Breaking WWE news (with new details added)
Vince McMahon Ends WWE Ties by Selling Last of TKO Shares https://t.co/zpzEUBbDY3 via @sportico #WWE | #billionaire | #SportsBiz— Brendan Coffey (@bpcoffey) April 26, 2024
❗ TRIGGER WARNING: this post mentions sexual misconduct ❗
Vince McMahon is officially gone from the WWE as he put up his remaining shares for sale. This effectively ends his time with the company. He has listed 8.02 million worth more than $776 million at TKO’s closing price of $96.76 Friday. WWE President Nick Khan has also listed all of his shares for sale.
Both McMahon and Khan were named in a [trigger warning]sex trafficking lawsuit last year that forced McMahon to resign from the company. This was the second time he had left WWE due to [trigger warning]sexual misconduct-related suits and complaints.
McMahon has been with WWE for over 50 years. His WWE “highlights” include multiple allegations against him ranging from [trigger warning]sexual harassment, sexual assault (groping), rape, covering up pedophilia, murder and domestic violence of people involved in the company. There have also been multiple settlements made with women accusing McMahon of sexual misconduct.
