Vince McMahon would be in for a massive payday if the WWE sale takes place as has been expected since he returned to the company to start 2023.
To begin 2023, Vince McMahon ended his retirement which was announced in July 2022. It soon came out after that the former WWE Chairman & CEO, who is now the Executive Chairman of WWE, is back to explore options of a potential WWE sale ahead of the company’s media rights deals expiring in October 2024.
The reason that Vince McMahon retired from WWE at the age of 77 is because of numerous “hush money” payments made by McMahon to silence women that he had affairs with over the last 20 years. However, McMahon apparently believes that it isn’t enough to keep him away from WWE for good, so he will do what’s best for the company. Since Vince is the majority shareholder in WWE, there wasn’t much anybody could do to stop him.
Since his return, there have been multiple lawsuits against Vince McMahon as well as reports about how some companies may not want to deal with WWE if McMahon remains part of the company after a potential sale.
While McMahon is back in WWE offices trying to figure out what’s best for business, his son-in-law Paul “Triple H” Levesque has told WWE talent that he (Triple H) continues to be in charge of WWE’s creative team. That’s a role that Triple H has had as WWE’s Chief Content Officer since July 2022 when Vince retired.
In addition to staying away from WWE from a creative standpoint, Vince also hasn’t been at major events like the 30th anniversary of Raw on January 23rd and the Royal Rumble on January 28th.
With a stock price of $88.50 per share at the end of Thursday, WWE’s Wall Street market value is $6.588 billion.
If WWE sold for $8 billion, which is a number that is close to what the sale should be if it happens, then this is roughly what key people in WWE would make from the sale according to the Wrestling Observer Newsletter:
Vince McMahon $2,552,969,558
Stephanie McMahon $170,842,415
Linda McMahon $50,320,030
Kevin Dunn $24,205,410
Nick Khan $13,837,200
Frank Riddick $10,931,948
Paul Levesque $8,323,822
Clearly, a $2.5 billion payday for Vince McMahon would be huge for the Founder and Executive Chairman of WWE.