With the televised debut of AEW (All Extreme Wrestling) just around the corner, shocking developments are emerging from the company’s sprawling headquarter, Rhodes Towers, in Marietta, GA.

According to an anonymous source identified only as Scorpio S., the fledgling wrestling promotion has been purchased by a Mr. McMahon. Details remain sketchy at the moment.

We had intended to bring you a “Definitive Beginner’s Guide to AEW” today, but clearly the rumored change of ownership takes precedence.

Kayfabe News anchorman Philip N. Marx is live in our studio with more on this developing story: