Vince McMahon is already a billionaire but he has to have an even bigger smile on his face than usual this morning because WWE is trading up by nearly 11% in pre-market movement this morning.
That's good news for WWE shareholders and it comes as a result of the company announcing those big new television deals with the USA Network and FOX. WWE has made billions and they're now in a spot where the importance of WWE Network numbers pale in comparison to what's happening on TV and we'll probably see more big matches on RAW and SmackDown Live as a result moving forward.
As you can see from the snapshot of WWE stock movement yesterday, there was a huge jump in after-hours trading and this is likely to continue throughout the day. As always, we'll keep you updated.