Vince McMahon

WWE executive chairman Vince McMahon has a new employment agreement that will pay him as much as $7.6 million this year; additionally, he will receive a ...

McMahon character he plays in WWE storylines. WWE (NYSE: WWE) detailed the executive’s new [compensation](https://www.sportico.com/t/compensation/) agreement in a regulatory filing Friday morning. Along with that potential $8.7 million (or greater) pay out, any unvested equity awards will also immediately convert into shares. His 28.7 million total shareholdings in WWE are worth $2.6 billion, based on Thursday’s closing price of $90.60. He also gets 20 vacation days and three personal days annually. [WWE](https://www.sportico.com/t/wwe/) executive chairman [Vince McMahon](https://www.sportico.com/t/vince-mcmahon/) has a new employment agreement that will pay him as much as $7.6 million this year; additionally, he will receive a rich pay package should he leave the company if it’s sold.

Vince McMahon is set to attend WrestleMania 39 and he'll be doing so as an official employee of the company per a new SEC filing.

As part of the new agreement, Vince will receive an annual base salary of $1.2 million. who quotes a new filing with the SEC, "Vince McMahon entered into a new employment agreement with WWE as of Wednesday." It has been revealed that McMahon was officially re-hired by the company as an employee this week.

Vince McMahon's two-year World Wrestling Entertainment contract would give him a handsome severance package and the rights to his "life story" if the ...

[WWE HIRES FIRMS TO EXPLORE ‘STRATEGIC ALTERNATIVES’ IN NEXT STEP TOWARD POTENTIAL SALE: REPORT](https://www.foxbusiness.com/sports/wwe-hires-firms-to-explore-potential-sale-report) [CLICK HERE TO GET THE FOX NEWS APP](https://www.foxnews.com/download) [Fox Business has reached out to WWE](https://www.foxnews.com/category/organization/wwe) for comment. She resigned in January, leaving Nick Khan as sole CEO. [CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM](https://www.foxbusiness.com/category/sports) [the company](https://www.foxnews.com/category/sports/pro-wrestling) is sold, and he retains the exclusive rights to his "life story." [looking to sell the company,](https://www.foxnews.com/sports/vince-mcmahon-plotting-return-wwe-intends-sell-company-report) and McMahon could get at least $11 million in a severance package, according to The Hollywood Reporter.

McMahon will earn a base salary, stock equity and more incentives.

Solidifying his return to WWE, Vince McMahon has a new employment deal with the company that will pay him a $1.2 million base salary.

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A new SEC filing with an update on both Vince McMahon and Nick Khan. It is coming up on three months since Vince McMahon returned to WWE and was voted back ...

Khan’s agreement went into effect on March 29th. If McMahon is terminated from the company as a result of a ‘change in control’, he will then be eligible to receive a lump sum cash payment equal to two times of his then-current base salary in addition to benefits such as health and welfare continuation for a two-year period following the termination. [voted back onto the company’s Board of Directors](https://otp.tools.investis.com/clients/us/wwe/SEC/sec-show.aspx?Type=html&FilingId=16530469&CIK=0001091907&Index=10000) as the Executive Chairman.

So you thought Vince McMahon was only sticking around for those sale and media rights negotiations, did you? It seems McMahon has other ideas.

Rumors that McMahon is [back in control](https://www.patreon.com/posts/wwe-sale-rumors-80690613) have spread throughout not only the WWE locker room but the AEW locker room as well. McMahon has [reimbursed WWE](https://bleedingcool.com/tv/vince-mcmahon-pays-wwe-hush-money-costs-may-pay-more-in-future/) for over $17 million in payments and agreed to consider future reimbursements if more payments are made or discovered. [continued to make payments](https://bleedingcool.com/tv/vince-mcmahon-pays-multimillion-dollar-settlement-to-rita-chatterton/), including one to Rita Chatterton, the WWE's first-ever female referee, who accused McMahon of sexual assault in the 1980s. [spotted backstage](https://bleedingcool.com/tv/vince-mcmahon-reportedly-backstage-at-wwe-raw-sporting-mustache/) during an episode of WWE Raw sporting a mustache, though he hasn't regularly attended WWE shows since his return. But like the wrestling world's own Rasputin, when it comes to an almost supernatural ability to survive scandals, he [returned to power](https://bleedingcool.com/tv/wwe-sec-filing-details-vince-mcmahons-power-grab/) in early 2023. Well, folks, it looks like the saga of Vince McMahon's return to power at WWE will continue for the foreseeable future.

Solidifying his return to WWE, Vince McMahon has a new employment deal with the company that will pay him a $1.2 million base salary.

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From his retirement, business dealings, to current position, here is all you need to know about Vince McMahon's status in WWE.

Later reporting said McMahon [agreed to pay](https://www.sportingnews.com/us/wwe/news/wwe-vince-mcmahon-reportedly-12-million-hush-pact-16-years/dklp1fm6zhfgpixl6ubbewxy) "more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity." [stepped down as CEO](https://www.sportingnews.com/us/wwe/news/vince-mcmahon-retire-wwe-pro-wrestling-hush-pact/bli9eouvqqvsujfbbp5luvft) of the company but continued to hold creative control of WWE. [Brandon Thurston of Wrestlenomics](https://twitter.com/BrandonThurston/status/1550582194657165313?s=20&t=OFzMDZ47SZnNsz2P48p18g) later reported that McMahon would no longer have creative control after he told everyone he retired from the company. A lot of folks help me to help run the WWE.“ Those rumors have attempted to be dispelled by higher-ups in WWE. [All you need to know about WWE WrestleMania 39](https://www.sportingnews.com/us/wwe/news/wwe-wrestlemania-39-dates-start-time-odds-ppv-schedule-card/dhymqdfuuyqhpk90xnmoa0bi) In January, Stephanie announced her resignation from the company, just as Vince unanimously was voted back in as executive chair on the Board of Directors. That gives him the right to have a say in any biography, life story, and all other rights of publicity and persona relating to himself or the McMahon WWE character. "There’s only one person who actually runs the WWE, Vince McMahon. McMahon indicated any potential sale or rights deal couldn't get conducted without his involvement. The deal is retroactive to January 9, 2023, when he reinserted himself on the Board of Directors. Along with a base salary of $1.2 million, McMahon could receive a $2.4 million lump sum payout.