WWE, a part of TKO Group, has acquired main Mexican lucha libre promotion AAA in partnership with Mexico-based sports activities and leisure holding firm Fillip.
The announcement was made in Las Vegas over the weekend through the WrestleMania 41 Saturday Countdown present with WWE Chief Content material Officer Paul Levesque, Fillip Chairman Alberto Fasja, AAA’s Marisela Peña and Dorian Roldán Peña, alongside expertise together with WWE Corridor of Famer Rey Mysterio and El Hijo Del Vikingo.
Monetary particulars weren’t disclosed.
AAA was based in 1992 by Antonio Peña and has been a family-operated enterprise for greater than 30 years, with a number of the best expertise in lucha libre historical past, together with Eddie Guerrero, Rey Mysterio and Penta, calling AAA dwelling all through their careers. The Peña household will proceed to be concerned within the subsequent chapter of the AAA enterprise alongside WWE and Fillip.
“AAA has a wealthy cultural heritage with a number of the most passionate followers on the earth and it’s an honor to work with the Peña household to embark on this journey,” mentioned Levesque. “By bringing collectively WWE’s world capabilities and AAA’s wonderful custom, we sit up for an thrilling future crammed with new alternatives.”
“We sit up for partnering with WWE and TKO on this enterprise to safe the way forward for AAA for followers and to assist take this enterprise to the following degree,” mentioned Fillip co-founder and co-CEO Hugo López-Velarde.
“AAA has been a family-operated promotion for over three many years and our belief couldn’t be higher positioned than with one of many greatest sports activities leisure companies on the earth,” mentioned AAA Normal Manag0er Dorian Roldán Peña.
The deal is anticipated to shut within the third quarter pending customary approvals.
The brand new companions additionally introduced that their joint Worlds Collide occasion will unspool June 7 on the Kia Discussion board in Los Angeles that includes Superstars from WWE & AAA.