Vince McMahon WWE

2023 - 1 - 7

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Image courtesy of "Front Office Sports"

Can Endeavor Handle Dana White and Vince McMahon? (Front Office Sports)

The actions of another unapologetically macho and ruthless combat sports exec this week could make those questions harder to answer. UFC president Dana White ...

White spoke at the 2016 Republican National Convention and described Trump as a “very good friend of mine” to Fox News commentator [Tucker Carlson](https://twitter.com/TuckerCarlson/status/1574597234687188996?s=20&t=BoJ3EF3jHnOYXCPTfIRqig) in September. The question now is what level of conduct would he be willing to tolerate from not one, but two, unpredictable partners who lead those companies? John McCain referred to as “human cockfighting” in 1996. UFC was teetering on bankruptcy and still had the cage-fighting stigma Sen. “I don’t believe [McMahon’s history] will give Ari pause,” Ross said. He’s a killer. White and his wife, Anne, apologized for their conduct. Yes, that would be something interesting and it would be worth exploring. “They didn’t want him to come back. Endeavor’s debt load sat at $5.43 billion per its last McMahon purchased Capitol Wrestling Co. [podcast](https://www.theringer.com/2022/10/14/23404200/the-evolving-relationship-between-talent-and-representation-with-endeavor-president-mark-shapiro) in October: “When it comes to WWE?

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Image courtesy of "CNBC"

Vince McMahon is back at WWE to ensure a smooth sale process ... (CNBC)

World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las ...

[Apple](/quotes/AAPL/), which is also interested in sports rights but has almost no history of doing multibillion acquisitions, Amazon [spent $8.45 billion on MGM](https://www.cnbc.com/2021/05/26/amazon-to-buy-mgm-studios-for-8point45-billion.html) and [$13.7 billion for Whole Foods](https://www.cnbc.com/2022/08/25/how-whole-foods-has-changed-in-the-five-years-since-amazon-took-over.html). Fox sold off most of its entertainment [assets in its $71 billion sale to Disney in 2019](https://www.npr.org/2019/03/20/705009029/disney-officially-owns-21st-century-fox), but WWE fits with the smaller company's sports and live events focus. ["the bar is the highest it's been in terms of M&A" ](https://www.hollywoodreporter.com/business/business-news/comcast-ceo-downplays-deal-chatter-we-really-like-the-company-weve-got-1235249945/)and has repeatedly said the company isn't in a rush to pursue an acquisition. [both publicly and privately that while he's not interested in renting sports rights](https://www.cnbc.com/2022/12/06/david-zaslav-warner-bros-discovery-cash-flow-debt.html), he would be interested in deals that give the company ownership over IP. The global success of Formula 1 could provide a roadmap for a future WWE strategy. [Friday Night Smackdown](https://www.fox.com/wwe-friday-night-smackdown/), and the company may feel the time is right to increase scale given its News Corp. Selling to a third party would also allow WWE to increase rights renewals every few years. [Disney](/quotes/DIS/). Comcast [Comcast](/quotes/CMCSA/), which owns NBCUniversal, is a potential fit as a buyer for WWE. [told investors that McMahon's role at the company is essential in "our ability to create popular characters and creative storylines." Returning to the board will give potential buyers confidence he's supportive of the details of any transaction. WWE plans to talk to potential buyers before it makes a decision on TV rights renewal agreements.

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Image courtesy of "Bleacher Report"

WWE Rumors: Vince McMahon Wanted to Regain Creative Control ... (Bleacher Report)

Before settling for a spot on the board of directors upon returning to WWE this week, former WWE chairman and CEO Vince McMahon reportedly wanted to regain.

Listen to Ring Rust Radio for all of the hot wrestling topics. Vince McMahon is back on WWE's board of directors. Thomas also reported that McMahon wants to shop WWE for a potential sale. [Lauren Thomas](https://www.wsj.com/articles/vince-mcmahon-plots-return-to-wwe-11672952709) of the Wall Street Journal reported Thursday that McMahon intended to rejoin the board of directors in order to have a hand in WWE's media rights negotiations, which are expected to begin this year with the deals expiring at the end of 2024. [Nikunj Walia](https://www.ringsidenews.com/2023/01/06/vince-mcmahon-originally-wanted-to-regain-creative-control-of-wwe/) of Ringside News), McMahon had a desire as of a week ago to return to running WWE creatively, but the decision was instead made for him to focus on a larger business-related role with regard to shopping media rights and potentially executing a sale of the company. Before settling for a spot on the board of directors upon returning to WWE this week, former WWE chairman and CEO Vince McMahon reportedly wanted to regain creative booking power in the company as well.

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Image courtesy of "CityNews Ottawa"

Vince McMahon rejoins WWE board after misconduct investigation (CityNews Ottawa)

The Stamford, Connecticut, company said that it would be looking at “all strategic alternatives to maximize shareholder value.”

McMahon controlled a majority of company shares even after his retirement, giving him the power to engineer a board shakeup upon his return. It announced a multi-year expansion of its original programming partnership with A&E in May 2022. The company on Friday did not immediately return requests from The Associated Press seeking details about the findings of that committee. The Royal Rumble takes place this month in Texas, while Wrestlemania, a two-day event, begins in April. “I believe WWE has a unique opportunity during this critical juncture to maximize value for its shareholders and all other stakeholders,” McMahon wrote. For readers in America, a list of resources and references for survivors and their loved ones can be found [here](https://www.rainn.org/national-resources-sexual-assault-survivors-and-their-loved-ones?utm_source=citynews%20ottawa&utm_campaign=citynews%20ottawa%3A%20outbound&utm_medium=referral).

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Image courtesy of "The Deep Dive"

WWE Is Back! Vince McMahon Returns to Board Following Hush ... (The Deep Dive)

Vince McMahon, the owner and former CEO is back on the World Wrestling Entertainment Inc. (NYSE: WWE) board of directors, after stepping down from executive ...

The author has no securities or affiliations related to this organization. The author holds no licenses. The wrestling promoter justified his return with intentions of pursuing a potential sale, getting involved in WWE’s media rights deals, and maximizing shareholder value. Coinciding with his return, the WWE pioneer also made adjustments to company bylaws, including a new requirement whereby McMahon needs to grant approval for all media deals or a company sale. In other words, we must unify the Company’s decision-making regarding these two interconnected initiatives to fully capitalize on this unique opportunity.” When he abdicated his CEO and chairman post, McMahon was replaced by his daughter, Stephanie McMahon.

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Image courtesy of "LordsofPain.net"

Jim Cornette on Vince McMahon Possibly Scaring WWE Stars Away ... (LordsofPain.net)

The biggest news in the world of pro wrestling right now is the return of Vince McMahon to the WWE Board of Directors, and a potential sale of the.

Yeah, I don’t know at this point if he would say, I’ve got to be, you know, that would be a sticking point on the deal, I got to be in charge. But I don’t think that the individual boys that came back because they didn’t want to be booked by Vince are currently going to have anything to worry about. If using any of these quotes in your own article on other websites, please credit Joshie Lopez with a H/T link back to WrestlingHeadlines.com for the transcription. He’s going to prioritize the main shit, as well as spend all of his time with the lawyers and the negotiators and the accountants and all this stuff. And in this year, they’re going to be reviewing the media rights deals and trying to get more money from whoever. So, if they give them a sale, the company’s going to be worth more money, maybe more real world business will treat the talent better from a financial standpoint or from a benefit standpoint or whatever. Here’s the thing, they may benefit from this if the stocks are already up, the people want a sale, apparently. Either they have been intending to sell the company this year, along with the media rights and he said, nobody is going to do that except me or he has decided now as Vince often does when he gets an idea in his head that this is the right thing to do, that they’re going to explore sales and the media rights at the same time and ain’t nobody going to do that but him. They’re obviously now going to be entertaining suitors to buy the thing, outright. If he was younger, I think that would almost be a certainty, but at this point now, does he just want the final I’m going to wipe it across the face of the board and everybody told me to retire, I’m going to come back, the stocks are going to shoot up through the roof. It’s his crop, he planted the seeds, he watered it, he cultivated the soil, he did all this and now by God he’s going to walk across hell with gasoline britches on to make sure that nobody gets handed that check but him.” But one way or another, when somebody hands some other motherfucker a check for five billion dollars, that other motherfucker receiving it is going to be Vince McMahon.

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Image courtesy of "syracuse.com"

WWE's Vince McMahon returns after misconduct investigation (syracuse.com)

WWE said Friday that McMahon, the founder and majority shareholder of WWE, would return as executive chairman. It also announced a board shakeup. Shares surged ...

McMahon controlled a majority of company shares even after his retirement, giving him the power to engineer a board shakeup upon his return. It announced a multi-year expansion of its original programming partnership with A&E in May 2022. The company on Friday did not immediately return requests from The Associated Press seeking details about the findings of that committee. The Royal Rumble takes place this month in Texas, while Wrestlemania, a two-day event, begins in April. “I believe WWE has a unique opportunity during this critical juncture to maximize value for its shareholders and all other stakeholders,” McMahon wrote. [stepped down temporarily](https://apnews.com/article/sports-vince-mcmahon-wrestling-28e22d3c652591f42d47ef0285564623) from the posts a month earlier.

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Image courtesy of "NESN.com"

Which Companies Could Vince McMahon Sell WWE To? (NESN.com)

Vince McMahon is back on the WWE board, and it likely appears he is setting up the company for a potential sale.

It’s possible the majority owner is seeking a deal similar to Endeavor and UFC, where White remained president and has control over his company after it was purchased. The company might want to use WWE as a backup plan if things with UFC does not end well. The Wall Street Journal [reported in December](https://nesn.com/2022/12/vince-mcmahon-reportedly-planning-wwe-return-amid-allegation-demands/) Rita Chatterton, WWE’s first female referee, and a former spa owner have filed civil suits against McMahon over previous sexual assault allegations. The potential suitors makes sense since all the companies have the capital for a large purchase. A big question with a sale would regard what happens to McMahon. The 77-year-old’s Class-B shares grant him majority voting power, so any sale would need to be approved by him. Three board members [were removed](https://t.co/vyWqfHzzjJ) and two resigned. He also stated he has the power to approve or reject any media rights deal. [has hired JPMorgan](https://www.cnbc.com/2023/01/07/who-would-buy-wwe-as-mcmahon-returns-to-board-to-pursue-sale.html) to advise a sale, and if it does happen, it would occur before the company finalize its media rights deal likely in the middle of this year. Comcast is the parent company of NBC Universal, and the company could decide to just buy the company rather than pay WWE for media rights and streaming deals — FOX has the same argument. [stated the decision](https://nesn.com/2023/01/why-vince-mcmahon-wants-to-return-to-wwe-as-executive-chairman/) was to set up shareholders in a position where it would benefit from a potential sale and help the company in its media rights renegotiations this year. [reinserted himself](https://nesn.com/2023/01/what-vince-mcmahons-return-to-board-means-for-wwe/) and former company presidents Michelle Wilson and George Barrios onto the WWE board of directors Friday.

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