AEW President Tony Khan Buys ROH Reportedly for $40M in Shocking Development

AEW President, Tony Khan just dropped the biggest news since the inception of All Elite Wrestling. Tony Khan is now the new owner of Ring of Honor (ROH). Yes, the owner of AEW has now signed a deal with ROH and became the new owner of the legendary Indy promotion.

For weeks, Tony teased that he has some groundbreaking news for the world. On tonight’s edition of AEW Dynamite. The President of the company stood inside the ring and announced this big news to everybody in the audience.

ROH was an Indy promotion that was started on 23rd February 2002. Since then, that promotion became a pilgrimage of various successful wrestlers these days. Wrestlers like Bryan Danielson, AJ Styles, Seth Rollins, Samoa Joe, Kevin Owens, CM Punk, and many more started their careers in ROH.

Tony Khan has now acquired all the assets of Ring of Honor. This also includes the video library of 2002, brand assets, intellectual property, and all the remaining things that the company had.

It is reported that Khan paid extensive fees of $40 million to acquire the company. Interestingly, the wrestlers and staff of ROH were not informed of this behind-the-scene deal. ROH is still preparing their match card for their upcoming event, Supercard of Honor.

Christopher Daniels vs Bryan Danielson – the first ROH main event

The very first show of ROH happened in February 2002 inside the Murphy Rec Centre. Interestingly, there were two familiar faces who main evented that night. Both Bryan Danielson and Christopher Daniels were involved in a triple threat main event that night where neither of them won.

While breaking this huge announcement on AEW Dynamite, Khan mentioned the aforementioned match and also noted that Daniels and Bryan are still feeling sour about not winning the match that night.

Now, with full control over ROH, Khan can certainly make these two fight after almost two decades. Eventually, the future plan for this big news is not laid out. It will be interesting how AEW will go about this new venture.

Currently, Jonathan Gresham is ROH World Champion, and Impact’s Deonna Purrazzo is ROH Women’s Champion.

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