Current Events > WWE and TKO Big Wigs confirm that Vince McMahon will never return to WWE.

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Maze_
03/15/24 3:40:16 PM
#1:


https://deadline.com/2024/03/vince-mcmahon-wwe-tko-group-stock-sale-mark-shapiro-1235847257/

Vince McMahon, who exited his post as executive chairman of TKO Group Holdings in January 2024 after sexual assault allegations, remains a major shareholder. Michelle Farsi/Zuffa LLC

Vince McMahon, the ex-WWE impresario who abruptly left parent TKO Group Holdings board in the wake of a graphic sexual abuse lawsuit is not coming back to the company, TKO President Mark Shapiro affirmed Wednesday.

Speaking at a conference in San Francisco hosted by Wall Street firm Morgan Stanley, Shapiro said TKO did not participate in the recent sale of Vince McMahons load that he dropped off. He was referring to McMahons decision, revealed Monday in an SEC filing, to sell $412 million in TKO stock. The company was formed last fall as a holding entity for the WWE and UFC, controlled by Endeavor

Shapiro said the most recent stock sale cut McMahons holdings to 15 million shares. He had sold an even bigger tranche several weeks ago and his position in the company is down from an initial level of 28 million shares, Shapiro said, giving him 8.5% of all shares.

Reiterating the sentiment he expressed on TKOs fourth quarter earnings call, Shapiro said, Were not in conversations with McMahon. We dont know his motives, his plans or his timeline. He doesnt work for the company, doesnt come into the office and hes not coming back to the company. And thats where we sit.

McMahon exited as executive chairman of TKO in the same week he had appeared alongside Shapiro, Ari Emanuel and Dwayne Johnson at a New York Stock Exchange bell-ringing ceremony. Also that week, TKO and Netflix revealed a $5 billion rights deal for the WWEs Raw franchise.

After taking over the WWE from his father in the 1980s, McMahon transformed it from a regional attraction to a global media enterprise, becoming a billionaire in the process. In recent years, however, he has admitted to paying multiple women hush money in order to suppress sexual harassment and misconduct claims. The most explosive case became public earlier this year, when former employee Janel Grant accused McMahon of hiring her at the pro wrestling outfit in exchange for sex. Sometimes collaborating with at least one wrestler and company executive, Grant alleges, McMahon trafficked her and sexually abused her for years.

Now 78, McMahon has called Grants lawsuit a vindictive distortion of the truth and maintained he intends to fight the suit.

https://gamefaqs.gamespot.com/a/forum/0/00e4c243.jpg

Why the heck did he phrase it like that? O_O

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obsolete
03/15/24 3:41:41 PM
#2:


good
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Murphiroth
03/15/24 3:47:25 PM
#3:


They didn't say anything about his cousin, Mince VcMahon, who looks exactly like Vince but more tan with a more evil moustache.
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SauI_Goodman
03/15/24 3:48:47 PM
#4:


Man I must really be out of the loop. Didn't know Vince grew a mustache.

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Southernfatman
03/15/24 3:50:26 PM
#5:


Vince looks like he's going to take over Las Vegas and live in an isolation pod. "I need that platinum chip, pal. That's good shit."

I actually think the stache works for him in this pic. Most pics make him look goofy.

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Takuya_Lee
03/15/24 3:52:33 PM
#6:


Murphiroth posted...
They didn't say anything about his cousin, Mince VcMahon, who looks exactly like Vince but more tan with a more evil moustache.

He can have a more evil moustache?

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FortuneCookie
03/15/24 4:10:54 PM
#7:


Dude looks like a melted wax candle of Gomez Addams.
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WingsOfGood
03/15/24 4:14:47 PM
#8:


Imagine if this is all a setup for Roman Reigns to beat Cody and Rock come out as the Mr.McMahon owner stand in for Rock about to speak when bam McMahon theme plays.

But that dream is dead he is a scumbag. Cue that clip "come out here you rapist!"
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CRON
03/15/24 4:15:36 PM
#9:


There's still the very likely issue of other management like Triple H, Stephanie McMahon and Nick Khan being aware of this for a long time and ignoring everything. IIRC Nick Khan was recently named in the recent lawsuit proceedings.

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YellowSUV
03/15/24 4:16:18 PM
#10:


https://gamefaqs.gamespot.com/a/forum/b/b8b95ccd.jpg

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FortuneCookie
03/15/24 4:16:41 PM
#11:


YellowSUV posted...
https://gamefaqs.gamespot.com/a/forum/b/b8b95ccd.jpg

Gold.
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Vyrulisse
03/15/24 4:17:41 PM
#12:


CRON posted...
There's still the very likely issue of other management like Triple H, Stephanie McMahon and Nick Khan being aware of this for a long time and ignoring everything. IIRC Nick Khan was recently named in the recent lawsuit proceedings.
Literally zero proof they knew or to what extent and just because they are named doesn't mean they are guilty.

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ClayGuida
03/15/24 4:17:45 PM
#13:


Southernfatman posted...
Vince looks like he's going to take over Las Vegas and live in an isolation pod. "I need that platinum chip, pal. That's good shit."

I actually think the stache works for him in this pic. Most pics make him look goofy.
Fucking Andrew Ryan here.

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FortuneCookie
03/15/24 4:18:48 PM
#14:


Maze_ posted...
Reiterating the sentiment he expressed on TKOs fourth quarter earnings call, Shapiro said, Were not in conversations with McMahon. We dont know his motives, his plans or his timeline. He doesnt work for the company, doesnt come into the office and hes not coming back to the company. And thats where we sit.

McMahon being forced out of his own company...

https://gamefaqs.gamespot.com/a/forum/d/d39b8117.jpg

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GS4Life
03/15/24 4:18:55 PM
#15:


Couldn't have happened to a nicer guy

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Crimsoness
03/15/24 4:19:29 PM
#16:


https://www.youtube.com/watch?v=1FV112gTPGc

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Ryven
03/15/24 4:21:00 PM
#17:


Another big kick in the balls to Vince is that they'll never induct him into the Hall Of Fame.

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RISEofCHRISTIAN
03/15/24 4:34:15 PM
#18:


Paul HHH Levesque spotted with new board member, Mr. WWE

https://gamefaqs.gamespot.com/a/forum/d/d2c61964.jpg

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FortuneCookie
03/15/24 4:35:45 PM
#19:


RISEofCHRISTIAN posted...
Paul HHH Levesque spotted with new board member, Mr. WWE

https://gamefaqs.gamespot.com/a/forum/d/d2c61964.jpg

I remember when the Mr. America angle had Vince failing a lie detector test and he was outed as having pleasured himself to fantasies of Mae Young. It's hard to believe the real Vince McMahon is a far, far nastier deviant.

<_<
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The-Apostle
03/15/24 4:40:24 PM
#20:


Good. Dude (and any other shitstain who participated in this crap) needs to rot in prison.

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VeggetaX
03/15/24 4:47:36 PM
#21:


Dude should have retired gracefully years ago

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brestugo
03/15/24 4:51:54 PM
#22:


The-Apostle posted...
Good. Dude (and any other shitstain who participated in this crap) needs to rot in prison.

I see what you did there.

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Roachmeat
03/15/24 5:27:57 PM
#23:


After Netflix gets WwE Raw exclusively, I won't have to care that Vince is no longer with the company because I won't be able to keep up with a quarter of the weekly programming anyway.

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WingsOfGood
03/15/24 6:09:06 PM
#24:


https://www.youtube.com/watch?v=WXjRJcrYAOA
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Maze_
03/16/24 3:33:29 PM
#25:


Ryven posted...
Another big kick in the balls to Vince is that they'll never induct him into the Hall Of Fame.
I doubt he cares about that tbh

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FortuneCookie
03/16/24 3:40:43 PM
#26:


VeggetaX posted...
Dude should have retired gracefully years ago

Nah, it's better that he get caught.

I'd rather have verification of his crimes than for them to be rumor or hearsay after his passing.
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LonelyStoner
03/16/24 3:42:23 PM
#27:


Vince was always a horrible and abusive person. Good.

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Vyrulisse
03/16/24 3:45:55 PM
#28:


Maze_ posted...
I doubt he cares about that tbh
He doesn't really. Apparently the HoF was just a marketing gimmick in Vince's mind. People say Triple H wants to take it more seriously going forward.

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FortuneCookie
03/16/24 3:54:23 PM
#29:


Vyrulisse posted...
He doesn't really. Apparently the HoF was just a marketing gimmick in Vince's mind. People say Triple H wants to take it more seriously going forward.

Does that mean Koko B. Ware's parrot will never be inducted?
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PokemonExpert44
03/16/24 3:56:22 PM
#30:


Vince lol mcmahon

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Turbam
03/16/24 3:57:40 PM
#31:


https://gamefaqs.gamespot.com/a/forum/3/3f2174b9.jpg

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burns112233
03/16/24 4:00:15 PM
#32:


https://youtu.be/TlWcs_XDn74?si=OyT-q2FqrXsxn3ts
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[deleted]
03/16/24 4:02:09 PM
#37:


[deleted]
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Rikishi
03/16/24 4:04:29 PM
#33:


I did it for The Rock.
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Scorsese2002
03/16/24 4:05:56 PM
#34:


Gonna miss Vince

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Auto_Chrisbot
03/16/24 4:38:45 PM
#35:


Never say never in wrestling.

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Maze_
03/16/24 6:45:32 PM
#36:


Scorsese2002 posted...
Gonna miss Vince
I'm not

Allegations aside, Vince was old and frail and awkward on TV.

Between 1997 and 2008 he was great.

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When the going gets tough, the tough go have a little cry in the corner.
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DirkDiggles
03/16/24 6:49:23 PM
#38:


Maze_ posted...
https://gamefaqs.gamespot.com/a/forum/0/00e4c243.jpg


Why is Mr House from Fallout New Vegas with Triple H?

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LSGW_Zephyra
03/16/24 6:53:34 PM
#39:


Get fucked Vince, you murdering bastard.

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Sheiky-Baby
03/16/24 6:56:05 PM
#40:


But he can buy a front row ticket can he not?

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