Ruthless Aggression Era (2002–2008) In 2002, the World Wrestling Federation lost a lawsuit initiated by the
World Wildlife Fund over the WWF trademark. The World Wrestling Federation was forced to rebrand itself and changed its business name to World Wrestling Entertainment (WWE) on May 6, 2002. The company also dropped its "WWF Attitude" moniker that same day and eliminated all uses of the word "Federation"; this affected licensed merchandise such as action figures, video games, and home video releases with its previous logo, which was replaced by a new "scratch" logo with only the two letter
Ws and a red slash at the bottom of the logo. However, the older “Block” logo, which the company was no longer using at the time of the legal dispute and the full-length "World Wrestling Federation" name can be used by WWE when referencing history. During this time, the company launched
WWE Studios, which was originally formed as WWE Films. (pictured here in March 2008) has been a highly popular figure in WWE since 1990, holding an
undefeated WrestleMania streak until 2014. On June 24, 2002, episode of
Raw, Vince McMahon officially named the new era "Ruthless Aggression". Later that same year, after
WWE Champion Brock Lesnar became exclusive to the SmackDown! brand and with the creation of the
World Heavyweight Championship, all the championships became show-exclusive too. Additionally, both Raw and SmackDown! began to stage individual pay-per-view events featuring only performers from that brand, with only the major four pay-per-views
Royal Rumble,
WrestleMania,
SummerSlam and
Survivor Series remaining dual-branded. The practice of single-brand pay-per-view events was abandoned following
WrestleMania 23. In effect, Raw and SmackDown were operated as two distinct promotions, with a
draft lottery taking place each year to determine which talent was assigned to each brand. This lasted until August 2011, when the rosters were merged and the Brand Extension was quietly phased out. After the company transitioned into its Ruthless Aggression era, this period still featured many elements of its predecessor the
Attitude Era, including the levels of violence, sex, and profanity, but there was a larger emphasis on in-ring action. The two top stars of the Attitude Era, Stone Cold Steve Austin and The Rock, eventually left the company in 2003 and 2004, respectively, while newcomers such as Brock Lesnar, who would become the youngest WWE Champion, and
Randy Orton, who became the youngest World Heavyweight Champion, saw huge success. Triple H would also be featured prominently during this time, winning several of his fourteen
world championships, as would
The Undertaker, whose
WrestleMania win streak started gaining fame.
Eddie Guerrero,
Rey Mysterio,
Kurt Angle,
Chris Benoit,
Edge,
Brock Lesnar,
Randy Orton,
John Cena,
Batista,
John "Bradshaw" Layfield, and
Rob Van Dam were also given main event opportunities and all ended up becoming multiple-time world champions. From mid-2002 to 2003, WWE brought several prominent WCW stars to the company, including
Eric Bischoff,
Scott Steiner,
Goldberg,
Kevin Nash and
Ric Flair.
The Great American Bash, originally a WCW pay-per-view event, made its debut as a WWE event. was a very prominent wrestler during this period, main-eventing
WrestleMania XX,
WrestleMania 21 and
WrestleMania 22, respectively. He led the prominent villainous stable
Evolution. He has since won 14 world championships in the WWE. In August 2002,
Shawn Michaels would also return as a wrestler at
SummerSlam after a hiatus of over four years. He would achieve great success, and won the World Heavyweight Championship in the first
Elimination Chamber match at
Survivor Series. The match between Shawn Michaels and Kurt Angle at
WrestleMania 21 has been named one of the greatest matches in WWE history. Though Angle won the match, Michaels received praise for his "courageous effort". In 2006, Michaels would reunite with Triple H to once again form the popular 1990s group
D-Generation X (DX). They would have major feuds with
The Spirit Squad, the McMahon family, and the newly established
Rated-RKO (Edge and Randy Orton), which ended prematurely when Triple H suffered a torn quadriceps muscle in 2007 at
New Year's Revolution. and
Rey Mysterio, two of the most successful and popular Hispanic wrestlers in WWE history as
WWE Tag Team Champions in 2005.|alt=
Eddie Guerrero, from the famous Mexican
Guerrero wrestling family, achieved huge stardom during this period. He gained a large fanbase in 2003 on
SmackDown!, which led to a rapid increase in his popularity, promoting him to main event status, and he ultimately won his first world championship, the WWE Championship, at
No Way Out in 2004, defeating
Brock Lesnar in a highly acclaimed match. He remained the top wrestler of the company after winning the WWE title until his untimely
death on November 13, 2005. He was inducted into the
WWE Hall of Fame the following year. Guerrero's death due to his drug addictions caused WWE to implement the
WWE Wellness Policy to prevent wrestlers from taking drugs. The circumstances of his death would provide a medium for his on- and off-screen friend Rey Mysterio to emerge as a major main-eventer and win the
2006 Royal Rumble match and the World Heavyweight Championship at
WrestleMania 22. Mysterio had begun a rivalry with the villainous nephew of Eddie,
Chavo Guerrero, who had cost him the World Heavyweight Championship during a match with
King Booker. During the feud Mysterio injured his knees and would be sidelined for the rest of 2006 and much of 2007, halting his main event push. Mysterio returned and defeated Chavo in the 2007 edition of
SummerSlam and remained a popular fan-favorite wrestler.
John Cena was one of the biggest breakout stars of the Ruthless Aggression era. Upon his debut, Cena quickly proved popular due to his "Doctor of Thuganomics" white rapper gimmick on the SmackDown brand, receiving a WWE Championship match against Brock Lesnar in the spring at
Backlash in 2003, and had a major feud with
The Undertaker during the summer. At
WrestleMania 21, he won his first world championship when he defeated John "Bradshaw" Layfield, the WWE Champion at that time. Cena's popularity soared when he was drafted to Raw, where he quickly became the face of WWE, a rise not seen since Austin and
Hulk Hogan. Cena's popularity has led to him becoming the all-time record "wish maker" for the
Make-A-Wish Foundation, granting over 500 wishes as of August 2017. Cena secured victories over veterans Triple H and Shawn Michaels in the main events of
WrestleMania 22 and
WrestleMania 23, respectively. A popular wrestler during the period was
Bobby Lashley from the
ECW brand. Cena would defeat Lashley at
The Great American Bash in 2007 in a well-received match, shortly after which Lashley left the WWE. After being sidelined due to a shoulder injury for the latter half of 2007, Cena returned in the 2008
Royal Rumble match, winning the match. was by far the biggest star to emerge during the Ruthless Aggression Era. Triple H, Randy Orton, Ric Flair, and Batista were part of the villainous stable
Evolution, who were prominently featured between 2003 and 2005 until their eventual break-up. Beginning in early 2005, the popularity of
Batista would soar much like Cena's, winning the
2005 Royal Rumble and the World Heavyweight Championship at WrestleMania 21 from Triple H. Later in 2005, Batista would go on to defeat Triple H in a highly acclaimed Hell in a Cell match at
Vengeance. Although Batista would have major success in the months following his championship win, he would suffer an injury in early 2006 and miss that year's WrestleMania. After returning and eventually winning another world championship, at
WrestleMania 23 in 2007, Batista would defend the title against The Undertaker in a classic encounter, though he lost the match. However, Batista defeated The Undertaker at
Cyber Sunday. Cena and Batista would not face each other for the first time until
SummerSlam in 2008, with Batista winning.
Randy Orton became prominent during this period, becoming the youngest world champion in WWE history at the age of 24, defeating Chris Benoit at the 2004
SummerSlam event. Dubbed "the Legend Killer," he would go on to have feuds with legendary wrestlers such as The Undertaker and Hulk Hogan, facing them at
WrestleMania 21 and the 2006
SummerSlam event, respectively. Along with Edge, he would form the villainous tag team
Rated-RKO and find success in the tag team division. After returning to singles competition Orton became a multi-time
WWE Champion. In 2007 Orton began a long lasting on and off rivalry with John Cena, which lasted until 2014. Orton would also be involved in a lengthy rivalry with former Evolution leader Triple H, defeating him in a Last Man Standing match at
No Mercy in 2007 but a year later losing to him in another Last Man Standing match at
One Night Stand in 2008. Rising star
CM Punk made his WWE debut in 2006, wrestling his first main roster match at
Survivor Series that year in a 5-on-5 Survivor Series elimination match as part of
Team DX in a clean sweep victory over
Team Rated-RKO. In 2008, he won the
money in the bank briefcase, and on the June 30 episode of
Raw, he cashed it in on the then-
World Heavyweight Champion Edge, winning the title. The same night, he had to defend the title against John "Bradshaw" Layfield in the main event, but retained it. The final WWE event to receive an adult-oriented rating was the pay-per-view
The Great American Bash in 2008, where Triple H retained the WWE Championship against Edge in the main event match. Following the event, WWE shifted to TV-PG, family-friendly programming.
Money in the Bank (2005) The concept for the Money in the Bank match was introduced in March 2005 by
Chris Jericho. Jericho pitched the idea on an episode of
Raw to
general manager Eric Bischoff, who liked it and promptly signed it for WrestleMania 21, assigning Jericho,
Christian,
Chris Benoit,
Edge,
Shelton Benjamin, and
Kane to participate in the match. Edge won this inaugural match, and since, many times the match became a way to help elevate new stars to the main event, with winners such as
CM Punk,
The Miz,
Daniel Bryan,
Alberto Del Rio,
Seth Rollins, and
Dean Ambrose. The match format was originally exclusive to the annual WrestleMania until 2010, when the
Money in the Bank pay-per-view debuted. In 2017, the first women's Money in the Bank match was held, which was won by
Carmella.
Return of ECW (2006–2010) , the former owner of
ECW would later become a manager to numerous prominent wrestlers in the WWE. By 2004, WWE began reintroducing
Extreme Championship Wrestling (ECW) through content from the ECW
video library and a series of books, which included the release of
The Rise and Fall of ECW. On May 26, 2006, WWE relaunched the franchise with its own show on
NBC Universal's Sci Fi Channel, later to be known as
Syfy, starting June 13, 2006. On June 13,
Paul Heyman, former ECW owner and newly appointed figurehead for the
ECW brand, recommissioned the
ECW World Heavyweight Championship to be the brand's world championship and awarded it to
Rob Van Dam as a result of winning the
WWE Championship at One Night Stand 2006. Under the WWE banner, ECW was presented in a modernized style to that when it was an independent promotion and was produced following the same format as the other brands, with match rules, such as
count outs and
disqualifications, being standard. Matches featuring the ruleset of the ECW promotion were classified as being contested under "
Extreme Rules" and were only fought when specified otherwise. While fans would dub this the "PG Era" early on, references from wrestlers themselves would come later such as
Triple H in his "Thy Kingdom Come" documentary and
Natalya on an episode of "Table for 3". Another notable example was that
John Cena's famous finishing move, the
F-U, was renamed
Attitude Adjustment. Intentionally
blading, which was common until then, became forbidden in the WWE. John Cena remained the top star of the company during this era. Newcomers
Sheamus and
Alberto del Rio also registered notable success during this period, winning the WWE Championship in the years 2009 and 2011, respectively. Another notable new superstar
Drew McIntyre won the
Intercontinental Championship in 2009. Also in 2009,
D-Generation X was reunited by Triple H and Shawn Michaels to feud with the villainous stable
The Legacy a group consisting of
Cody Rhodes, Ted DiBiase Jr. and their leader Randy Orton. D-Generation X would later win the unified WWE tag team titles from
Chris Jericho and The Big Show in a
Tables, Ladders and Chairs match. A rivalry between CM Punk and Jeff Hardy in 2009 over Hardy's real-life drug addiction issues received critical acclaim, and after Punk forced Hardy to storyline quit the WWE, Punk would form the villainous stable
Straight Edge Society that would feud with fan-favorite Rey Mysterio throughout 2010. (left) and
The Rock (right) on the April 04, 2011 episode of Raw, they had an on and off cross-generational feud between 2011 and 2013. At
WrestleMania XXVI in 2010, veteran wrestler Shawn Michaels retired following a loss to
The Undertaker. In August 2011, WWE began to phase out the brand extension when they gave Raw the tagline "SuperShow", meaning wrestlers could appear on both Raw and SmackDown. The year 2011 saw a highly acclaimed feud between the company's two most high-profile wrestlers at that point, John Cena and CM Punk. Their match at
Money in the Bank on July 17, 2011, was named one of the greatest matches in WWE history, a match Punk won. Punk, who had become a top star during the summer of 2011 due to his infamous "pipe bomb" promo, would win the
WWE Championship at the 2011
Survivor Series event and hold it for 434 days before losing to The Rock in 2013 at the
2013 Royal Rumble. CM Punk's reign was recognized by WWE as the longest WWE Championship reign in 25 years. The Rock held the championship until he was defeated by John Cena at
WrestleMania 29 in a rematch from their bout the previous year. Popular stable
The Shield was prominently featured during this period, being involved in various high profile storylines. On December 15, 2013, the
World Heavyweight Championship and WWE Championship were unified in a
Tables, Ladders and Chairs match between John Cena and Randy Orton, which Orton won and the unified championship was briefly called the WWE World Heavyweight Championship, but would soon be renamed as just the WWE Championship.
Launch of NXT (2010) On February 23, 2010, WWE launched a new program on Syfy called
NXT. The premise of the show was a reality-like show which saw eight new stars (Rookies) being mentored by wrestlers from the main roster (Pros), and ran for just over three months, with the last episode of the first season being on June 1, 2010. The winner of the season was
Wade Barrett, mentored by
Chris Jericho. Six days after the end of the first season, the rookies, now calling themselves
The Nexus, interfered in the
Raw main event match between
John Cena and
CM Punk, attacking both wrestlers and the announcers, before dismantling the ring area and surrounding equipment. During the segment,
Daniel Bryan strangled ring announcer
Justin Roberts with a
tie, which WWE reportedly felt was too violent for their family-friendly programming. As a consequence, WWE (
legitimately) released Bryan from his contract. Bryan was later rehired due to fans' outrage over his firing and joined Team WWE against Team Nexus in the
2010 SummerSlam event in a 7-on-7 elimination tag team match, which Team WWE won.
NXT lasted for a further three complete seasons, which were won respectively by
Kaval,
Kaitlyn, and
Johnny Curtis. A fifth season, dubbed
NXT Redemption, featuring former
NXT participants, quietly ended with
Derrick Bateman being the sole remaining participant. Eventually, the show morphed into both a television show and WWE's new official
developmental territory, replacing
Florida Championship Wrestling. NXT had been based at
Full Sail University in
Orlando, Florida from 2012 to 2020. In fall 2020, NXT left Full Sail and moved their home base to the
WWE Performance Center, also in Orlando. From October 2019 until September 2021, NXT was promoted as WWE's third main brand alongside Raw and SmackDown, but in September 2021, it was reset as "NXT 2.0", resuming its role as a developmental brand. One year later, the "2.0" branding was removed.
Reality Era (2014–2016) broke
The Undertaker's undefeated Wrestlemania streak. Lesnar would be presented as one of the most dominant wrestler ever during this period. In 2013, Daniel Bryan became one of the most popular wrestlers in the company. On several occasions, fans would begin hijacking segments in which Bryan was either not involved in, or involved only secondarily, with his "Yes!" chant. The night after the
2014 Royal Rumble,
CM Punk quit WWE due to feeling mistreated by officials within the company, while also dealing with a misdiagnosed staph infection. Meanwhile, fan outrage over the misuse of Bryan's character resulted in an unplanned change for the
WrestleMania XXX main event. On the March 24, 2014 episode of
Raw, Bryan's rival at the time,
Triple H, dubbed this point in WWE as "The Reality Era". Bryan would eventually be inserted into the main event of WrestleMania, defeating Randy Orton and Batista in a critically acclaimed triple threat match, and capture the WWE World Heavyweight Championship in the process. Also at WrestleMania XXX,
The Undertaker was
defeated for the first time at the event by
Brock Lesnar, following 21 consecutive victories dating back to 1991. Brock Lesnar would then go on to defeat John Cena at
SummerSlam to win the
WWE World Heavyweight Championship. This was seen as the end of Cena's position as the face of WWE, a position Cena had held since 2005. Lesnar would go on to be featured as the most dominant wrestler of this era. The introduction of the WWE Network and the
WWE Performance Center were also major breakthroughs during this period. On a "Stone Cold Podcast" episode that aired on the WWE Network in 2015, Triple H and Stone Cold Steve Austin both stated that "kayfabe has died" in modern WWE. Triple H also acknowledged that fans nowadays are more knowledgeable about the behind-the-scenes workings of WWE, as well as have more influence on the company than ever before. The triple threat match at the
2015 Royal Rumble event between Seth Rollins, John Cena, and Brock Lesnar received critical acclaim and was widely recognized as one of the best matches of the year. The
WWE United States Championship Open Challenge match between the Champion John Cena and challenger
Cesaro on the July 6, 2015 edition of Raw was also widely praised as one of the best matches in
Raw history and was awarded the Slammy award for the best United States Championship open challenge match by the WWE. WCW legend
Sting, who had previously been dubbed the "greatest wrestler to never wrestle in WWE", made his debut at the
2014 Survivor Series and had his first-ever match in WWE at
WrestleMania 31 against Triple H, a match he would lose. Also at WrestleMania 31, Seth Rollins became the first person to cash in a Money in the Bank contract at WrestleMania when he did so during the main event match between Brock Lesnar and Roman Reigns for the WWE Championship turning it into a triple threat match, with Rollins successfully winning the title. The event has since then been famously dubbed "the heist of the century" in the WWE. WrestleMania 32 in
Arlington, Texas (billed as
Dallas) garnered the largest crowd to ever attend a WWE event, surpassing a disputed 100,000 attendees. In the main event,
Roman Reigns defeated Triple H to capture the WWE World Heavyweight Championship despite a segment of the WWE fans pushing back on Reigns' push from the company in the lead-up. The Authority officially disbanded on May 1, 2016.
New Era (2016–2021) was considered the face of the men's division during the new era having main evented WWE's flagship event
WrestleMania multiple times as well as winning the
WWE Championship and
WWE Universal Championship multiple times during this time frame. The 2016
Payback event, held on May 1, 2016, was billed as the start of a "New Era". In the main event,
Roman Reigns would retain the
WWE World Heavyweight Championship against
AJ Styles. Reigns would go on to be prominently featured throughout this era. In July 2016, WWE launched a
roster split, similar to the one in 2002. The three former members of
The Shield –
Dean Ambrose, Roman Reigns, and
Seth Rollins – have heavily featured since the start of the New Era, with all three men exchanging the WWE World Heavyweight Championship at
Money in the Bank in June 2016. While the
WWE World Championship was assigned to the SmackDown brand, the new
WWE Universal Championship was introduced for the Raw brand, with
Finn Bálor becoming the inaugural champion at the August 21, 2016
SummerSlam event after defeating
Seth Rollins. emerged as one of the biggest stars during that period. She along with
Charlotte Flair and
Ronda Rousey, made history in 2019 by becoming the first women to main event a WrestleMania at
WrestleMania 35. The
Divas division was rebranded as the Women's division and the company introduced a new
WWE Women's Championship and retired the former
Divas Championship. Female wrestlers also began receiving more air time for their matches, and began receiving as much spotlight as their male colleagues, thus the "New era" has been credited as being the start of the "women's evolution." On the Raw-branded
Hell in a Cell pay-per-view event in 2016, Charlotte Flair and Sasha Banks made history being in the first
WWE pay-per-view event main-evented by women and participating in the first-ever women's
Hell in a Cell match. Women started to participate in matches that, before then, were male-only, like the
Money in the Bank,
Royal Rumble, and
Elimination Chamber. On October 28, 2018, WWE held their first all-women pay per view,
WWE Evolution, which saw a highly acclaimed last woman standing match between Becky Lynch and Charlotte Flair, which Lynch won. At this point, Becky Lynch started referring to herself as "The Man", becoming one of the most popular stars. This culminated at
WrestleMania 35, where three women, Becky Lynch, Charlotte Flair, and Ronda Rousey main-evented the PPV, with Becky Lynch winning the match. This would be the first time in history that
WrestleMania would be main evented by women. In another notable occurrence at
WrestleMania 35,
Kofi Kingston became the first African born
WWE Champion by defeating Daniel Bryan at the event. At
NXT TakeOver: WarGames (2017), popular
WCW gimmick match the
WarGames match made its return after 17 years when
The Undisputed Era (
Adam Cole,
Kyle O'Reilly and
Bobby Fish) defeated
The Authors of Pain (
Akam,
Rezar and
Roderick Strong) and
SAni†Y (
Alexander Wolfe,
Eric Young, and
Killian Dain) in a well received WarGames match. In 2018 WWE received criticisms for
holding major shows in Saudi Arabia due to human rights violations there. WWE would go on to establish
Braun Strowman as one of the biggest stars of the company in 2017 after he attacked and injured Reigns during an interview on
Raw. Strowman went on to beat down other wrestlers on the roster and have a decisive victory over Reigns at
Payback on April 30. Top wrestler
John Cena became a part-timer around this time and lost to
Roman Reigns in what is considered as a "passing the torch match" at the
2017 No Mercy event on September 24. Popular stable
The New Day would also register notable success, becoming a record 11-time tag team champions in the company under the
Freebird rule. The New Day and The Shield faced off at the 2017
Survivor Series event, a match the Shield won. Shield member
Dean Ambrose left the WWE in 2019. Their final match together was featured in the special event
The Shield's Final Chapter.
WrestleMania 36 became the first WrestleMania to be taped with no attendance, as opposed to airing live, due to the
COVID-19 pandemic. It was shown on two nights of April 4 and April 5 respectively. In the main event of Night 1, The Undertaker defeated AJ Styles in a Boneyard match, which was well-praised, and later in November 2020 confirmed to be Undertaker's final match. In the main event of Night 2,
Drew McIntyre defeated Brock Lesnar for the WWE Championship in a match critically panned for its short length. Despite having no attendance due to the circumstances, WrestleMania 36 was the most-viewed event in WWE history, with a record 967 million views combining both nights across the company's digital and social platforms. On July 2, 2020, the WWE purchased rival turned partnered-wrestling promotion
Evolve and acquired all their wrestling talents and rights. WWE held the inaugural
NXT TakeOver: Stand & Deliver April 7 and April 8, 2021, as a two-night event.
COVID-19 and the ThunderDome (2020–2021) In March 2020, WWE began to be impacted by the
American onset of the
coronavirus (COVID-19) pandemic. The March 11 episode of
NXT was filmed
without spectators at the
WWE Performance Center facility in
Orlando, as three of the four major sports leagues two days earlier had closed locker rooms to the media as a precautionary measure. As other sports cancellations and postponements followed, WWE, beginning with the March 13 episode of
SmackDown, started filming its weekly programs at the Performance Center with no spectators and only essential staff present. Major pay per view events including
WrestleMania 36 have been aired taped without any attendance as opposed to being aired live.
NXT continued to air from Full Sail University, but under similar restrictions. Live broadcasts returned on April 13, with the existing arrangements continuing; WWE stated to
ESPN.com that "we believe it is now more important than ever to provide people with a diversion from these hard times", and that the company's programming "bring[s] families together and deliver a sense of hope, determination and perseverance". It was subsequently reported that Florida Governor
Ron DeSantis had deemed WWE a business critical to the state's economy, and had added an exception under the state's
stay-at-home order for employees of a "professional sports and media production" that is closed to the public and has a national audience. The decision was met with criticism from media outlets, with several media outlets pointing out that DeSantis' actions happened on the same day a pro-
Donald Trump political action committee led
Linda McMahon, who was previously a part of Trump's cabinet, pledged to spend $18.5 million in advertising in Florida, and that, also on the same day, Vince McMahon was named part of an advisory group created by Trump to devise a strategy in re-launching US economy. On April 15, WWE implemented a series of cuts and layoffs in response to the pandemic, including releasing a number of personnel. WWE executives also took a pay cut, and the company also suspended construction on its new headquarters for at least six months. The firings released significant backlash with both fans; with
Business Insider calling them "livid". Both fans and several media outlets pointed out that while WWE called these actions "necessary due to the economic impact of the coronavirus pandemic", the company also claimed to have "substantial financial resources. Available cash and debt capacity currently total approximately $0.5 billion". DeSantis labeled WWE "essential", which meant that the company's revenues loss would be limited. Beginning in August, WWE moved its events to a new virtual crowd and arena staging, a
bio-secure bubble called the
WWE ThunderDome. The ThunderDome allowed fans to attend events virtually for free and be seen on the nearly 1,000 LED boards within the arena. WrestleMania 37, held in April 2021, would be WWE's first major event to be held outside of the ThunderDome and with live fans allowed back in the arena, though to a limited capacity, with the tagline "Back in Business!", the event being held over two nights with a disputed combined attendance of 51,350 people. The period between the start of the pandemic and before WrestleMania 37 has sometimes been referred as the "ThunderDome Era".
Post-COVID-19 period (2021–2023) With COVID-19 restrictions being gradually lifted during the first half of 2021, WWE returned to having live crowds. For
WrestleMania 37, which took place April 10 and 11, 2021, paying fans - albeit at reduced capacity - attended the event from
Raymond James Stadium in
Tampa, Florida, and the two night show was promoted as WWE being "Back in Business!".
Bobby Lashley who left the WWE in 2008 and came back to WWE after a decade in 2018 won the WWE Championship in 2021 and defeated Drew McIntyre on night 1 of
WrestleMania 37 to retain the title.
Bianca Belair became a dominant star in the women's division in 2021, after she won the
2021 Women's Royal Rumble match and defeated
Sasha Banks in the main event of Night 1 of
WrestleMania 37 to win the SmackDown Women's Championship. On the April 30, 2021 episode of WWE SmackDown, fan-favorite wrestler Daniel Bryan lost to Roman Reigns in a championship vs. career match for the Universal Championship and subsequently left the WWE. WWE NXT was revamped with major changes to "NXT 2.0" starting from the September 14, 2021. WWE would resume full time live touring with full capacity crowds on July 17, with the live broadcast of
SmackDown from
Dickies Arena in
Fort Worth, Texas, followed the next night by the
Money in the Bank pay-per-view in the same venue. At Night 1 of
WrestleMania 38 in April 2022, veteran
Stone Cold Steve Austin came out of retirement after 19 years for a one-time-only match defeating
Kevin Owens. The following night on Night 2 of WrestleMania 38 in the main event Roman Reigns defeated Brock Lesnar in a
Winner Takes All match for the
WWE Championship and
WWE Universal Championship, becoming the first wrestler ever to hold both titles together at the same time. WWE also began heavily pushing
Cody Rhodes and
Rhea Ripley during this time, having them win the
2023 Men's and Women's Royal Rumble matches respectively. While Ripley defeated Charlotte Flair to win the SmackDown Women's Championship at night one
WrestleMania 39, Rhodes was defeated by Roman Reigns in the main event
Undisputed WWE Universal Championship match at night 2 of WrestleMania 39. WrestleMania 39 also became the highest grossing WWE event of all time as of 2023. At
Night of Champions in 2023 Seth Rollins defeated AJ Styles in a tournament final to become the inaugural winner of the newly established
World Heavyweight Championship. On September 2, 2023, WWE held
Payback their final pay-per-view prior to transfer of ownership, in the main event of which Seth Rollins defeated
Shinsuke Nakamura to retain his World Heavyweight Championship.
Leadership changes (2022–2023) (real name Paul Michael Levesque) and
Stephanie McMahon On June 17, 2022, amidst an investigation by WWE's Board of Directors into reported "hush money" paid to a former employee by Vince McMahon following an affair, Mr. McMahon stepped down as chairman and CEO of WWE and was replaced by his daughter, Stephanie McMahon, as the interim chairwoman and CEO of WWE. Despite the change Vince McMahon came out on WWE SmackDown that night opening the show with a brief speech, the highlights of which "then, now, forever and most importantly together" was quoted by various news media as Vince letting people know that he is still in creative control from behind the scenes. On July 22, 2022, Vince McMahon officially retired on Twitter, saying, "At 77, time for me to retire. Thank you, WWE Universe. Then. Now. Forever. Together." Following Vince's retirement, Stephanie McMahon was officially named chairwoman while she and
Nick Khan were named Co-CEO of WWE. Triple H would take over as head of creative, while resuming his position as Executive Vice President of Talent Relations. Commentators have highlighted the significance of Vince McMahon's retirement, saying that it marks the start of a new period in WWE's history. The 2022
SummerSlam event held on July 30, 2022, was the first WWE pay-per-view event to be held under the leadership of Stephanie McMahon and Triple H. On August 18, 2022; WWE Hall of Famer
Shawn Michaels was promoted to WWE Vice President of Talent Development Creative. On September 6, 2022, WWE promoted Paul Levesque ('Triple H') to
Chief Content Officer. On January 6, 2023, Vince McMahon stated his intention of returning to the company ahead of media rights negotiations. WWE's media rights with Fox and USA Network are set to expire in 2024. That same month, JP Morgan were hired to handle a possible sale of the company, with companies such as
Comcast (owners of NBCUniversal and long-time partners of WWE),
Fox Corp (broadcaster of
SmackDown),
Disney (owners of
ESPN),
Warner Bros. Discovery (broadcasters of rival promotion AEW),
Netflix,
Amazon,
Endeavor Group Holdings (owners of
UFC), and
Liberty Media being in the speculation for buying the company with
CAA and Saudi Arabia's
Public Investment Fund also on the list. On January 10, 2023, Stephanie McMahon resigned as chairwoman and co-CEO. On the same day Vince McMahon assumed the role of executive Chairman of the WWE while Nick Khan became the sole CEO of the WWE.
Acquisition of WWE by Endeavor (2023) On April 3, 2023; WWE and Endeavor reached a deal under which WWE would merge with
UFC's parent company
Endeavor to form a new company, which would go public on the
New York Stock Exchange (NYSE) under the symbol "
TKO". Endeavor came to hold a 51% stake in "TKO", with WWE's shareholders having a 49% stake, valuing WWE at $9.1 billion. This marked the first time that WWE has not been majority-controlled by the
McMahon family. Vince McMahon served as executive chairman of the new entity, Endeavor CEO
Ari Emanuel becoming CEO, with
Mark Shapiro as president and chief operating officer. Emanuel did not take on any creative roles with WWE's head of creative
Paul Levesque expected to remain in his role, The deal additionally granted McMahon life tenure as executive chairman, the right to nominate five WWE representatives on the 11 member board, as well as veto rights over certain actions by the new company. In addition, McMahon will own 34% of the new company, with a 16% voting interest. Emanuel stated that this merger would "bring together two leading pureplay sports and entertainment companies" and provide "significant operating synergies". Vince McMahon stated that "family businesses have to evolve for all the right reasons", and that "given the incredible work that Ari and Endeavor have done to grow the UFC brand — nearly doubling its revenue over the past seven years — and the immense success we've already had in partnering with their team on a number of ventures, I believe that this is without a doubt the best outcome for our shareholders and other stakeholders." ==TKO==