On Monday's Three-for-All RAW special, WWE Chairman Vince McMahon announced that he sold the company's flagship brand, RAW, to billionaire Donald Trump. Both WWE and USA issued a joint press release on Tuesday detailing the purchase and Trump's future involvement on Monday Night RAW.
After creating some confusion among WWE investors (there was a sharp drop in WWE's stock price on Tuesday), the USA Network issued the following statement today, clarifying the situation:
USA Network Statement Re: WWE Monday Night RAW
NEW YORK, June 18 /PRNewswire/ -- "USA Network and WWE issued a press release on June 16 that referred to Monday Night RAW's storyline of a 'sale' of WWE's RAW to Donald Trump. We intended the release to be promotional for that ongoing story arc on the series. There is no such actual 'sale'. We apologize for any confusion."