The head honcho of Aro Lucha provides some insight.
This past March it was reported via the 'Tennesseean' that former three-time WWE World Champion Rey Mysterio was set to become a co-owner of the 'Aro Lucha' wrestling promotion. Aro Lucha ran its first show during the fall of 2017 and is known for their unique business model that allows the fans to become shareholders of the promotion.
Founded by Jason Brown, and Ron and Don Harris who were once known as "8-Ball" and "Skull" from the WWF, the Nashville, Tennessee based promotion brought along one of the most highly regarded luchadores in Rey Mysterio to help push things forward. The last show that Aro Lucha held was this past summer on June 17th. Rey Mysterio has stated during interviews that what is happening with Aro Lucha is "revolutionary" in terms of the business being fan-owned. Mysterio is a revolutionary star himself and he recently inked a deal with the company that featured him on a global stage and that is WWE. Now that Mysterio is back in the sports-entertainment company full-time there were questions concerning his status as a co-owner and stockholder in Aro Lucha.
I reached out to Aro Lucha CEO Jason Brown about Mysterio's status with the promotion now that Rey is back with WWE full-time and Brown had the following to say:
"We always had open discussions with Rey and he informed us that he wanted to join Aro Lucha and see it succeed, but that he always wanted to end his career at the WWE." Brown explained. "At the time of our initial conversations, there was no discussions with the WWE or a timeline, so we all thought it could be 2 or 3 years before he decided to go back. Rey continues to hold stock in the company and we are a place that he can return to and help outside of WWE. We want what is best for Rey and the opportunity for him to return happened a lot faster than any of us predicted, including Rey. Our relationship with Rey is good and we will continue to grow the brand while he is away. We are different than the WWE and there are special reasons why Rey found Aro Lucha interesting. He said something in the WeFunder video, something to effect that he loved Aro Lucha because it was 100% lucha and for the lucha fans, that's what makes us different and unique." Brown concluded.
You can stay up to date with everything Aro Lucha by heading over to their Facebook page where updates about the promotion are consistently being posted.