed that WWE’s offer included an option to purchase RevPro at the end of the contract term.
• The deal would have initially involved lending RevPro footage to WWE for their network.
• Quildan expressed concerns about job security and potential non-compete clauses if WWE exercised the buyout option.
Why it matters
RevPro’s decision to remain independent has allowed it to maintain its unique identity in the UK wrestling scene, recently celebrating its 12th anniversary. This revelation sheds light on WWE’s expansion strategies and the potential risks for independent promotions in partnering with larger organizations.
The bigger picture
• During the 2010s, WWE began collaborating with various independent promotions, particularly in Europe.
• Partnerships were formed with PROGRESS (England), ICW (Scotland), and wXw (Germany).
• These collaborations coincided with WWE’s launch of NXT UK.
• In 2020, WWE purchased EVOLVE, an American promotion they had worked closely with.
By the numbers
• RevPro recently celebrated its 12th anniversary.
• WWE has partnerships with at least 3 European promotions.
• 1 American promotion (EVOLVE) was purchased by WWE in 2020.
The bottom line
RevPro’s decision to decline WWE’s offer highlights the delicate balance independent promotions must strike between growth opportunities and maintaining autonomy. Quildan’s concern about potential loss of control resonates with many small business owners in the wrestling industry.
What do you think about RevPro’s decision to stay independent? Was it the right call, or do you believe they missed out on a significant opportunity? Share your thoughts in the comments below!
