WWE President Nick Khan has signed a new deal that will keep him with the company through at least December 31, 2030.
The agreement, effective May 4, was disclosed in TKO Group Holdings’ quarterly filing with the Securities and Exchange Commission. It replaces Khan’s existing contract and significantly increases his compensation.
Under the new agreement, Khan’s base salary remains at $2 million through the end of 2026 before rising to $3 million per year from 2027 onward.
He is also eligible for an annual bonus, targeted at 150% of his base salary for 2026 (roughly $3 million) and 200% from 2027 through the end of the deal, or $6 million per year.
Bonus payouts are tied to performance targets set by TKO’s board.
The equity component of the deal is also substantial. Khan received a signing equity award of $11 million in restricted stock units, vesting in equal installments over four years. He will also be eligible for annual equity awards targeting $7.5 million for 2026 and $8.5 million for each subsequent year.
A separate one-time performance incentive worth $5 million is tied to the vesting conditions of Zuffa Boxing, the TKO-affiliated boxing joint venture that Khan has helped steer.
Khan reports to TKO President and COO Mark Shapiro. His services will be exclusive to WWE and TKO.
