Vince Macmahon: Last News

Vince McMahon was the CEO and Chairman of the Board at World Wrestling Entertainment (WWE) for decades before “voluntarily” stepping down.

WWE set viewership records last quarter as revenue jumped 25% and the company’s planned merger with Endeavor’s UFC announced in April remains on track to close in the second half of 2023. Media sales jumped more than 30% to $320 million, revenue from live events surged 50% to $62 million.

There's a great goalkeeper who has just put in a fantastic performance in the Champions League final. He's available as his club have financial issues. He is excellent with the ball at his feet. Erik ten Hag knows him personally after coaching him for years at Ajax. This is the bit where you fall out of your chair like Vince McMahon.

WWE Hall of Famer "Superstar" Billy Graham has died at the age of 79. Fellow wrestling legend Ric Flair broke the news on Twitter on Wednesday. "The Superstar Billy Graham Just Left Us.THANK YOU FOR ALL YOUR INFLUENCE On My Career!" he wrote.

The new, publicly traded company to be created by the planned merger of UFC and WWE will be called TKO Group Holdings, a reference to “technical knockout” in fighting sports. Wrestling also has a “total knock out” move.

A former writer for WWE has launched a lawsuit against the pro wrestling organization, alleging she was fired after pushing back on storylines she found “offensively racist.”

WWE fans are unhappy about the recent news that Vince McMahon would be retaining some creative control behind the scenes of the brand.

Vince McMahon called Monday “a great day” as his iconic company announced plans to sell a controlling stake to Endeavor in a merger with mixed martial arts firm UFC. “Things have to evolve. A family business has to evolve, for all the right reasons. And this is the right business decision, and it’s the right family decision,” McMahon said in an interview today on CNBC.

Fans are divided over Vince McMahon’s makeover.

World Wrestling Entertainment (WWE) and the Ultimate Fighting Championship (UFC) will merge into one company as part of a sale to Endeavor Group Holdings. The new operation will be valued at $21.4 billion thanks to the UFC's $12.1 billion valuation and WWE's $9.3 billion. WWE Executive Chairman Vince McMahon will join the new "global live sports and entertainment company" in the same role.

Joe Otterson TV Reporter In a storyline worthy of the finest pro wrestling angles, the McMahon family’s nearly complete control of WWE is coming to an end after seven decades. That is not to say there will no one within the McMahon family at the helm of the sports entertainment juggernaut. With the announcement that Endeavor Group is purchasing WWE and combining it into a new company with the UFC, it was revealed that Vince McMahon will be executive chairman of the board of the new entity. In addition, Paul Levesque — known to fans as Triple H and also McMahon’s son-in-law — will stay on as chief content officer, a role he assumed in September 2022. But no longer will the WWE be the family-run business that WWE and its predecessors have been since McMahon’s father and grandfather began promoting professional wrestling in New York in 1953. As such, it marks the end of an era for TV’s dominant pro wrestling franchise.

Two of the world’s biggest fighting organizations are coming together.

Todd Spangler NY Digital Editor Endeavor is bringing together two of the world’s biggest combat-sports franchises — UFC and WWE — in a blockbuster merger announced Monday. It’s a deal in which “one plus one equals three,” said Endeavor president and COO Mark Shapiro, who will serve in the same role for the merged UFC-WWE. The pact, valuing the combined company at roughly $21.4 billion, is anticipated to close in the second half of 2023. The deal will result in an estimated $50 million to $100 million in annualized run-rate cost synergies, according to Endeavor, including by moving WWE to Endeavor’s back-office infrastructure. Shapiro said Endeavor, when it acquired UFC, realized $70 million in cost savings.

Patrick Frater Asia Bureau Chief Endeavor Group Holdings and World Wrestling Entertainment said Monday that they had signed a definitive agreement to form a new, publicly listed company consisting of two complementary, global sports and entertainment brands: UFC and WWE. The deal was reported to be close over the weekend by financial media CNBC and Bloomberg. Upon closing, Endeavor will hold a 51% controlling interest in the new company and existing WWE shareholders will hold a 49% interest. “Together, UFC and WWE will have global reach, impressive scale and omnichannel distribution,” Endeavor said in a statement.

WWE and UFC parent Endeavor Group Holdings made things official in an SEC filing Monday morning, confirming their blockbuster merger into a combat sports colossus.

J. Kim Murphy World Wrestling Entertainment Inc. (WWE) is nearing a deal to be acquired by Endeavor Group Holdings Inc. Bloomberg was first to report on the ongoing acquisition deal. The report states that “no final decision has been made” and that negotiations could potentially fall through. The talks coincide as WrestleMania 39, one of the organization’s premier annual events, continues to unfold. The two-day pay-per-view and streaming extravaganza concludes Sunday evening, with more than 80,000 fans in attendance in Los Angeles. The WWE has been actively exploring an acquisition deal for some time now. Vince McMahon, the longtime public face and majority owner of the professional wrestling organization, returned to the company as executive chairman in January. McMahon had exited his WWE leadership role last year amid investigations into sexual misconduct allegations, leaving his daughter, Stephanie McMahon, to take on offices as chairman and co-CEO alongside Nick Khan, who previously served as the company’s president.

The WWE, which has been exploring a potential sale over the past few months, is in the process of being acquired by UFC parent Endeavor Group Holdings.

World Wrestling Entertainment has had plenty of dominant characters over the past 50 years, but Roman Reigns continues to set his own path.

Vince McMahon, the WWF’s already scandal-plagued CEO who declined to offer comment on the allegations in this piece, allegedly couldn’t stomach the idea of putting a stop to the lucrative proceedings.“Vince decreed that they should keep going,” Abraham Josephine Riesman, author of the new book “Ringmaster: Vince McMahon and the Unmaking of America,” told The Post. “So the rest of the wrestlers had to perform knowing their friend was gravely injured, probably dead, and then [later] knowing he was dead,” said Riesman, who interviewed over 150 people — many of them quite close to McMahon — while researching tell-all tome.Riesman examines McMahon’s rise from an allegedly abusive childhood in impoverished Southern Pines, NC to a tycoon overseeing a $6B industry — and some very dark moments along the way.

In a further step toward reclaiming his World Wrestling Entertainment (WWE) empire, executive chairman Vince McMahon has filed new documents with the SEC.

Todd Spangler NY Digital Editor Vince McMahon has paid WWE $17.4 million for costs the wrestling entertainment company incurred in investigating misconduct allegations against the exec. McMahon, WWE’s executive chairman and controlling shareholder, returned to the company in January after he “retired” from the company last year. WWE’s board had formed a special committee to look into allegations that he paid millions of dollars in hush money to multiple women to stay quiet about affairs and other misconduct. Under an agreement reached with the company, McMahon on March 23 paid WWE about $17.4 million, according to an SEC filing by WWE Friday. That was to reimburse the company “for the costs that have been incurred and paid by the company and/or its subsidiaries, through January 31, 2023, in connection with and/or arising from the investigation conducted by a special committee of the company’s board of directors,” as well as related revisions to the company’s financial statements and other related matters, WWE said.