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Showing posts with label Linda McMahon. Show all posts
Showing posts with label Linda McMahon. Show all posts

January 27, 2024

End Of An Era 2.0

For the first time since its inception as the Capitol Wrestling Corporation in the 1950's, the only member of the McMahon family currently with the WWE is a Levesque. End of an era.

September 12, 2023

Endeavor Announces Close of UFC® And WWE® Transaction To Create TKO Group Holdings, A Premium Sports And Entertainment Company



Endeavor Announces Close of UFC® and WWE® Transaction to Create TKO Group Holdings, a Premium Sports and Entertainment Company

New Company to Begin Trading Today, September 12, on the New York Stock Exchange Under “TKO” Ticker Symbol

BEVERLY HILLS, Calif. & STAMFORD, Conn.--(BUSINESS WIRE)--Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor”) and World Wrestling Entertainment, Inc. (previously NYSE: WWE) (“WWE”) today announced the close of their previously announced agreement and the launch of TKO Group Holdings, Inc. (NYSE: TKO) (“TKO”).

TKO brings together UFC, the world’s premier mixed martial arts organization, and WWE, an integrated media organization and the recognized global leader in sports entertainment, to create a new premium sports and entertainment company serving more than one billion young and diverse fans1, reaching viewers in 180 countries, and producing more than 350 annual live events. Through this combination, TKO will leverage Endeavor’s expertise in areas including domestic and international media rights, ticket sales and yield optimization, event operations, global partnerships, licensing, and premium hospitality to drive revenue growth.

“The creation of TKO marks an exciting new chapter for UFC and WWE as leaders in global sports and entertainment,” said Ariel Emanuel, CEO of Endeavor and TKO. “Given their continued connectivity to the Endeavor network, we are confident in our ability to accelerate their respective growth and unlock long-term sustainable value for shareholders. With UFC and WWE under one roof, we will provide unrivaled experiences for more than a billion passionate fans worldwide.”

“This is the culmination of a decades-long partnership between Endeavor and WWE across strategic initiatives including talent representation and media rights. Given our collaborative, trusted relationship and Endeavor’s incredible track record of success growing UFC, we believe WWE is optimally positioned for future growth and success as part of TKO,” said Vince McMahon, Executive Chairman of TKO. “Our focus remains on delivering for our fans across the globe as we take the business to the next level alongside UFC and Endeavor.”

TKO will begin trading today on the New York Stock Exchange under the ticker symbol “TKO,” with Endeavor holding a 51% controlling interest in the new company and existing WWE shareholders holding a 49% interest in the new company, on a fully diluted basis.


As previously announced, TKO is led by:


Ariel Emanuel, Chief Executive Officer, who continues as Chief Executive Officer of Endeavor;

Mark Shapiro, President and Chief Operating Officer, who continues as President and Chief Operating Officer of Endeavor;

Andrew Schleimer, Chief Financial Officer; and

Seth Krauss, Chief Legal Officer, who continues as Chief Legal Officer of Endeavor.

Dana White is now Chief Executive Officer of UFC and Lawrence Epstein remains Senior Executive Vice President and Chief Operating Officer of UFC. Nick Khan continues at WWE in the role of President.


The Board of Directors of TKO is led by Vince McMahon as Executive Chairman of the Board and consists of 11 members, including Mr. Emanuel, Mr. Shapiro, and Mr. Khan, in addition to the following directors:


Peter C.B. Bynoe, Senior Advisor at DLA Piper LLP;

Egon P. Durban, Co-Chief Executive Officer of Silver Lake;

Steven R. Koonin, Chief Executive Officer of the Atlanta Hawks, LLC;

Jonathan A. Kraft, President of the Kraft Group LLC;

Sonya E. Medina, President and Chief Executive Officer of Reach Resilience;

Nancy R. Tellem, Executive Chairperson and Chief Media Officer of Eko; and

Carrie Wheeler, Chief Executive Officer and a board member of Opendoor Technologies Inc.

September 11, 2023

End Of An Era




Tonight's WWE Raw will be the last WWE show under the full majority control of Vince McMahon. End of an era.

August 11, 2023

Details On Endeavor Deal, WWE-UFC Merger And Plans For NXT

Following the news from earlier this week that the WWE-UFC merger under Endeavor is expected to close next month, Dave Meltzer's latest Wrestling Observer Newsletter offers up some additional details. The report states that layoffs and other efforts to save money are expected to begin within the company very soon. Additionally, Meltzer indicates that people within Endeavor are hoping to work with WWE to make NXT more of a "sustainable third brand."

The idea behind that is to increase the show's ratings, allowing it to bring in higher TV rights fees. According to Meltzer, the company hopes to make NXT a touring brand once again, with both live events and TV taped on the road. However, there is no timeline for when this will become a reality.

As for the previously discussed revival of "NXT U.K.," there is reportedly an idea for a full-time Performance Center in London, as well as the introduction of a new show focused on all of Europe. However, there will be no updates on that until at least next year.

WWE's stock price hit another record-high earlier this week, reaching $114 per share, giving the company a market valuation of nearly $8.5 billion. When the dust settles, the board of TKO will include six individuals from Endeavor and five from WWE. On the WWE side, that includes both Vince McMahon and current WWE CEO Nick Khan, as well as Steve Koonin, Nancy Teliem, and one more individual who has yet to be revealed.

In addition to remaining on the Board of Directors, Vince McMahon will own 16.4% of the stock for the new company, which will be called TKO. Stephanie McMahon will own 1.1% while Linda McMahon will have 0.3% of the company's stock. There was no word on how many shares Shane McMahon will own.

July 30, 2022

Linda McMahon Responds To Reporter About Vince Mcmahon’s Retirement

Outkick is reporting that during the America First Policy Institute’s conference, Linda McMahon was asked by a reporter about her husband Vince McMahon retiring from WWE and what she thought.

Linda at first refused to comment, but then followed up with a brief statement saying, "You know what, he’ll just be deciding on how he’s going to spend his free time. I think that’s a good thing."

Vince’s daughter Stephanie McMahon and Nick Khan were named co-CEOs of WWE following his departure.

July 8, 2022

Vince McMahon Agreed to Pay $12 Million in Hush Money to Four Women

World Wrestling Entertainment Inc.’s longtime leader, agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity, an amount far larger than previously known. The payouts went to four women, all formerly affiliated with WWE who signed agreements with Mr. McMahon that prohibit them from discussing potential legal claims against or their relationships with the 76-year-old executive, according to people familiar with the deals as well as documents reviewed by The Wall Street Journal. 


The previously unreported settlements include a $7.5 million pact with a former wrestler who alleged that Mr. McMahon coerced her into giving him oral sex and then demoted her and, ultimately, declined to renew her contract in 2005 after she resisted further sexual encounters, according to people familiar with the matter. The wrestler and her attorney approached Mr. McMahon in 2018 and negotiated the payment in return for her silence, the people said. 

In another previously unreported deal, a WWE contractor presented the company with unsolicited nude photos of Mr. McMahon she reported receiving from him and alleged that he had sexually harassed her on the job, according to people familiar with the woman’s 2008 nondisclosure agreement. Mr. McMahon agreed to pay her roughly $1 million, these people said. And in a 2006 agreement, a former manager who had worked 10 years for Mr. McMahon before he allegedly initiated a sexual relationship with her was paid $1 million to keep quiet about it, according to people familiar with the deal. The Journal previously reported about a $3 million hush pact reached in January between Mr. McMahon and a former WWE paralegal with whom he allegedly had an affair, citing documents and the people familiar with the matter. WWE’s board is investigating Mr. McMahon’s agreement with the former paralegal, and the 2018 deal with the former wrestler, people familiar with the inquiry said. 

The board also is investigating allegations that WWE executive John Laurinaitis had a sexual relationship with the same former paralegal, according to people familiar with the inquiry. Additionally, the board is looking at a $1.5 million nondisclosure agreement reached in 2012 with an employee involving misconduct claims against Mr. Laurinaitis, these people said. Mr. Laurinaitis, a former wrestler known as Johnny Ace, had been head of WWE talent relations for eight years when he was forced to step down in 2012 and take a smaller role at the company. His demotion came around the same time as the $1.5 million deal with the employee, who alleged she had an affair with Mr. Laurinaitis and that he demoted her after she broke it off, people familiar with the nondisclosure agreement said. 

Mr. McMahon had restored Mr. Laurinaitis as head of talent relations last year. WWE has since placed Mr. Laurinaitis on administrative leave, a person familiar with the matter said. The Journal couldn’t determine whether the board probe includes the nondisclosure agreements involving the contractor and the former manager, or how far back the investigation will go. A spokesman for the board’s independent directors declined to comment. Neither Mr. Laurinaitis nor an attorney for Mr. McMahon responded to requests for comment. The company is cooperating with the board inquiry, a WWE spokesman said. Mr. McMahon’s relationship with the former paralegal was consensual, the spokesman said, adding that the company is taking the allegations seriously. 

In a June 8 letter to the Journal, Mr. McMahon’s attorney, Jerry McDevitt, said that the former paralegal hadn’t made any claims of harassment against Mr. McMahon and that “WWE did not pay any monies” to the ex-employee “on her departure.” The investigation by the board’s outside counsel at Simpson Thacher and Bartlett LLP was triggered by a series of anonymous emails that directors received earlier this year, the Journal reported. The emails, reviewed by the Journal, described Mr. McMahon’s deal with the former paralegal and alleged that he and Mr. Laurinaitis took advantage of her. Mr. McMahon temporarily stepped aside as the chief executive and chairman of WWE on June 17, following the Journal report on the $3 million agreement with the former paralegal. Mr. McMahon has pledged to cooperate with investigators. 

His daughter, Stephanie McMahon, replaced him pending the outcome of the investigation, though Mr. McMahon still oversees WWE’s creative side, the company said. WWE shares closed at $62.51 on the day Mr. McMahon stepped aside and slid below $60 over the following days. Shares closed Thursday at $65.07. WWE describes Mr. McMahon as critical to the success of the company, which runs the world’s most famous wrestling business and reported record revenue of $1.1 billion last year. WWE said in regulatory filings that losing Mr. McMahon would put its entire business at risk. WWE’s revenue includes a five-year exclusive agreement with NBCUniversal’s Peacock streaming platform struck in 2021 and valued at $1 billion. The company also has TV licensing agreements with Fox Corp. and NBCUniversal, and recently secured its first stand-alone international distribution deal with Disney Plus Hotstar in Indonesia. Fox Corp. and Journal parent News Corp share common ownership. 

Mr. McMahon owns a majority of WWE’s Class B shares, giving him the bulk of shareholders’ voting power, securities filings show. The Class B shares have 10 times the voting power of the Class A shares available to regular investors and are owned exclusively by Mr. McMahon, his family and trusts benefiting individual family members, the filings show. “The bar is going to be reasonably high to wrestle the business from family control,” said Brandon Ross, a research analyst at LightShed Partners who follows WWE. But he added that any outcome that would strip Mr. McMahon’s creative responsibilities would materially change the company. 

In 2006, Mr. McMahon made news after an employee at a Boca Raton, Fla., tanning salon accused him of groping her, according to a police report. The employee told police that Mr. McMahon showed her nude photos of himself on his phone and later tried to kiss her, the police report said. Mr. McMahon said “he was only trying to have a little fun,” according to the woman’s account in the police report. Mr. McMahon’s lawyer told police he denied any wrongdoing, the report said. Prosecutors declined to file charges, citing a lack of independent evidence, records show. Mr. McMahon’s wife, Linda McMahon, helped build the company and was WWE’s chief executive until she stepped down in 2009 for the first of two unsuccessful campaigns for the Senate. She served as head of the Small Business Administration under former President Donald Trump. Mrs. McMahon didn’t respond to requests for comment. Mr. McMahon said in an interview with Playboy magazine published in 2001 that he had been unfaithful to Mrs. McMahon with multiple women in prior years but had put a stop to the affairs after realizing “the havoc you create in others’ lives, just from wanting to have a good time.” 

Mr. McMahon’s affairs at the company were common knowledge, according to former WWE employees. The former paralegal to whom Mr. McMahon agreed to pay $3 million was brought into the company as a legal assistant in 2019, according to people familiar with the matter. She never applied for the job, these people said. Mr. McMahon had met her at his Stamford, Conn., condo building, where both were living, the people said. WWE placed her in the legal department because the woman’s resume said she had attended law school, the people said. The woman often talked with colleagues in the department about her close relationship with Mr. McMahon, the people familiar with the matter said. The talk about Mr. McMahon was so frequent that her boss asked her to stop, saying she was making other employees uncomfortable, according to one of the people. In 2021, the woman transferred from the legal department to talent relations under Mr. Laurinaitis, who returned to the role he had held a decade earlier. WWE considered raising the woman’s annual salary from $100,000 to around $300,000, at Mr. McMahon’s request, according to people familiar with the matter. The company settled on a base salary of $200,000 and a director-level position. An anonymous email sent to the board on March 30 this year, and viewed by the Journal, alleged that Mr. McMahon increased the woman’s salary after he began a sexual relationship with her. The email alleged that Mr. McMahon “gave her like a toy” to Mr. Laurinaitis. 

By Joe Palazzolo Ted Mann and Joe Flint at WSJ.com

September 1, 2021

Linda McMahon Named Chairman of the Center for the American Woman

FPI ANNOUNCES CHAIR OF THE CENTER FOR THE AMERICAN WORKER

Today, America First Policy Institute (AFPI) announced that Linda McMahon, Chair of the Board for AFPI, will also serve as AFPI’s Chairman of the Center for the American Worker.

“There is no stronger advocate or voice for the American worker and their employers than Linda McMahon—an entrepreneur who helped grow a two-person small business to a worldwide, publicly traded corporation that employs hundreds. While serving as the 25th Administrator of the U.S. Small Business Administration, she advocated on behalf of the 30 million small businesses in America—the backbone of our Nation’s economy,” said AFPI President/CEO Brooke Rollins. “I am excited for Linda to carry out AFPI’s mission putting the American worker FIRST.”

“The American worker is the heart of our country,” said Linda McMahon. “AFPI’s Center for the American Worker will reignite the focus on the dignity of work. We have to make sure that the workers, the innovators, and the entrepreneurs who bring these businesses to life have the tools and skills that they need for their workforce.”

May 8, 2021

How Much of the WWE do Vince, Linda, Shane, Stephanie and Triple H Own in 2021?

Brandon Thurston of Wrestlenomics.com revealed  information about WWE’s shareholders. According to him, the McMahons own class B shares, which give them ten times more voting power than other shareholders. These class B shares can only be transferred to Vince and Linda McMahon’s descendants, i.e. Stephanie and Shane McMahon.

Paul Levesque, Vince’s son-in-law, owns 67,571 class A shares, valued at $3.7 million. These class A shares aren’t like class B, which the McMahons own.

What is shocking is Shane McMahon used to own over a million class B shares but hasn’t been listed as a shareholder since 2013. Rumour has it that he sold his stock a while ago.

According to Thurston’s assessment, Vince owns 38% of the shares and 81% of the voting units. Other major shareholders include Lindsell Train Limited, The Vanguard Group, Stephanie McMahon, and Linda McMahon.


From WWE's 2021 Proxy Statement:


SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

The following table sets forth certain information known to us with respect to beneficial ownership of our Common Stock as of March 30, 2021 by (1) each stockholder known by us to be the beneficial owner of more than five percent of either Class A common stock or Class B common stock; (2) each of the Directors and named executive officers; and (3) the Directors and executive officers as a group. 


Class B1  Vince McMahon         92.3%

Class B1  Linda McMahon           1.0%

Class B1  Stephanie McMahon   6.0

April 14, 2020

Sheriff's Deputies Called To The WWE PC Over COVID-19 Order, Order Linked To Trump Super PAC?

The Orange County Sheriff's Department reportedly visited the WWE Performance Center in Orlando, FL several times over the last few weeks, in March and April, to tell the company that it was not in compliance with the "stay-at-home" Executive Order issued by Florida Governor Ron DeSantis, and that they had to shut the tapings down, according to Orlando reporters Jon Alba and Stephanie Coueignoux.

Alba reports that Orange County deputies were called again on Monday regarding the live RAW that aired on the USA Network. However, the new Executive Order from DeSantis, signed on April 9, already allowed for WWE to continue operations as an essential business. There's no word on who was calling the sheriff's department or how many calls they received since March. Coueignoux said deputies told her that on Monday "someone called to say there would be taping at the location that evening" and they responded to the Performance Center again before RAW, but the April 9 order allowed WWE to continue.

January 18, 2020

Jim Ross Discusses Shane McMahon Leaving WWE In 2009, How Vince McMahon Felt Stephanie Was More Like Him Than Shane

On the latest edition of Grilling JR, Jim Ross discussed Shane McMahon’s resignation from WWE in 2009, reportedly because he felt passed over for power and humiliated by his father, Vince McMahon. Highlights are below.

On Shane McMahon feeling like he was not going to be the heir apparent to takeover WWE: “I never thought Shane would leave, but I also never thought Shane was going to be the heir apparent. And I think at some point around this time is where Shane realized that Vince was going to go another direction as his successor and that was in his daughter, it was Triple H, Paul Leveque was going to be the guy, he still is going to be the guy. But I didn’t know drastic times would take these drastic measures whereby Shane would be leaving his birthright, be leaving the family company, to go out on his own. I think at the end of the day, folks, all Shane McMahon wanted to do was make his dad proud in the family business, and it seemed, in Shane’s view, that that opportunity was never going to exist.”

On his talk with Shane about him leaving WWE: “He came to my office and we talked because we were friends, and he understood my, I had some of those same trepidations. I got tired of some of those things that he was experiencing, just took it as a part, but I wasn’t Vince’s son, I wasn’t in the hunt, or the discussion, of being in that heirachy, which was fine with me, I was making plenty of money and I had my gig and I was happy with it. Shane had a whole different ballgame than anyone could experience. The only son of Vince McMahon felt like he wasn’t going to be able to succeed his father, and that’s what he wanted to do.”

On how Vince thought Stephanie was more like him than Shane: “Vince told me one time, Vince loved both of his kids, still does, great grandchildren, Stephanie’s got all girls, Shane’s got all boys, it’s a great situation, but the bottomline is, Vince told me one time, ‘The girl is more like me than the boy.’ I don’t know how we got in the conversation but Vince always saw that Stephanie had that eye of the tiger, very aggressive, sometimes hyper aggressive in the eyes of some I’m sure, but that’s what he wanted. He wanted controversy, he wanted strong leadership. He wanted impactful players in that role, and he thought Stephanie had more of Vince’s personality than did Shane, and Shane was more like Linda.”

credit: Grilling JR and 411mania

September 7, 2019

Linda McMahon Donates Big Money To Donald Trump's 2020 Presidential Re-Election Campaign

Former WWE CEO Linda McMahon has donated a total of $366,200 to the 2020 Presidential re-election campaign for Donald Trump, according to data from the Federal Election Commission.

Three different payments were made on June 3 of this year. One donation was made to the Trump Victory PAC based in Massachusetts, for the amount of $360,600. Linda then made two donations of $2,800 each, for a total of $5,600, to Donald J. Trump For President, Inc., which is his Presidential re-election campaign.

The donations were made through Linda's LLC, McMahon Ventures, and were her first political donations since November 2016.

Trump, who was inducted into the Celebrity Wing of the WWE Hall of Fame in 2013, appointed Linda as the Administrator of the Small Business Administration back in 2016. She stepped down from the role at the end of March 2019. It was reported then that Linda was planning on helping with Trump's 2020 re-election campaign. CBS reported at the time that Linda would be working for America First Action, a pro-Trump Super PAC.

FEC data shows that Linda is the Chair of that America First Action Super PAC, and made a donation of $1 million back on May 28.

August 1, 2019

More Details On Triple H's 50th Birthday Bash

WWE's Executive Vice President of Talent, Live Events and Creative Triple H celebrated his 50th birthday with a big bash in New Hampshire this past weekend.

Sean "X-Pac" Waltman, who was inducted into the WWE Hall of Fame with Triple H and the rest of DX earlier this year, spoke about the birthday party in the latest episode of his X-Pac 12-360 podcast, seen above.

Waltman noted that he flew on Friday from Los Angeles into a quiet, beautiful town in New Hampshire, one of the most beautiful places he's ever seen, but he wouldn't give the name of the town. The birthday guests were housed a hotel on the lake, which had around 40 rooms. Waltman said the party was somewhat intimate with maybe 50 people in attendance, but not many more than 50. He believed a lot of people got their feelings hurt because they weren't invited. The party was so big that they had itineraries for the guests with everything laid out.

March 29, 2019

Linda McMahon To Step Down From Small Business Administration, Reportedly Raising Funds For Trump

Former WWE CEO Linda McMahon is expected to announce later today that she is stepping down as the head of the Small Business Administration.

Linda is expected to rejoin the private sector, according to Politico. Her exact plans are unclear, but a source close to Linda said she plans on playing a fundraising role for President Donald Trump's 2020 re-election campaign. Linda was expected to join Trump at his Mar-a-Lago club in Florida this weekend.

Trump named McMahon as the head of his SBA back in December 2016. Trump administration officials have long seen Linda as a leading contender to replace Commerce Secretary Wilbur Ross when he eventually steps down, but that won't be happening.

December 21, 2018

How Did $5 Million Of Vince McMahon's Money Wind Up In The Trump Foundation?

November 10, 2018

Rumor Mill - Linda McMahon Reportedly Top Candidate for Promotion Within Trump Administration

WWE continues to make a strange amount of geopolitical headlines in 2018 as Linda McMahon is rumored for a bigger role in President Trump's cabinet.

We typically deal in wrestling rumors but turns out political rumors read the exact same. In a report from Politico, McMahon — who's currently running the Small Business Administration —may replace current Secretary of Commerce Wilbur Ross if he leaves the position.

“The leading candidate to replace Ross if that happens is now Small Business Administration chief Linda McMahon, according to two sources familiar with the discussions. McMahon has made clear she is interested in the position and would accept it if it is offered, according to a source familiar with the conversations.”

“Whether Ross stays or goes will depend on the extent to which newly empowered Democrats in the House decide to probe the Commerce secretary’s finances and questions about his divestment of assets, a White House official said. If Democrats decide to press those issues, Ross could have a harder time staying.”

According to Politico's sources, McMahon is said to be interested in the role and would accept the promotion if it came her way.

President Trump and the McMahons have a relationship dating back to the 80's. Trump was inducted into the WWE Hall of Fame in 2013 and his connection to the McMahons has become his administration's most innocent subplot. Vince and Linda McMahon were active supporters of Trump's campaign, contributing millions to pro-Trump Super PACs.

Unlike Trump and the rest of his troops, McMahon rarely makes headlines which could make her potential promotion one of the Trump Administrations least controversial decisions.

However, WWE found itself in the thick of political drama ahead of it's latest trip to Saudi Arabia. After the death of Jamal Khashoggi, many American entities froze or severed their relationship with the Saudis. But despite waves of criticism from fans, the media, and even US Senators, WWE pressed forward with Saudi event, Crown Jewel.

McMahon was asked about WWE's tenacity regarding their relationship with Saudi Arabia, but she gracefully passed the buck to her husband and WWE patriarch Vince McMahon.

Vince McMahon didn't have much to say about WWE's choice to press forward with Crown Jewel, but WWE did release this statement during their Q3 earnings report.

“WWE has operated in the Middle East for nearly 20 years and has developed a sizable and dedicated fan base. Considering the heinous crime committed at the Saudi consulate in Istanbul, the Company faced a very difficult decision as it relates to its event scheduled for November 2 in Riyadh.

Similar to other U.S.-based companies who plan to continue operations in Saudi Arabia, the Company has decided to uphold its contractual obligations to the General Sports Authority and stage the event. Full-year 2018 guidance is predicated on the staging of the Riyadh event as scheduled.”

Outside of the family business having active ties to a contentious Saudi regime, Linda McMahon's still remains one of Trump's most palatable appointments.

October 30, 2018

Linda McMahon Asked About WWE Crown Jewel In Saudi Arabia, If She Talks WWE With President Trump

Former WWE COO Linda McMahon recently spoke with TMZ Sports and said she's not responsible for WWE business when asked about the decision to move forward with Crown Jewel in Saudi Arabia, despite the recent state-sponsored killing of journalist Jamal Khashoggi.

"If you want to talk WWE, you're talking to the wrong McMahon," Linda said.

TMZ pointed out how WWE is essentially a family-run business but Linda referred them to husband Vince McMahon.

"I don't run it and I'm not responsible for it," Linda said. "You gotta talk to Vince."

Linda, who now works as the Administrator of the Small Business Administration, was also asked if she ever talks WWE with her new boss, President Trump, considering he's in the WWE Hall of Fame.

She said, "I talked to the President last about my trip going down to Panama City, which is where we're going to see what relief we can get for the folks down there."

October 12, 2018

Senators Urge WWE To Hold Off Crown Jewel Event In Saudi Arabia

As a part of Crown Prince Mohammad bin Salman's Saudi Vision 2030 plan, WWE agreed to hold multiple events in Saudi Arabia, including the upcoming WWE Crown Jewelevent on November 2. An event that is going to bring Shawn Michaels out of retirement, to team up with Triple H against The Undertakerand Kane. Events that have unfolded over the past week have now thrown those plans into jeopardy.

On October 2, Washington Post journalist and Saudi national Jamal Khashoggi disappeared from the Saudi consulate in Turkey. Intelligencereports have since indicated that Khashoggi was killed, in what was possibly a state-ordered kidnapping gone wrong. With Jamal being a United States resident, the incident has resulted in the Democrats and Republicans calling for investigation into the alleged murder, while the President of the United States himself has alluded to the possibility of the Saudi government being involved in Jamal's reported assassination.

Now, multiple Senators are questioning if WWE should still hold the upcoming November show in light of recent events. "I'd hope that they would be rethinking their relationship with the kingdom, especially with respect to events coming up in the next weeks like [WWE Crown Jewel]." Sen. Chris Murphy (D-Conn.) told IJR.com.

Sen. Lindsey Graham responded, "there should be a pause," when asked by IJR about WWE working with the kingdom.

Sen. Bob Menendez (D-N.J.) pointed to the connection Linda McMahon has in the president's cabinet (Small Business Administrator) and felt President Donald Trumpshould possibly ask WWE to hold off on Crown Jewel.

"Private enterprise is private enterprise, different than a governmental entity," Menendez said. "But because [Linda McMahon] is part of the president's cabinet, it falls into the grey area where the administration really should give it some thought and maybe even prevail upon them not doing it."

September 6, 2018

There's a WWE oral history coming -- and Vince McMahon is involved

The stories of Vince McMahon and the WWE have been told from a variety of different perspectives over the years, but there hasn't been a singular, unfiltered, comprehensive look at the origins of the man or the company he built that included Vince's voice -- until now.

Journalists Craig Marks and Rob Tannenbaum, the authors of "I Want My MTV: The Uncensored Story of the Music Video Revolution," are set to write the definitive oral history of the WWE and the man who took professional wrestling into the mainstream and created an empire that continues to grow to this day.

The involvement and commitment of Vince McMahon and his entire family was the final push that made this long-discussed project into a reality.

"I think that that was one of the negotiating points where the WWE knew that we were serious about writing a no-holds-barred book," said Tannenbaum, in an interview with ESPN.com. "Sometimes when you're trying to sell someone on an idea they're reticent about, you underplay what you're asking for. Craig and I, I think if anything, overplayed what we were asking for.

"We made it clear that we wanted access to Vince and to the entire McMahon family," Tannenbaum continued. "And that what we wanted was not a 15-minute phoner. We were going to need an ample amount of his time which in some ways is a dumb thing to ask for, because he's got a lot better things to do than talk to two geeks about the history of the WWE."

Though Vince McMahon rarely does interviews these days, his blessing and willing involvement separate this project from everything that's come before it.

"This will be an unapologetic look at the good, the bad and the ugly, and the journey that made WWE into the global phenomenon it is today," said Vince McMahon, WWE Chairman and CEO, said via a news release Thursday.

October 2, 2017

Shane McMahon Invested In Legal Marijuana Company

The New York Daily News wrote an article onShane McMahon investing $500,000 back in 2015 in a company called EnviroGrow that builds modules to assist in the growth of marijuana. The company sells their product only in states where the drug is legal for either medical or recreational use. The article also talked about Linda McMahon being include in the current administration's cabinet, and how Shane's investment is in contrast to the Attorney General Jeff Sessions' hard line stance against the drug.

News of this investment was revealed due to Shane filing a lawsuit last year to recoup his money. After making a visit to the company's production plant, he found it to be "nonexistent," and the owner of EnviroGrow refused to return Shane's investment.

February 15, 2017

The McMahons and The Levesques in the Oval Office

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Oderint Dum Metuant: Let Them Hate As Long As They Fear