Detroit Cops Sue WWE’s McMahon Amid Shareholder Revolt
Detroit’s Police and Fire Retirement System sued WWE executive chairman Vince McMahon last Thursday, seeking a declaration that would effectively block the 77-year-old…
Vince McMahon
WWE Hires Raine Group to Help With Potential Sale
World Wrestling Entertainment has retained boutique investment bank Raine Group to aid in exploring strategic alternatives, including a sale of the company. Raine…
Sporticast: Vince McMahon Returns to WWE, NFL Playoffs Set
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including Vince McMahon’s…
WWE Breaks WrestleMania Gate Record, Stock Pops Again
WWE announced Monday that WrestleMania 39 broke the all-time gate receipt record for the promotion’s signature annual event, which is scheduled at SoFi Stadium in Los…
Triple H Named WWE’s Chief Content Officer in Wake of Vince McMahon Exit
WWE exec and pro wrestler Paul “Triple H” Levesque has officially taken the title of chief content officer, and he’s also received a hike in compensation along with…
WWE Q2 Earnings Beat Expectations Amid McMahon Investigation
World Wrestling Entertainment Inc.’s (NYSE: WWE) performance under Vince McMahon’s last quarter as CEO and chairman of the board beat analyst expectations for revenue…
WWE Shares Weather Storms as Speculation of a Sale Swirls
Vince McMahon recently resigned as WWE’s chairman and CEO amid an investigation into claims that he paid millions of dollars to settle or cover up sexual misconduct and…
WWE Says Vince McMahon’s Personal Payments Are $5M More Than Reported
Vince McMahon’s off-the-books personal payments that he made while chairman and CEO of WWE were higher than previously reported, the company said, per Variety. Last…
WWE Revising Finances to Account for McMahon’s $14.6M in Personal Payments
WWE will revise financial statements going back to 2019, saying that a total of $14.6 million of “certain payments” that Vince McMahon made while chairman and CEO should…
Vince McMahon Announces Retirement From WWE
Vince McMahon announced that he is retiring from WWE amid the ongoing misconduct investigation being undertaken by the company’s board of directors, according to…
Oliver Luck and Vince McMahon Settle XFL Breach of Contract Lawsuit
Former XFL commissioner Oliver Luck and Vince McMahon have reached a settlement in their federal breach of contract lawsuit. Terms of the settlement are not known. Luck…
Oliver Luck’s $24 Million XFL Lawsuit Advances Toward 2022 Trial
Much has changed since April 2020, when former XFL commissioner Oliver Luck sued Alpha Entertainment and its chairman and CEO, Vince McMahon, in a Connecticut federal…
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