The drama surrounding Vince McMahon’s intention to sell WWE has continued with new report noting that Triple H and Stephanie McMahon were against a WWE sale.
Vince McMahon is running WWE again as the Executive Chairman even though he announced his retirement last July. We have seen many wrestlers unretire over the last 40 years, so just like them, Vince is back in control although at this point his intention is apparently to run the company.
Since Vince is the majority shareholder in WWE, he ultimately can decide who they sell to, for how much, and when. Vince could also choose to not sign the company and instead negotiate new media rights deals. There are plenty of options for the company. It also meant that Vince’s return essentially pushed his daughter Stephanie out of her job with the company. Stephanie announced her resignation this week.
The interesting thing about Stephanie being gone from WWE is that Vince McMahon said this in a statement last week: “WWE has an exceptional management team in place, and I do not intend for my return to have any impact on their roles, duties or responsibilities.” Obviously, that’s not true now.
For now, it appears as though Paul “Triple H” Levesque is still the WWE Chief Content Officer that is in charge of the creative team, which has been his job since Vince’s retirement in July 2022.
On Thursday night in a statement issued by WWE, they announced that they have hired a financial advisor, legal advisor and strategic communications advisor to support WWE’s management team.
In a story by Axios, they reported that Triple H and Stephanie were against the WWE sale.
“Sources told Axios that Stephanie McMahon and her husband Paul ‘Triple H’ Levesque, the company’s chief content officer and a retired professional wrestler, had opposed a sale.”
Triple H and Stephanie have not publicly commented on whether they agree with the WWE sale, so it’s not known for sure if this report is true.
Stephanie has also capped off her by week by noting she had ankle surgery in Alabama while thanking her husband Triple H for being at her side.