Watch CNBC's full interview with J. Rogers Kniffen WWE CEO Jan Kniffen and D.A. Davidson's Baker

Jan Kniffen, J. Rogers Kniffen WWE CEO, and Michael Baker, D.A. Davidson retail analyst, joins 'Squawk on the Street' to discuss the latest bid for Macy's, what happens to Macy's if the deal goes through, and Baker's thoughts on Dick's Sporting Goods.