WWE Executives receive pay raises

In a Securities and Exchanges Commission Filing made on September 2, WWE revealed that Paul Levesque, Stephanie McMahon, Nick Khan and newly named President Frank Riddick, all received pay raises.

You can read the portion of the filing below, listing the salaries.

As of the Effective Date, Ms. McMahon’s annual base salary increased from $730,000 to $1.35 million. Ms. McMahon will continue to receive payments including, without limitation, the $750,000 guaranteed minimum under her booking agreement, as amended, which is listed as an exhibit (and incorporated by reference) to our Annual Report on Form 10-K/A filed with the SEC on August 16, 2022; (ii) Mr. Khan’s annual base salary increased from $1.2 million to $1.35 million; (iii) Mr. Riddick’s annual base salary increased from $850,000 to $950,000; and (iv) Mr. Levesque’s annual base salary increased from $730,000 to $900,000. Mr. Levesque will continue to receive payments including, without limitation, the $1.0 million guaranteed minimum under his booking agreement, as amended, which is listed as an exhibit and incorporated by reference) to our Annual Report on Form 10-K/A filed with the SEC on August 16, 2022.

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