Ohio Valley Wrestling majority stake purchased by Kentucky Sports Radio founder Matt Jones, former 21c CEO Craig Greenberg

Ohio Valley Wrestling majority stake purchased by Kentucky Sports Radio founder Matt Jones, former 21c CEO Craig Greenberg
Two prominent local leaders and businessmen announced Tuesday that they have purchased a majority stake in Ohio Valley Wrestling. (Source: WAVE 3 News)

LOUISVILLE, Ky. (WAVE) - A local, independent wrestling organization running since 1993 has announced it will be under new ownership. Two prominent local leaders and businessmen announced Tuesday that they have purchased a majority stake in Ohio Valley Wrestling.

Kentucky Sports Radio founder and host Matt Jones, along with former 21c Museum Hotels CEO Craig Greenberg made the announcement in a press release Tuesday that they have purchased majority interest in OVW, and will lead a group of investors to build on the legacy of the organization. WWE legend Al Snow, along with existing owners Larry Benz, Chad Miller, and Joe Reeves will continue to run day-to-day operations.

OVW is a Louisville-based training institute for up-and-coming wrestling stars, training many well known superstars such as John Cena. CM Punk, The Miz, Cody Rhodes and more. In addition, the program hosts their own live shows broadcast locally and streamed online.

“With a leadership team combining business expertise and enthusiasm for local sports, we believe Ohio Valley Wrestling is poised for even more growth and we can’t wait to see what the future holds for this outstanding Louisville-based organization,” Greenberg said in a press release. “More importantly, during these challenging times, we understand that everyone could use some fun. As lifelong wrestling fans, Matt and I know OVW can play a huge role in delivering that.”

“Craig and I are excited about building OVW’s fan base and viewership, while showcasing the best wrestling in America,” Jones said. “With a legend like Al Snow running the wrestling and our massive KSR fan base joining in, we believe we can take OVW to the next level and create one of the world’s premier promotions right here in Kentucky.  We’re thinking big.  This is only the beginning.”

In celebration of the new ownership investment, Ohio Valley Wrestling will be hosting a free online wrestling experience titled the “2021 Nightmare Rumble” Saturday, January 9 at 7:30 p.m. The event can be streamed live at OVW’s website.

Get the WAVE 3 News app on ROKU, Apple TV and Amazon Fire.
Get the WAVE 3 News app on ROKU, Apple TV and Amazon Fire. (Source: WAVE 3 News)

Copyright 2021 WAVE 3 News. All rights reserved.