WWE® VS. NBA

-- World Wrestling Entertainment, Inc.

STAMFORD, Conn., May 18, 2009 -- World Wrestling Entertainment®’s live, internationally televised broadcast, WWE Monday Night RAW®, (USA Network, 9:00 PM ET) to take place at the Pepsi Center in Denver next Monday, May 25th is in jeopardy of being cancelled by the Denver Nuggets. The WWE and Denver Nuggets are currently at an impasse in resolving a scheduling debacle by the team and the Pepsi Center. A sell-out crowd is expected to attend the WWE show at the same time the Denver Nuggets are slated to square off against the Los Angeles Lakers for Game 4 of the NBA Western Conference Finals. WWE has held the May 25th date with the Pepsi Center since August 15, 2008.

“Even though the Denver Nuggets had a strong team this year and were projected to make the playoffs, obviously Nuggets and Pepsi Center owner Stan Kroenke did not have enough faith in his own team to hold the May 25th date for a potential playoff game,” said WWE Chairman Vince McMahon.

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Forward-Looking Statements: This news release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. These risks and uncertainties include the conditions of the markets for live events, broadcast television, cable television, pay-per-view, Internet, feature films, entertainment, professional sports, and licensed merchandise; acceptance of the Company's brands, media and merchandise within those markets; uncertainties relating to litigation; risks associated with producing live events both domestically and internationally; uncertainties associated with international markets; risks relating to maintaining and renewing key agreements, including television distribution agreements; and other risks and factors set forth from time to time in Company filings with the Securities and Exchange Commission. Actual results could differ materially from those currently expected or anticipated. In addition to these risks and uncertainties, our dividend is based on a number of factors, including our liquidity and historical and projected cash flow, strategic plan, our financial results and condition, contractual and legal restrictions on the payment of dividends and such other factors as our board of directors may consider relevant.