Vince McMahon Sells Significant Amount Of TKO Shares
Vince McMahon is moving further away from having anything to do with WWE as he gets rid of a massive amount of TKO shares.
When Endeavor completed its takeover of WWE in September 2023, Vince McMahon was installed as the Executive Chairman of the newly formed TKO Group, but that relationship soon turned sour.
McMahon was told to resign by his Endeavor bosses after a lawsuit filed by an ex-WWE employee accused him of serious sexual assault. However, it wasn’t until a sponsor took action that Endeavour was forced to move to distance itself from McMahon.
Since Vince McMahon’s departure, he has sold a huge number of shares in TKO, and as of April 2025, his shareholding was down to 9.8% of the company. But now that number is significantly lower.
Vince McMahon Sells $250 Million Worth Of TKO Stock
Endeavor, which is now a privately held company known as WME Group, has purchased 1.579 million shares of TKO Class A common stock from Vince McMahon for $158.32 per share. The deal that was finalised on June 4th has netted McMahon around $250 million. This means since his removal, McMahon has sold over $2 billion worth of TKO shares. The deal also means that Endeavor now owns 61.8% of outstanding TKO stock.
The timing of the deal will raise eyebrows as Vince McMahon recently launched a brand new company and could be using some of the proceeds of his stock deal to help finance projects related to that.