Tony Khan’s ROH Purchase Finalized, Former ROH COO Joe Koff Comments on End of Sinclair Ownership

AEW CEO and Ring of Honor owner Tony Khan announced on Twitter that his purchase of ROH was finalized on Wednesday and he has officially taken over as the new owner of the company.

It’s Wednesday, you know what that means:#AEWDynamite LIVE on @TBSNetwork @ 8pm ET/7pm CT TONIGHT!
It’s a stacked card + my 1st day as @ringofhonor owner (the sale just closed), & we’ll crown an undisputed ROH Women’s World Champion!
Thank you everyone watching Dynamite Tonight! pic.twitter.com/b7shEjCqi0

— Tony Khan (@TonyKhan) May 4, 2022

In regards to the sale itself, Post Wrestling’s John Pollock reported that Sinclair Broadcasting’s 8-K filing of the sale stated that ROH was sold to “an affiliate of AEW” which is Khan himself. The filing also confirmed all of the assets that was given to Khan as part of the terms of the deal.

In May, the Company sold certain assets of Ring of Honor Entertainment, including the wrestling promotion’s extensive video library dating back to 2002, brand assets, intellectual property, production equipment, and more, to an affiliate of AEW.

Following Khan’s official purchase, former ROH COO Joe Koff recently posted an update on his Linkedin page about his time in the company and thanking everyone who has shown support towards him and the company.

“As I look back on this amazing journey, there are so many people who joined this journey with me, our staff, our brilliant athletes that you will always know as Ring of Honor, our partners in production and distribution, our vendors and most importantly, you, our fans. I want to thank you personally for your continuous support, belief in me and our product, what we could do, what we would do, what we did! It was the journey of a lifetime and I thank you for sharing it with me.”