Vince McMahon, as the former executive chairman of TKO, has been in the middle of a peach storm since the Jarnell Grant lawsuit broke out, including John Lawrence, Brock Lesner and others. Immediately, TKO CEO Ali Emmanuel and TKO President and COO Mark Shapiro contacted Vince McMahon and suggested that he voluntarily resign from TKO, and Vince McMahon quit TKO's board of directors altogether.
However, it should be noted that Vince McMahon still holds a large number of TKO** in his hands, but at the time of Vince McMahon's exit from the TKO board, Vince himself did not have any communication with the company's executives about selling or keeping TKO**.
As long as you pay close attention to Vince McMahon's TKO** share, everyone must remember that Vince McMahon gave WWE** to Endeavour Group, and after the UFC and WWE merged later, Vince McMahon held 28.84 million shares of TKO**!
And in mid-November 2023, Vince McMahon sold 8.4 million TKO** shares, which are worth about 7$1.3 billion, so when Vince McMahon resigned as TKO executive chairman, he still held 20.44 million shares of TKO**, and all of this is recorded in the books!
Just today, Brandon Thurston said that Vince McMahon sold another 5.35 million TKOs, worth a whopping 41.2 billion US dollars, so that Lao Mai still holds about 15 million shares of TKO**, accounting for 9% of the total TKO** share.
As we all know, any large-scale sell-off of the company** will have a significant negative impact on TKO's operations and even shareholders' confidence, and TKO's stock price will also fluctuate to a certain extent. In addition, the U.S. federal authorities are still investigating Vince in connection with the Jarnell Grant lawsuit, and at this moment, Lao Mai's sale of TKO** undoubtedly has a certain negative impact on his personal reputation.
With Vince himself currently mired in a federal investigation, his financial decisions will also receive greater scrutiny and scrutiny, and now Vince has sold a lot of TKO**. sparked a discussion among netizens about its challenge to the authority of the law.
In addition, Teddy Long, the former general manager of SD, was asked about Vince McMahon in an exclusive interview with Sportskeeda today, and Teddy Long avoided the important and bluntly said that he would not ask Vince about sensitive topics in person.
If I had met with Vince in private, I wouldn't even have mentioned it. I would just make small talk with him, give him a big hug, and ask him how he was doing. ”
You know, when we sit down and make small talk, I also don't bring up those sensitive topics because I don't think I have to. If I meet Vince, I ask him directly, "Hey, man, what's all that bad news about?" I don't think it's all about me, that's not what I'm supposed to care about, so I don't bother with it at all. ”
In fact, since Vince was deeply involved in the peach incident, including John Cena, Randy Orton and others, they have not chosen to fall into the trap, and are trying their best to exonerate Vince McMahon, and as for what kind of outcome the Vince McMahon incident will usher in in the future, let's wait and see.