Vince McMahon Sells $250 Million in TKO Stock Amid Lawsuit
Vince McMahon sold $250 million in TKO stock to Endeavor amid a sex trafficking lawsuit, further reducing his company involvement.
World Wrestling Entertainment (WWE) is an American media and entertainment company primarily known for professional wrestling. Vince McMahon founded the modern WWE in the 1980s, transforming what was once a regional business into a global phenomenon. Based in Stamford, Connecticut, WWE stands today as the largest and most influential wrestling organization in the world.
Initially operating under the name World Wrestling Federation (WWF), WWE rebranded in 2002 due to a legal dispute with the World Wildlife Fund. As a result, the company adopted the slogan “Get the F Out” and shifted toward a broader entertainment strategy.
WWE produces weekly television programs, including Raw, SmackDown, and NXT, which air globally. It also stages premium live events like WrestleMania, Royal Rumble, and SummerSlam, each drawing millions of viewers annually. Moreover, the company expanded into films, reality shows, and its own streaming platform, WWE Network, later integrated into Peacock in the United States.
Throughout its history, WWE launched the careers of major stars such as Hulk Hogan, The Rock, Stone Cold Steve Austin, John Cena, and Roman Reigns. It also acquired competitors like WCW and ECW, consolidating its dominance in the wrestling industry.
In 2023, WWE merged with UFC under the parent company TKO Group Holdings, marking a new era of business expansion and strategic partnerships. Despite facing criticisms and controversies over the years, WWE remains the industry leader, known for its large-scale productions, global reach, and ability to create cultural icons.
Today, WWE continues to shape the world of professional wrestling, setting the standard for storytelling, athletic performance, and entertainment innovation.
Vince McMahon sold $250 million in TKO stock to Endeavor amid a sex trafficking lawsuit, further reducing his company involvement.
Shotzi disclosed WWE initially withdrew her 2018 contract offer due to perceived "risky" online photos, only to re-sign her in 2019 following AEW's emergence.
Reports indicate Karrion Kross's WWE contract is expiring with no renewal interest, fueling speculation about his potential departure.
Speculation surrounds Bayley's possible return at Money in the Bank, which could affect Becky Lynch's Women's Intercontinental Championship match against Lyra Valkyria.
Logan Paul and John Cena discussed potential tag team names, including "Heel Team Six" and "The WWE," before their Money in the Bank match.
Zoey Stark will miss the rest of 2025 and WrestleMania 42 after undergoing knee surgery for an injury sustained on WWE RAW.
Vince Russo claims Triple H's personal dislike for LA Knight is hindering the wrestler's rise in WWE, citing inconsistent booking despite fan support.
Roxanne Perez publicly appeals to AJ Lee for a dream match during WWE RAW, while reports suggest Lee's return remains unlikely.
Naomi recently issued a social media challenge to Stephanie Vaquer following Vaquer's WWE RAW debut.
Karrion Kross' WWE contract expires in months with no renewal offer yet, per Fightful Select.
Ricky Saints suffered a laryngeal contusion during an NXT match; WWE issued a medical update on his injury status.
Kevin Kesar's WWE contract status remains unchanged despite fan advocacy, as his current deal approaches expiration this summer.
Zoey Stark is not expected to return to the ring until 2026, potentially missing WrestleMania 42 due to a severe knee injury sustained on WWE RAW.
Bryan Alvarez reported on potential more departures following recent WWE releases, including speculation about Mike Mizanin.
Authorities detained Shawn Chan outside the WWE PC related to an outstanding warrant, with no reported connection to stalking or WWE.
CM Punk discusses the influences and personal significance behind his iconic Pepsi tattoo.
WrestleVotes indicates Ronda Rousey's return for WWE Evolution 2 on July 13, 2025, is a "flip of a coin," despite an eventual WWE comeback being likely.
Bully Ray, on "Busted Open After Dark," stated Mariah May might have maxed her AEW potential prior to her June 3 WWE NXT debut, citing her Toni Storm feud.
Roxanne Perez shared that The Rock watched her match at NXT New Year's Evil on January 7, 2025, and offered her commendation backstage at the event.
Mariah May debuted on WWE NXT on June 3, a move anticipated within AEW as her contract concluded and she had reportedly been preparing for a transition for months.