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That is NET domain name and not COM.
And domain name itself can be used as abbreviation only.
So if you can find out some phrases for this abbreviation and stick them like an idea I suppose you will be able to get pretty good price for that.
Considering the branding efforts which the wrestling league and clothing retailer have put into the term, if used incorrectly, could cause this name to be a TM risk. However, if you use it for a generic meaning, in a way which does not interfere with the business of another entity which might have interest in the term, this could defend you against a trademark claim. Do not consider this to be legal advice.