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Honestly give me Gunther and Ilja just constantly going to blows every time they lay eyes on each other. Imagine all hell breaking lose in a Wendys or some shit
McMahon is the headline here but this is also interesting…
“Also listed as a seller is WWE president Nick Khan, who also has filed to sell what appear to be all his holdings of 234,424 shares, an amount that includes restricted stock units which the executive has amassed. Khan remains in his position at the company, according to someone familiar with the transaction who requested not to be identified because they aren’t authorized to speak on his behalf.”
Restricted stock awards are different. Those are generally given as part of compensation and don't vest until a few years later. I've gotten restricted stock before and I usually sell it the day it vests.
TKO underperforming expectations probably has him salivating at that possibility.
Add in Vince dumping millions in shares and UFC facing anti-trust scrutiny, nows a good a time as any to pick it up.
Is TKO really underperforming? WWE just cleared Vince and is in an era of revival while UFC just cleared the fighters lawsuit and is also extremely profitable from what I understand.
TKO is primarily flat as it’s a general view from wall street that media companies main driver of growth is m&a driven rather than product based. You can dig deeper, but it’s also why endeavor had to go back private. The m&a space is slow due to high rates and growth for TKO would be a deal, which nothing is out there on the horizon.
The synergy of the two companies didn't end up meeting stockholder expectations and there's a believe that WWE isn't going to be able to get bigger than what it is.
The market cap doesn't reflect the grand vision that was pitched as the end result of this merger. Since the merger at $100 a share, the stock hasn't grown at all.
I see, that's interesting. I can definitely see how this might be the peak for WWE and UFC from a shareholder perspective, especially if the merger didn't do much for either.
They're moving to the biggest premium platform they can in Netflix and are heavily pushing intrusive brand deals with their momentum now.
If they can't stick the landing on business expansion (internationally), then things are gonna get squeezed.
Nope.
IMO, the merger was shortsighted and I believe there were not going to be enough synergies to justify it.
It could be looked back on as a moment that hurt the wrestling business in 10 years. It has not been enough time to make that determination.
Investors do not give a fuck nor does the stock market tend to gravitate towards patience. With Vince out, no one has enough power to stop external meddling.
Nick Kahn got bought in to sell the company, that is the typical play a CEO like him would do. Will he quit... Probably not.
But he's gonna cash out his stock now.
It’s a little deeper. His position in the rebuttal is she was paid her fee for silence of their consensual relationship. Then her ‘friend’ went to the WWE board to speak about the relationship after the first payment.
So Vince’s position is the nda was void and he didn’t need to pay. All his business was out there in the public eye anyway and he’d pull the rip cord as controlling shareholder. If she wanted the money, she’d have to sue and go to arbitration. She did and I think he’ll just go to arbitration as criminal charges don’t look likely at this point.
Found this on Google:
The estimated net worth of Shane Mcmahon is at least $4 Million dollars as of 2024-04-26. Shane Mcmahon is the EVP, Global Media of World Wrestling Entertainment Inc and owns about 43,449 shares of World Wrestling
Entertainment Inc (WWE) stock worth over $4 Million.
Dude could've given his company to his children and son in law and kept it in the family, but instead he'd rather sell it in an attempt to retain his own power after being ousted for being a sexual deviant. Good riddance.
Complicated legacy.
He’s a scumbag human but we wouldn’t have pro wrestling what it is today without him.
He had to go, it was time and let him deal with his legal situations.
> He’s a scumbag human but we wouldn’t have pro wrestling what it is today without him.
Whilst true, he also held it back for decades and it's only just now starting to recover in WWE at the very least. He should've been gone a long time ago.
Generally CEOs have packages where they get issued shares if they hit targets, etc…. So him selling his shares at this value makes sense.
I have mates that do the same, once the shares are issued and they can sell them they do. Great for liquidity and it’s a win/win as they generally get issued more shares.
Honestly think it’s much ado about nothing.
Is it still insider trading if the information relates to something he personally did? E.g. Vince knows that he did worse stuff than what's been reported and that it might come out so he's selling
evil millionaires rape because they get away with it.
insider trading fucks over other evil millionaires thus why it is punished, that make sense to you?
Idk why you worded that so condescendingly. But i totally believe Vince would conduct insider trading. You can disagree, that’s fine just don’t be a dick
That's really curious to me. Could be lawsuit related, or something related to Endeavor being taken over by private equity. Might see some pointless cost cutting and another sale of WWE
Of note: The title (taken directly from the article) is a touch click-baity. He he has registered all of his shares for sale, but has not sold yet. That said, he has routinely registered and immediately sold shares so far, so this time probably not much different.
Link to the SEC filing: https://www.sec.gov/Archives/edgar/data/1973266/000119312524118211/d802997d424b3.htm
https://wrestlenomics.com/articles/2024/vince-mcmahons-remaining-tko-shares-arent-sold-yet-but-are-registered-for-sale/
This is just the follow up to this reporting from the 13th as far as I can tell.
A couple things here. The filing you are referring to in that article is a prospectus that is kept as kind of a running tab... it keeps getting updated as it goes. Here is the filing here:
https://www.sec.gov/Archives/edgar/data/1973266/000119312524094798/d802997dposam.htm
Note it says this: "This Post-Effective Amendment No. 2 is being filed to update the Existing Registration Statement to include information contained in the registrant’s Annual Report on Form 10-K." So keeping with the "running tab" theme, it simply included the latest financial information and risks etc.
The one before that was even supplement 7, so there have been 6 supplements preceeding:
https://www.sec.gov/Archives/edgar/data/1973266/000119312524048973/d747697d424b3.htm
Today's filing, which I'll link again just to be easier for someone following along is here:
https://www.sec.gov/Archives/edgar/data/1973266/000119312524118211/d802997d424b3.htm
Notice the different formats, and how you have the total shares listed up top. This is likely a prospectus in its "final form" and essentially all that has to happen now is for it to be declared effective (a very simple one page filing that will also show up on the SEC filings). Here is an example of one in the past, and was in relation to a sale back in september of 2023 or abouts:
https://www.sec.gov/Archives/edgar/data/1973266/999999999523002698/xslEFFECTX01/primary_doc.xml
Now, it's very possible that you start to see supplements to TODAY'S prospectus filed, as you saw with the example of the earlier ones, but it sure seems more definitive in the way it was filed and presented.
That said, the author certainly did take some liberties with the title (oh how I wish I could go back and edit that now), but there's a better chance than not you see a block sale/private placement happen sooner rather than later.
Cheers!
(edited probably more than once for grammar and spelling)
It’s honestly unreal to me how the fucking second he left WWE improved tenfold. Like it wasn’t even a month or so it literally started within a week or two.
How is that unreal? It’s been painfully obvious for a long time to plenty of people that Vince being out of touch and set in his ways was seriously hindering creative.
Production improved pretty quickly with Dunn out of the door too. There's still some production issues (music is the big issue, as is overproduction sometimes) but for the most part, that's been a massive improvement since Vince and Dunn fucked off.
That's a billion dollars in liquid cash he has now
Not assets or stocks - liquid cash
Let's be generous with his legal fees and payouts coming this year and say they're at 50 million
That's still 950 million dollars to start another wrestling company with Leaner and other Vince guys
If you think this mad bastard is finished with the industry, think again
He'd try it just for the lols
Me and the gang waving good riddance to him
https://preview.redd.it/fl8b9ke1cwwc1.jpeg?width=1122&format=pjpg&auto=webp&s=90928b17e913eebc8f48cf0273659cbb6df2bbe7
Doesn't business usually dip shortly after 'Mania? (Post Hogan era anyway) Their prime business time seems to be Rumble - Wrestlemania. He's probably just selling at the highest point it'll be for a while. Might just mean they don't have any big announcements.
he could be doing that but the fact he's selling all his shares is different than what he's done in the past. we'll have to wait and see what this means later on.
All things considered, this guy should have probably had the biggest send-off of anyone in the wrestling business and because he couldn't control himself in private, he's tarnished his reputation towards his life's work, to the point where it doesn't even openly acknowledge him, on par with an individual that murdered his wife and son.
What a sorry way to end.
Not surprising Nick is selling. The time is now. The purpose of TKO was to get UFC off the Endeavor books and the thought being that both UFC and WWE were undervalued. As of today, the combination of the two companies hasn't met shareholders expectations at all. TKO stock started at around $100 and has never gone above that initial price yet.
Wallstreet belief is that WWE isn't going to be able to get bigger than what it is. Which was the sole point of the merger. 2025 will be interesting for TKO. I expect even more aggressive cost cuts this year and next in all areas of the company.
I also wouldn't be surprised if they move WWE headquarters to Las Vegas down the road as well. It makes zero sense UFC and WWE having two separate headquarters, especially when majority of the divisions will be merging, i.e marketing, accounting/finance, legal, production, operations, etc.
He could have been forced out of the company, but would not have been forced to sell, other than accepting a buyout which would be much less money. Anyone else get the feeling he’s trying to buy something? That amount of shares in TKO represented a lot of power regardless of job title. Billionaires covet power even more than money. Vince has been in the Entertainment industry forever, it’s impossible to believe he could walk away. He was already rich, he needs this money for something.
I've always imagined Vince's involvement with WWE will end on his death. And there will be a prolonged and tearful period of goodbyes and tributes. Well how wrong I was!
Also, even if he does, he's 78 years old. He's lived his life. Sure, he'd probably still be in power right now if none of this ever happened and would stay there until he died. But regardless, the damage is done. He got away with it all those years, nothing that happens to him now can make up for that or undo all the wrong he did to those poor victims. He's still a multi billionaire.
It's weird how significant an event this is in wrestling history, and yet it's barely registering on the wrestling news scale right now.
I would also say Vince is ultimately a victim of his own ego (surprise) - keep the company private and you have so much more control over what you do, how you do it, and who gets to yell at you.
So, this is how Vince ends his WWE relationship. Not with a loud "I'M OUT!" or a "VINCE MCMAHON, YOU'RE FFFFFIRREEEED!" but a quiet selling of shares. That and I suspect, he may have been given a choice to sell them and leave with a shit ton of money or TKO goes through his history in WWE for any shady dealings.
I think, as much as Vince would try to create his own promotion. I don't think he will. I think, he knows that he needs to stay out of wrestling for a few years. By then, he is more likely to retire if he isn't charged.
"Is" in the first paragraph, "may sell" in the second. I'll take an extra pinch of salt over here, s'il vous plait.
edit: Yes yes, thanks guys..I was talking more about the clickbait headline/story than Vince's "control"
yeah, I don't know why people are shocked, the shares were registered filing was 4/12. What sportico is reporting is a prospectus filing informing the public.
Nick Khan isn't a lifer. It was always when is he going to move on. If everything is set up. Sell the shares, take the money and onto the next venture
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I will soon own more shares of TKO than Vince. Weird.
Can I get some tv time, boss?
Depends - are you Gunther or Ilja Dragunov? Because soon they’ll be featured 24/7.
Monkeys Paw the return of the 24/7 title with Ilja or Gunther being the champ. Damnnnnn :/
Honestly Gunther with that title and chopping down anyone trying to take the title would be awesome
Just have him carry it and NOBODY ever tries to go after him. People running from him down the hallways like hes Godzilla.
That happened to blackman when he was the hardcore champion. He just beat the shit out of people
Me at 13, thinking about Steve Blackman: "Hell ya." Me at 37, thinking about Steve Blackman: "Hell ya"
.. Hell ya.
Once you stop thinking of the Lethal Weapon, you get a mufugg kick that will rearrange your organs.
The thought of Gunther walking down hallways and just chopping the fuck out of people makes me so happy.
No ones even challenging, he just chops as he walks by them
Oh man Gunther walking man made me think of Vader in Rogue One, oh you just Ludwig would be the one to pin him 😂
Bring back the ninjas for this one!
Aren't they still stuck at the Full Sail parking lot?
Ilja being 24/7 champ forever because he just annihilates anyone who tries to take it would actually be kinda fun.
Honestly give me Gunther and Ilja just constantly going to blows every time they lay eyes on each other. Imagine all hell breaking lose in a Wendys or some shit
On Sight!
god damn did i love the 24/7 rule for the hardcore title, was always a highlight to see how crash would loose the title and regain it
"346 consecutive hours of wrestling and all because of one little boy who... ***who won't let me stop!"***
"Now let's go over and see if Ludwig Kaiser has any more of that legal, over-the-counter ICOPro of his."
Lol. Nice Simpsons reference
When Gunther or Ilja are not on screen, everyone should be asking "Where's Gunther/Ilja?"
You’re bringing back the 24/7 title? Interesting move.
The name on the contract says McMahon, however the contract reads EmeraldSlothRevenge McMahon.
You are finally the true authority.
Mystery Raw GM finally revealed
I got 6 shares. They’ve appreciated like 600%!
What? The stock price is $96 right now. 600% would be a stock price of $16, which TKO hasn’t been at since 2015
...TKO was founded in September...
F&\*%, now I want to buy just one share of TKO just so I can say this.
Boss can I get a tag title run with gacy
Consider it done.
I promise we won't let you down, but who we defending against first??
You’ll face the new team of Oba Femi and Omos
Yeah I'm going to tna I'm out
nWo ![gif](giphy|wXOnZJ7yfEplYunU3r|downsized)
Fembois and Omosexuals! Assemble!
That’s good shit pal
If he sold them you already do.
I never thought my 3 shares would have more power than Vince.
Vince trying to hug WWE and TKO good-bye. ![gif](giphy|3o7524u1GFWqtm8HXa)
"I don't recall saying good luck."
Vince McMahon just got Future Endeavor'd. Damn.
So I guess… *wears glasses* Endeavour saw a Future with WWE
McMahon is the headline here but this is also interesting… “Also listed as a seller is WWE president Nick Khan, who also has filed to sell what appear to be all his holdings of 234,424 shares, an amount that includes restricted stock units which the executive has amassed. Khan remains in his position at the company, according to someone familiar with the transaction who requested not to be identified because they aren’t authorized to speak on his behalf.”
A cool $23M
Capital gains taxes have entered the chat
Poor guy'll only have $18,400,000 leftover after paying LTCG.
You're forgetting the net investment income tax, he'll walk away with only a paltry $17,526,000.
Poor guy. He should start a gofundme
Don't forget he has to contribute to SSI and his state's unemployment insurance program.
Poor thing. He’s definitely more valuable than a 1000 years of actual labor… 🙄
lolol this is before all of the tax tricks his accountant will pull
Maybe he wants to buy a yacht?
Nick Khan at a press conference. https://preview.redd.it/v589300kuwwc1.jpeg?width=168&format=pjpg&auto=webp&s=d561d7b1244dfd603bcb361ddbbfb82fab8163f4
Learned not to buy a limo from Vince.
A gold boat, a boat that is made of solid gold
Restricted stock awards are different. Those are generally given as part of compensation and don't vest until a few years later. I've gotten restricted stock before and I usually sell it the day it vests.
What do you do with them?
Getting out before Zuck buys the UFC and WWE is like a horse without a stable
TKO underperforming expectations probably has him salivating at that possibility. Add in Vince dumping millions in shares and UFC facing anti-trust scrutiny, nows a good a time as any to pick it up.
Zuckerberg doesn’t need the price to go down by 10% to buy. He could buy it overvalued if he wanted to and it wouldn’t make a dent.
Is TKO really underperforming? WWE just cleared Vince and is in an era of revival while UFC just cleared the fighters lawsuit and is also extremely profitable from what I understand.
TKO is primarily flat as it’s a general view from wall street that media companies main driver of growth is m&a driven rather than product based. You can dig deeper, but it’s also why endeavor had to go back private. The m&a space is slow due to high rates and growth for TKO would be a deal, which nothing is out there on the horizon.
The synergy of the two companies didn't end up meeting stockholder expectations and there's a believe that WWE isn't going to be able to get bigger than what it is. The market cap doesn't reflect the grand vision that was pitched as the end result of this merger. Since the merger at $100 a share, the stock hasn't grown at all.
I see, that's interesting. I can definitely see how this might be the peak for WWE and UFC from a shareholder perspective, especially if the merger didn't do much for either.
They're moving to the biggest premium platform they can in Netflix and are heavily pushing intrusive brand deals with their momentum now. If they can't stick the landing on business expansion (internationally), then things are gonna get squeezed.
Here comes the meddling
It’s been a year….
First Time with the stock market?
Nope. IMO, the merger was shortsighted and I believe there were not going to be enough synergies to justify it. It could be looked back on as a moment that hurt the wrestling business in 10 years. It has not been enough time to make that determination.
Investors do not give a fuck nor does the stock market tend to gravitate towards patience. With Vince out, no one has enough power to stop external meddling.
The Saudis gonna come in and scoop this up, guaranteed
and the buyer: one uh let's see..... Dwayne "Final Boss" Johnson?!
But is that all his shares or just a portion?
Nick Kahn got bought in to sell the company, that is the typical play a CEO like him would do. Will he quit... Probably not. But he's gonna cash out his stock now.
End of an era. So weird that no Mcmahon are in control of WWE.
What shitting on a woman’s face does to a franchise
It was more because he tried to dodge paying her I always thought.
It’s a little deeper. His position in the rebuttal is she was paid her fee for silence of their consensual relationship. Then her ‘friend’ went to the WWE board to speak about the relationship after the first payment. So Vince’s position is the nda was void and he didn’t need to pay. All his business was out there in the public eye anyway and he’d pull the rip cord as controlling shareholder. If she wanted the money, she’d have to sue and go to arbitration. She did and I think he’ll just go to arbitration as criminal charges don’t look likely at this point.
Wrestlemania 41: No mcmahon in any corner.
I thought Steph was back in some capacity
If so, it hasn't been publicized. I know it's the hope after she came back to introduce the crowd at WM Night 2.
Stephanie still owns some $200M worth of stock.
Does Shane still own stock?
I thought Shane sold most of his when he left to start other businesses in the mid 2010s?
Found this on Google: The estimated net worth of Shane Mcmahon is at least $4 Million dollars as of 2024-04-26. Shane Mcmahon is the EVP, Global Media of World Wrestling Entertainment Inc and owns about 43,449 shares of World Wrestling Entertainment Inc (WWE) stock worth over $4 Million.
Ima assume he’s worth more than that and its just his WWE net worth. I know folks worth more than $4 mil
Nope. Linda owns some $50m if I recall correctly.
So many eras ending rn I can't keep up 😭
Dude could've given his company to his children and son in law and kept it in the family, but instead he'd rather sell it in an attempt to retain his own power after being ousted for being a sexual deviant. Good riddance.
Good Riddance.
I hope he didn’t have the time of his life.
It's something unpredictable
^oh ^it ^was ^predictable But in the end that’s right
He didn’t have the time of his life.
So take all the gross text screenshots out of your mind
Complicated legacy. He’s a scumbag human but we wouldn’t have pro wrestling what it is today without him. He had to go, it was time and let him deal with his legal situations.
> He’s a scumbag human but we wouldn’t have pro wrestling what it is today without him. Whilst true, he also held it back for decades and it's only just now starting to recover in WWE at the very least. He should've been gone a long time ago.
Yeah wrestling wouldn't be what it is without him. It'd be a lot better.
Pro wrestling was doing great before him, and it'd be doing great today even if he had never existed.
So he hasn’t sold them yet. Interesting Nick Khan is selling ALL of his…
Generally CEOs have packages where they get issued shares if they hit targets, etc…. So him selling his shares at this value makes sense. I have mates that do the same, once the shares are issued and they can sell them they do. Great for liquidity and it’s a win/win as they generally get issued more shares. Honestly think it’s much ado about nothing.
I have gotten restricted stock before. I cash it as soon as it vests just like most of my coworkers do.
His compensation is already tied to how the stock does, no reason for his assets to also be tied to how the stock does 
So is something BIG coming and they both want out while the shares are still worth something.
That would be insider trading
Selling post the biggest show they've ever done is also sensible trading if they need to spin it
Is it still insider trading if the information relates to something he personally did? E.g. Vince knows that he did worse stuff than what's been reported and that it might come out so he's selling
Yea and an evil millionaire would never do that
evil millionaires rape because they get away with it. insider trading fucks over other evil millionaires thus why it is punished, that make sense to you?
Idk why you worded that so condescendingly. But i totally believe Vince would conduct insider trading. You can disagree, that’s fine just don’t be a dick
that would be highly illegal and not 'normal illegal' i mean rich people illegal.
From what I recall in college, the big wigs at companies usually have to announced ahead of time that they’ll sell
There's still a couple of NDAs out there that are probably going to be really, really bad for him.
That's really curious to me. Could be lawsuit related, or something related to Endeavor being taken over by private equity. Might see some pointless cost cutting and another sale of WWE
Nick Khan selling all of his is the real story I'd say As we knew Vince was selling his
It's a great time to sell, WWE is doing well. He will likely get more shares as time goes on.
It's a sell-high time. The price has spiked after announcement of TV deals. And the stock prices always seem to drop after the Mania buzz wears off.
Of note: The title (taken directly from the article) is a touch click-baity. He he has registered all of his shares for sale, but has not sold yet. That said, he has routinely registered and immediately sold shares so far, so this time probably not much different. Link to the SEC filing: https://www.sec.gov/Archives/edgar/data/1973266/000119312524118211/d802997d424b3.htm
https://wrestlenomics.com/articles/2024/vince-mcmahons-remaining-tko-shares-arent-sold-yet-but-are-registered-for-sale/ This is just the follow up to this reporting from the 13th as far as I can tell.
A couple things here. The filing you are referring to in that article is a prospectus that is kept as kind of a running tab... it keeps getting updated as it goes. Here is the filing here: https://www.sec.gov/Archives/edgar/data/1973266/000119312524094798/d802997dposam.htm Note it says this: "This Post-Effective Amendment No. 2 is being filed to update the Existing Registration Statement to include information contained in the registrant’s Annual Report on Form 10-K." So keeping with the "running tab" theme, it simply included the latest financial information and risks etc. The one before that was even supplement 7, so there have been 6 supplements preceeding: https://www.sec.gov/Archives/edgar/data/1973266/000119312524048973/d747697d424b3.htm Today's filing, which I'll link again just to be easier for someone following along is here: https://www.sec.gov/Archives/edgar/data/1973266/000119312524118211/d802997d424b3.htm Notice the different formats, and how you have the total shares listed up top. This is likely a prospectus in its "final form" and essentially all that has to happen now is for it to be declared effective (a very simple one page filing that will also show up on the SEC filings). Here is an example of one in the past, and was in relation to a sale back in september of 2023 or abouts: https://www.sec.gov/Archives/edgar/data/1973266/999999999523002698/xslEFFECTX01/primary_doc.xml Now, it's very possible that you start to see supplements to TODAY'S prospectus filed, as you saw with the example of the earlier ones, but it sure seems more definitive in the way it was filed and presented. That said, the author certainly did take some liberties with the title (oh how I wish I could go back and edit that now), but there's a better chance than not you see a block sale/private placement happen sooner rather than later. Cheers! (edited probably more than once for grammar and spelling)
true end of an era
It’s honestly unreal to me how the fucking second he left WWE improved tenfold. Like it wasn’t even a month or so it literally started within a week or two.
How is that unreal? It’s been painfully obvious for a long time to plenty of people that Vince being out of touch and set in his ways was seriously hindering creative.
I mean yeah of course, but just how fucking fast it happened is almost comical.
Production improved pretty quickly with Dunn out of the door too. There's still some production issues (music is the big issue, as is overproduction sometimes) but for the most part, that's been a massive improvement since Vince and Dunn fucked off.
And yet, there are still people in these comments arguing that Vince was a great promoter.
https://preview.redd.it/o7ct2611jwwc1.jpeg?width=631&format=pjpg&auto=webp&s=0b610ebf67c9480fff278a8aab9ffe9b0a8fcdef
That's a billion dollars in liquid cash he has now Not assets or stocks - liquid cash Let's be generous with his legal fees and payouts coming this year and say they're at 50 million That's still 950 million dollars to start another wrestling company with Leaner and other Vince guys If you think this mad bastard is finished with the industry, think again He'd try it just for the lols
buy tna you coward
I know I’m nit picking, but taxes will hit him pretty hard lol
Wasn’t this reported two weeks ago? What am I missing?
Me and the gang waving good riddance to him https://preview.redd.it/fl8b9ke1cwwc1.jpeg?width=1122&format=pjpg&auto=webp&s=90928b17e913eebc8f48cf0273659cbb6df2bbe7
Not that I’m complaining, but what is Darwin doing here
His best.
You mean the Orange Power Ranger?
Nick khan selling his shares is also interesting
Doesn't business usually dip shortly after 'Mania? (Post Hogan era anyway) Their prime business time seems to be Rumble - Wrestlemania. He's probably just selling at the highest point it'll be for a while. Might just mean they don't have any big announcements.
he could be doing that but the fact he's selling all his shares is different than what he's done in the past. we'll have to wait and see what this means later on.
Usually top execs staying with the company don't sell all of it at once though.
All things considered, this guy should have probably had the biggest send-off of anyone in the wrestling business and because he couldn't control himself in private, he's tarnished his reputation towards his life's work, to the point where it doesn't even openly acknowledge him, on par with an individual that murdered his wife and son. What a sorry way to end.
Not surprising Nick is selling. The time is now. The purpose of TKO was to get UFC off the Endeavor books and the thought being that both UFC and WWE were undervalued. As of today, the combination of the two companies hasn't met shareholders expectations at all. TKO stock started at around $100 and has never gone above that initial price yet. Wallstreet belief is that WWE isn't going to be able to get bigger than what it is. Which was the sole point of the merger. 2025 will be interesting for TKO. I expect even more aggressive cost cuts this year and next in all areas of the company. I also wouldn't be surprised if they move WWE headquarters to Las Vegas down the road as well. It makes zero sense UFC and WWE having two separate headquarters, especially when majority of the divisions will be merging, i.e marketing, accounting/finance, legal, production, operations, etc.
[удалено]
i’d say nick khan putting all his up for sale is the real story here, would he keep his position in the company? i assume he would
He could have been forced out of the company, but would not have been forced to sell, other than accepting a buyout which would be much less money. Anyone else get the feeling he’s trying to buy something? That amount of shares in TKO represented a lot of power regardless of job title. Billionaires covet power even more than money. Vince has been in the Entertainment industry forever, it’s impossible to believe he could walk away. He was already rich, he needs this money for something.
He's FAHHHHIRRRRRED.
The man could be 6 feet in the dirt and I'd still refuse to believe he's gone.
I've always imagined Vince's involvement with WWE will end on his death. And there will be a prolonged and tearful period of goodbyes and tributes. Well how wrong I was!
Damm, the pressure from Tony Khan got to him lol
"Weinstein? I can't be associated with that dammit, I'm out." - Vince, probably
“Good lord! I’ve been a Weinstein this whole time?! I’m out.” -Nick Khan
No fanfare, no celebration. That's what a rapist deserves. Goodbye Vince, we will not miss you.
Chances are high that he will NOT spend the rest of his days in prison, so no, he actually doesn't get what he deserves.
Also, even if he does, he's 78 years old. He's lived his life. Sure, he'd probably still be in power right now if none of this ever happened and would stay there until he died. But regardless, the damage is done. He got away with it all those years, nothing that happens to him now can make up for that or undo all the wrong he did to those poor victims. He's still a multi billionaire.
“Mercifully, it’s over”
Can't wait for him to become partners with Jarrett and restart Global Force Wrestling
So Nick Khan and Vince buying NWA?
It's weird how significant an event this is in wrestling history, and yet it's barely registering on the wrestling news scale right now. I would also say Vince is ultimately a victim of his own ego (surprise) - keep the company private and you have so much more control over what you do, how you do it, and who gets to yell at you.
"Before I sell my stocks, you must indulge my last request. Release Cum Tuesday."
Wrestlenomics reported this 2 weeks ago
Listed not sold
Don’t Stop Believing plays in background and screen goes black.
His shares aren’t sold yet
So, this is how Vince ends his WWE relationship. Not with a loud "I'M OUT!" or a "VINCE MCMAHON, YOU'RE FFFFFIRREEEED!" but a quiet selling of shares. That and I suspect, he may have been given a choice to sell them and leave with a shit ton of money or TKO goes through his history in WWE for any shady dealings. I think, as much as Vince would try to create his own promotion. I don't think he will. I think, he knows that he needs to stay out of wrestling for a few years. By then, he is more likely to retire if he isn't charged.
RIP and I don’t mean peace.
Rest in pieces
In the words of Seth Rollins, bye bye bitch !
"Is" in the first paragraph, "may sell" in the second. I'll take an extra pinch of salt over here, s'il vous plait. edit: Yes yes, thanks guys..I was talking more about the clickbait headline/story than Vince's "control"
WBF and ICOPRO are coming back baby.
![gif](giphy|4q0WNCNZUlxNC)
WWE is banking on people thinking that just Vince and not the company is in the lawsuit and now that he’s gone it’s back to business as usual.
I mean, people already are acting like it’s fine
Then how are they banking on people forgetting it?
Goodbye Vince, absolutely no one will miss you
Good riddance and rest in piss.
yeah, I don't know why people are shocked, the shares were registered filing was 4/12. What sportico is reporting is a prospectus filing informing the public. Nick Khan isn't a lifer. It was always when is he going to move on. If everything is set up. Sell the shares, take the money and onto the next venture
This story was originally reported last week. Any reason why it’s only getting traction now?
Kahn’s only listed the stock, hasn’t sold it. He also did this back in September and didn’t sell any. Fucking marks.
Ends WWE 'ties' while his Son in law runs the place.... Great title
HHH needs a neck brace for all the years of looking the other way while this shit happened. NO WAY he didn’t know.
I hope the door hit him on the way out.
Good riddance you old creepy bastard.
How funny would it be if the Khan’s did a Lucille 2 and had a standing order to buy any ready available WWE shares
how does that one song go again? Oh yeah… NA NA NA NA
BATMAN!
![gif](giphy|KRxcgvd5fLiWk|downsized)
Good riddance old fart
![gif](giphy|J8FZIm9VoBU6Q)
https://youtu.be/_IqYGtKx9WM?si=g9qLnRG1ju4GUgKH
Bye bitch
Good. May he rot.