Market Warms to WWE Deal as McMahon’s Wealth Jumps $600 Million
What a difference a week makes. WWE shares have rallied nearly 25% the past five trading days as investors warm to the idea of a sports-focused entertainment giant…
Vince McMahon
Market Says Vince McMahon Is Worth $500M Less Than Endeavor Does
The sale of WWE for a stated $9.3 billion value to UFC parent Endeavor Corp. is almost 30% greater than the highest market capitalization the wrestling company has ever…
WWE, UFC Announce $21 Billion Merger Controlled by Endeavor
WWE and UFC are getting into the ring together. The wrestling and mixed martial arts leagues announced they will be merging into a new company that will be mostly…
WWE’s McMahon Lands Pay Deal Worth $7.6M in Cash, Equity
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 rich pay package…
WWE Ratings Put Thumb on Scale of Rights Negotiations
The next time you’re at a sports bar and running low on funds, skip the trip to the ATM and dangle this wager in front of your like-minded pals: $100 says you can’t name…
McMahon Reimburses WWE $17.4 Million for Sexual Misconduct Probe
Vince McMahon has paid WWE $17.4 million for costs the wrestling entertainment company incurred in investigating misconduct allegations against the exec, as reported in
WWE’s McMahon Willing to Leave as Sales Hit Record $1.2 Billion
Vince McMahon will step away from World Wrestling Entertainment if it maximizes shareholder value in any future deal, the company told analysts in a call detailing its…
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…
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…
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