Vince McMahon To Lose Majority WWE Control In Endeavor Deal

Vince McMahon

Following WWE’s deal to be taken over by Endeavor, a new report has suggested that Vince McMahon will no longer have majority voting power over his company.

Endeavor, which owns UFC, is taking control of WWE and putting the two companies under one umbrella in a deal that is valued at around $21 billion. Vince McMahon will retain his position as Executive Chairman of the new company’s Board of Directors while current WWE CEO Nick Khan will become President of the brand in the same role Dana White will continue to have with UFC.

Endeavor will hold a 51% controlling interest in the new company and existing WWE shareholders will hold a 49% interest in the new company.

Wrestlenomics has now reported that the split of shares means that Vince McMahon will no longer enjoy majority voting control over WWE as he did previously.

Despite McMahon’s retirement in July 2022, his role as majority shareholder in WWE was what allowed him to force his way back onto the company’s Board of Directors in the first week of 2023.

The report estimates that McMahon will own around 18% of all shares in the new company with Stephanie McMahon holding 1.2% and Linda McMahon holding 0.4%.

Since the takeover was announced, it has been reported that Vince McMahon is “firmly back in charge” of WWE creative after several changes were made to Monday Night Raw after WrestleMania. The same level of changes were not made at the following SmackDown where McMahon was not present.