Does WWE Still Own OVW?By Coder| September 29, 2023 Wrestling Blogs Does WWE Still Own OVW? World Wrestling Entertainment (WWE) and Ohio Valley Wrestling (OVW) have had a long-standing relationship in the professional wrestling industry. However, there have been some changes over the years that have led to questions about whether WWE still owns OVW. In this article, we will explore the history of their partnership and provide an update on their current status. The History of WWE and OVW OVW was established in 1997 by Danny Davis as a professional wrestling school and promotion based in Louisville, Kentucky. It quickly gained recognition as a breeding ground for future WWE talent. Many notable wrestlers, including John Cena, Brock Lesnar, and Randy Orton, honed their skills at OVW before making it to the big leagues. In 1999, WWE recognized the value of OVW as a developmental territory and entered into a working agreement with the promotion. This partnership allowed WWE to send their up-and-coming talent to OVW for further training and experience before debuting on their main roster. It also provided OVW with exposure and financial support from WWE. Changes in Ownership In 2008, WWE decided to establish its own developmental territory called Florida Championship Wrestling (FCW). This move signaled a shift in focus away from OVW as the primary training ground for WWE talent. FCW eventually evolved into NXT, which has become one of the most popular brands under the WWE umbrella. With the establishment of FCW/NXT, WWE gradually reduced its involvement with OVW. While they continued to maintain some level of partnership, it was no longer as prominent as it had been in previous years. The Current Status As of now, while there may still be some ongoing relationship between WWE and OVW, it is safe to say that WWE does not own OVW outright. OVW has evolved into an independent wrestling promotion that operates without direct ownership or control from WWE. OVW has continued to thrive as a wrestling promotion in its own right, showcasing local talent and providing a platform for aspiring wrestlers to gain exposure. It has also established partnerships with other organizations, such as Impact Wrestling and AEW, further expanding its reach in the industry. In Conclusion While WWE’s partnership with OVW played a significant role in the history of both organizations, the current status is that WWE no longer owns OVW. However, their past collaboration remains an important part of OVW’s legacy. As wrestling fans, we can appreciate the contributions that both WWE and OVW have made to the industry over the years. Whether you’re a fan of WWE, OVW, or professional wrestling in general, understanding the history and current state of these organizations can enhance your appreciation for the sport. Keep an eye on OVW as they continue to evolve and make their mark in the ever-changing world of professional wrestling.