Vince McMahon

Vince described the union between WWE and Endeavor as the biggest thing that he and Emanuel have ever done. When Wapner mentioned the Saudis and Liberty Media ...

In the weeds, which I always loved to get in the weeks in the past, no, I can’t do that.” Emanuel, who previously said Endeavor won’t be involved in the creative process, said that if Vince wanted to return to television he would not stand in the way, though Vince downplayed the idea of the Mr. “It is what it is,” Vince said regarding that agreement along with him receiving a big payoff if the company is sold. Wapner asked Vince if he intends to be as involved in the WWE creative process as he has been in the past. Powell’s POV: Emanuel said he hopes that the new company will go public within four to six months, though he added that it depends on the government. He joked that he would have bodyslammed Vince if he thought he was going to leave. Vince said he’s owned up to every one of them and then moved on. Vince described the union between WWE and Endeavor as the biggest thing that he and Emanuel have ever done. Vince was asked if this is a good day for him. “It’s the right time,” Vince said of the deal with Endeavor. Vince was asked if the deal would have been made had it not been for his personal scandals. “It’s the right time to do the right thing. When Wapner mentioned the Saudis and Liberty Media having shown interest in acquiring WWE, Vince confirmed by saying “sure.”

The Fireside Chat brings you a very special LIVE episode talking WWE being sold to Endeavor and forming a new company with the UFC, all the WrestleMania fallout ...

[WWE sold to Endeavor, Vince McMahon speaks about transaction](https://www.pwtorch.com/site/2023/04/03/wwe-sale-to-endeavor-made-official-mcmahon-speaks-on-transaction/) [HERE](https://www.youtube.com/@pwtorch). SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)...

Endeavor values WWE at $105.98 a share, but the wrestling company closed down 2% at $89.30 on Monday, decreasing the value of Vince McMahon's stake.

The sale of WWE for a stated $9.3 billion value to UFC parent Endeavor Corp. But that price may continue to decline in the months it will take to close the creation of the new company. is almost 30% greater than the highest market capitalization the wrestling company has ever seen. [sale](https://www.sportico.com/business/sales/2023/wwe-ufc-merger-endeavor-1234718167/) of [WWE](https://www.sportico.com/t/wwe/) for a stated $9.3 billion value to [UFC](https://www.sportico.com/t/ufc/) parent [Endeavor](https://www.sportico.com/t/endeavor/) Corp. A third factor could be that WWE shareholders will find themselves holding the bill for Endeavor’s purchase of UFC. [surprising return](https://www.sportico.com/personalities/owners/2023/vince-mcmahon-could-be-wwe-sale-bad-guy-1234701567/) from a six-month retirement to guide WWE to a sale has paid off: WWE shares are about $8 higher than their November peak without the elder McMahon in charge. For the list-conscious among us, that level probably isn’t enough for Vince to make the Forbes 400, the long-watched barometer of American business success. Investors generally don’t like to end up owning a business they didn’t want to own (which is a reason spinoffs often fall in value, for instance). To state the obvious.” Normally, when an acquisition is announced at a premium, shares jump to close to the deal price—or even higher if traders expect a better offer to come along. In a presentation to investors Monday, Endeavor says the deal values WWE at $105.98 a share. The result is McMahon, WWE’s controlling shareholder, will own about 19% of the yet-to-be-named merger of UFC and WWE.

A controversial, figure, Vince McMahon's influence in pro wrestling, whether bad or good, cannot be denied. Here's a full breakdown of McMahon's net worth ...

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." Matchroom Boxing's Eddie Hearn has a [net worth](https://www.celebritynetworth.com/richest-businessmen/business-executives/eddie-hearn-net-worth/) of about $50 million. [ net worth](https://www.forbes.com/profile/vincent-mcmahon/#3623c8981b89) was $1.7 billion. Trump Foundation during years that Donald Trump appeared on WWE programming in the early 2000s. Close to WWE Headquarters is Special Olympics Connecticut, which provides year-round sports training and competitions for all ages with intellectual disabilities. During the COVID-19 pandemic, McMahon sold parts of his shares in WWE through Morgan Stanley. [McMahon's latest deal with WWE](https://www.houstonchronicle.com/business/article/wwe-vince-macmahon-1-2m-salary-stamford-ct-17871206.php#:~:text=Vince%20McMahon%20gets%20new%20WWE%20employment%20deal%2C%20including%20%241.2%20million%20salary,-Paul%20Schott&text=March%2031%2C%202023%20Updated%3A%20March,%241.2%20million%20annual%20base%20salary.) puts his annual salary at $1.2 million. The move is expected to be profitable for WWE and himself. In the ring, he has been an authority figure, wrestler, champion, Royal Rumble winner, and enemy of “Stone Cold” Steve Austin. He later rose to fame as a play-by-play commentator and, eventually, brought the evil Mr. After taking over the-then WWWF company from his father, Vince McMahon has helped turn WWE into a true force within the sports and entertainment industry. McMahon, 77, started in the wrestling business as a ring announcer in 1969.

WWE was sold to Endeavor on Monday morning and will merge with UFC to form a $21 billion dollar sports and entertainment company.

At closing, Endeavor intends to sweep all excess cash at UFC, and shareholders of the new company (other than Endeavor) are expected to receive a post-closing dividend. The listing of NewCo will expand the collective investor base to allow for broad market participation across Endeavor and NewCo. Dana White will continue in his role as President of UFC and Nick Khan will serve as President of WWE. McMahon continued, “Together, we will be a $21+ billion live sports and entertainment powerhouse with a collective fanbase of more than a billion people and an exciting growth opportunity. The transaction is expected to close in the second half of 2023. “This is a rare opportunity to create a global live sports and entertainment pureplay built for where the industry is headed,” said Ariel Emanuel, CEO of Endeavor. WWE issued a press release today confirming the news coming out of yesterday’s report from CNBC that Endeavor would acquire WWE and merge the company with UFC to create a new company. Upon close, Endeavor will hold a 51% controlling interest in the new company and existing WWE shareholders will hold a 49% interest in the new company. Together, UFC and WWE will have global reach, impressive scale and omnichannel distribution. “Together, we will be a $21+ billion live sports and entertainment powerhouse with a collective fanbase of more than a billion people and an exciting growth opportunity. (NYSE: WWE) (“WWE”) today announced that they have signed a definitive agreement to form a new, publicly listed company consisting of two iconic, complementary, global sports and entertainment brands: UFC and WWE. (NYSE: EDR) (“Endeavor”) and World Wrestling Entertainment, Inc.

Dave Meltzer confirmed a PWInsider report from Monday night saying that Vince McMahon was in charge of much of Raw on Monday. "He was running TV tonight," ...

WrestleMania weekend is always one of the busiest on the wrestling calendar, but the last three days have been more hectic than usual for WWE fans.

Meltzer says that although the broadcast began with Triple H calling the shots, Vince McMahon slowly but surely took over things. About a week ago, WWE CEO Nick ...

WWE Chairman Vince McMahon was "personally and heavily involved" with last night's post-WrestleMania 39 edition of RAW in Los Angeles. A new report from.

The impending sale of WWE to Endeavor Group Holdings is under investigation. Felix Upton of Ringside News noted Tuesday that Ademi LLP, a law firm that…

Bleacher Report catches you up on the latest news from WWE and AEW. Vince McMahon's Meddling Returns to WWE Raw; Superstar Morale Down Well, ...

Cody still had to go back and forth and everything, but it was Vince who largely was the one who got this deal done, so Cody's not some guy that Vince hates, he's a guy that Vince brought in." "It was always going to be Cody or The Rock vs. But, Vince was the one who flew to Cody with Bruce Prichard and Cody at the time wasn't looking to go." The leader of Damage CTRL did not accompany IYO Sky and Dakota Kai to the ring despite Listen to Ring Rust Radio for all of the hot wrestling topics. "Another thing is that Vince is the one who personally recruited Cody Rhodes, not Triple H. So he's going to be doing the busy work and all of that stuff. Johnson's report noted a "huge negative shift in morale" among performers who were at the Raw taping. The latter years of McMahon's tenure running creative were rife with last-minute rewrites and chaos that drained talent. [Sean Ross Sapp](https://twitter.com/SeanRossSapp/status/1643077278799126529) of Fightful reported there were two women's triple threat matches slated for the card that were removed at the last minute. [Mike Johnson](https://www.pwinsider.com/ViewArticle.php?id=169851) of PW Insider reported McMahon was "firmly" back in charge of creative, having his own office and making several rewrites to the script in the hours leading up to the event. "He's back in charge.

PWTORCH PRIVACY POLICY · WKPWP Interview Classics (10 Yrs Ago): Scott Hall & Sean Waltman mega-interview talking Razor gimmick, Vince-Bischoff comparison, more.

McMahon left the company amidst a WWE Board of Directors investigation into hush money payments that he allegedly made to employees with whom he allegedly had affairs with. McMahon will serve as the executive chairman of that new company, which does not currently have a name. [PWInsider](http://www.pwinsider.com) is reporting that McMahon was heavily involved in Raw and even orchestrated late rewrites as close to 15 minutes before the show went live.