AEW President Tony Khan has acquired Ring of Honor Wrestling Promotion along with all of its assets from Sinclair Broadcasting Group.
Tony Khan has been hyping a huge announcement for the past week, which was to be revealed this week on AEW Dynamite. Khan opened the show by announcing that he has brought ROH Wrestling.
The announcement was followed by a match between Bryan Danielson(also ROH Hall of Famer) and Christopher Daniels, current AEW stars who were also part of the main event match of the Era of Honor begins in 2002, which was the first-ever ROH show. Danielson defeated Daniels via arm triangle submission.
Later, Tony Khan also sent out a press release which can be seen in the above tweet. All the ROH assests, including the sought-after video library, intellectual properties, and other assests, now belongs to Tony Khan.
“This acquisition will make sure that ROH’s Legacy will be kept alive and treated with the utmost respect,” Tony Khan is quoted in the press release. “This deal adds thousands of content to our rapidly growing library and creates new opportunities to expand our footprint on a national and global scale, while having the potential to produce new content under the ROH banner.”
Bodyslam.net’s Cassidy Haynes has reported that the deal is worth around $30-40 million. Adding to this, the report also mentioned that sources have indicated that Tony Khan’s current plans for ROH is to use it similar to a “developmental territory.” This will also see many of AEW stars to appear on ROH. CM Punk and Bryan Danielson are already slated to be inducted to ROH Hall of Fame this week.
It remains unclear though whether ROH’s weekly show will continue or not, and how many among ROH’s talent will be brought onboard. ROH released all of their wrestlers in December 2021 after they announced to go on a hiatus. ROH will present Supercard of Honor PPV on April 1, followed by TV tapings next day.