Current Events > McMahon sells $100 Million in WWE Stock and files 5 XFL Trademarks

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Bad_Mojo
12/21/17 6:24:09 PM
#1:


Seems like it's happening, boys. Vince is going to step down from running the WWE and will focus on trying to get the XFL started up again

On December 21, 2017, Vincent K. McMahon (Mr. McMahon), Chairman and Chief Executive Officer of World Wrestling Entertainment, Inc. (the Company), sold 3,340,000 shares of the Companys Class A common stock in a block trade made in accordance with the provisions of Rule 144 of the Securities Act of 1933, as amended. Mr. McMahon executed the sale primarily to fund a separate entity from the Company, Alpha Entertainment LLC, which Mr. McMahon established to explore investment opportunities across the sports and entertainment landscapes, including professional football. Mr. McMahon has informed the Company that he has no current plan to sell additional shares of the Companys stock and that he intends to continue in his capacity as the Companys Chairman and Chief Executive Officer for the foreseeable future.

The shares sold by Mr. McMahon represent approximately 4.3% of the Companys total outstanding shares of Class A and Class B common stock. After the sale, Mr. McMahon beneficially owns 32,193,375 shares of the Companys Class B common stock, which represents approximately 82.8% of the Companys total voting power and approximately 41.8% of the Companys total outstanding shares of common stock.

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C_Pain
12/21/17 6:25:39 PM
#2:


this is THE X
F
L
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How quaint.
Join the Dank Chamber today: https://discord.gg/YwmDmtZ
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wolverinev2
12/21/17 6:26:19 PM
#3:


But the XFL failed miserably.
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It's far better to be alive than to be dead
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Zack_Attackv1
12/21/17 6:26:31 PM
#4:


Dementia is a sad and tragic thing.
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more_cow_bell
12/21/17 6:27:02 PM
#5:


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ChromaticAngel
12/21/17 6:27:07 PM
#6:


Right. Start an XFL league in the middle of the height of NFL injury and/or flag standing controversy and assume you won't get sucked into it and everything will work out great. Fantastic idea.
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#7
Post #7 was unavailable or deleted.
CarlGrimes
12/21/17 6:31:39 PM
#8:


wolverinev2 posted...
But the XFL failed miserably.

And now that the NFL is failing he sees his opportunity.
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You'll get a funeral if you don't wise up and call me....Carl Poppa.
https://www.youtube.com/watch?v=Q9aM9Ch97U8
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ItsVinceRusso
12/21/17 6:34:03 PM
#9:


Vince is going to step down from running the WWE


Mr. McMahon has informed the Company hat he intends to continue in his capacity as the Companys Chairman and Chief Executive Officer for the foreseeable future.


topic list
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bro
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Bishop9800
12/21/17 6:34:39 PM
#10:


CarlGrimes posted...
wolverinev2 posted...
But the XFL failed miserably.

And now that the NFL is failing he sees his opportunity.


Kinda this
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I don't have to insult you. I have proven that you are a hypocrite and a fool. That's not insulting you, that's exposing you.
PSN-Bishop9800
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Bad_Mojo
12/21/17 6:36:50 PM
#11:


ItsVinceRusso posted...
Vince is going to step down from running the WWE


Mr. McMahon has informed the Company hat he intends to continue in his capacity as the Companys Chairman and Chief Executive Officer for the foreseeable future.


topic list


I said seems, not is. I don't think Vince will be head of the WWE next year. I think it's just a way so the stock doesn't drop even further right now
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wolverinev2
12/21/17 6:39:44 PM
#12:


Bishop9800 posted...
CarlGrimes posted...
wolverinev2 posted...
But the XFL failed miserably.

And now that the NFL is failing he sees his opportunity.


Kinda this


Maybe he learned not to mix wrestling with Football. Which is what caused the XFL to fail.
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darkjedilink
12/21/17 6:40:14 PM
#13:


ChromaticAngel posted...
Right. Start an XFL league in the middle of the height of NFL injury and/or flag standing controversy and assume you won't get sucked into it and everything will work out great. Fantastic idea.

The only reason injury concerns in a violent game are a thing is because of the unions and contracts. Vince McMahon has experience dealing with these things, and will likely be far more transparent than the NFL has been.

And I guarantee you that he won't stand for any controversy as it relates to standing for the flag. That rule will be enforced, should they decide to do the National Anthem before games.
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'It's okay that those gangbangers stole all my personal belongings and cash at gunpoint, cuz they're building a rec center!' - OneTimeBen
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Medussa
12/21/17 6:41:04 PM
#14:


he's not really doing this, right?
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Boom! That's right, this is all happening! You cannot change the channel now!
Act now! Venchmen are standing by for your orders!
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Bad_Mojo
12/21/17 6:41:28 PM
#15:


darkjedilink posted...
ChromaticAngel posted...
Right. Start an XFL league in the middle of the height of NFL injury and/or flag standing controversy and assume you won't get sucked into it and everything will work out great. Fantastic idea.

The only reason injury concerns in a violent game are a thing is because of the unions and contracts. Vince McMahon has experience dealing with these things, and will likely be far more transparent than the NFL has been.

And I guarantee you that he won't stand for any controversy as it relates to standing for the flag. That rule will be enforced, should they decide to do the National Anthem before games.


It's Vince, he'll us America The Beautiful
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TheBiggerWiggle
12/21/17 6:41:59 PM
#16:


You are XFL.
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Bad_Mojo
12/21/17 6:42:16 PM
#17:


Medussa posted...
he's not really doing this, right?


Selling all that stock and trying to start up the XFL again? Yeah, he is. But right now he's not stepping down from the WWE stuff, but I bet my entire life savings that he will next year
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ImNotAnIdiot
12/21/17 6:43:01 PM
#18:


Insanity: doing the same thing over and over again and expecting different results.
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ChromaticAngel
12/21/17 6:44:41 PM
#19:


ImNotAnIdiot posted...
Insanity: doing the same thing over and over again and expecting different results.


No. Insanity is doing the same thing over and over again and getting different results.
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I Like Toast
12/21/17 6:46:12 PM
#20:


Bad_Mojo posted...
Vince is going to step down from running the WWE

Roman is kill
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If you do things right, people won't be sure you've done anything at all
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Howl
12/21/17 6:50:53 PM
#21:


There are no fair catches in the XFL!!!
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Posted with GameRaven 3.3
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Bad_Mojo
12/21/17 6:52:43 PM
#22:


Some on Reddit think it might be for Lavar Ball's basketball league, which I have never heard of
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Panthera
12/21/17 6:59:43 PM
#23:


This is a particularly insane decision even by Vince McMahon's standards
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We clasped our hands, our hands in praise of a conquerors right to tyranny
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