Following the huge announcement from Tony Khan last week about the acquisition of ROH its become clear that the deal was quickly rushed through to get the big announcement made on Dynamite and that finer details still need to be ironed out.
Sescoops shared more details on the deal outlined below.
The deal is expected to close on the 1st week of April if not sooner than that. The feeling is that the deal went “in reverse” and “backward” because it came together quickly and now the details need to be figured out.
ROH employees were told the company doesn’t get the impression the ‘new regime’ is interested in hiring them after the sale goes through and the employees are encouraged to look for other work. Severance packages are being considered but nothing is decided on yet.
Regarding the HonorClub streaming service, it’s said to be in limbo and ROH has a call scheduled with AEW to review the technical setup behind HonorClub and determine if that asset will be included in the deal.
The message to the ROH staff has been described as management is fighting for them and exploring how to help everyone, but “there is no formal transition planned and no guarantee that anybody will stay on.”