Vince Macmahon Latest Celebrity News & Gossip

EXCLUSIVE: Slammed by allegations of rape, defecation, sex trafficking and more, Vince McMahon is out at WWE and UFC parent company TKO Group Holdings.

Todd Spangler NY Digital Editor Ari Emanuel, in his capacity as CEO of TKO Group Holdings — the parent company of UFC and WWE — had a compensation package last year that hit nearly $65 million. TKO granted Emanuel, who also is CEO of Endeavor, a base salary of $911,538, plus a $24 million cash bonus and stock awards worth $40 million in 2023, per a regulatory filing by TKO. All told, the exec’s pay package totaled $64.91 million.

Ari Emanuel, CEO of TKO Group as well as the soon-to-be-private Endeavor, saw a pay package valued at $64.9 million in 2023 as CE0 of TKO Group, the home of WWE and UFC. TKO is a relatively new company that started trading on the New York Stock Exchange last September.

More of former TKO Group Executive Chairman Vince McMahon‘s large stake in the company is changing hands, with Endeavor and TKO agreeing to buy a combined $311.2 million of his stock.

Todd Spangler NY Digital Editor Vince McMahon continues to cash out of his stock in TKO Group Holdings, the company formed by the merger of WWE and UFC that is majority-owned by Endeavor. McMahon, the founder of WWE, resigned from the board of TKO Group in January 2024 in the wake of sexual assault and sex trafficking allegations against him by a former employee as detailed in a lawsuit. McMahon has strongly denied the allegations.

Michaela Zee Stephanie McMahon opened the second night of WrestleMania 40 during a surprise appearance Sunday in Philadelphia’s Lincoln Financial Field. “Every WrestleMania is special for its own reason,” Stephanie McMahon told the crowd at the WWE event. “But I think Wrestlemania 40 might be the one I am most proud of, because this is the first WrestleMania of the Paul Levesque era.” Her husband Levesque, also known by his ring name Triple H, is the chief content officer and head of creative at WWE.

Todd Spangler NY Digital Editor Vince McMahon, the founder and former CEO of wrestling entertainment company WWE, received about $100 million through a sale of about 3.5 million shares of TKO Group. TKO Group was formed last year through the Endeavor-led merger of UFC and WWE. Endeavor maintains a majority interest in TKO.

Todd Spangler NY Digital Editor Vince McMahon, the founder of WWE who resigned from the board of TKO Group earlier this year amid sexual assault allegations against him, filed to sell $411.95 million worth of TKO stock, according to a regulatory filing. McMahon’s sale comprised 5.35 million shares of TKO, per an SEC filing Monday. That came after he sold 8.4 million shares of Class A common stock in TKO — in sale worth $670.3 million — last November.

TKO Group Holdings exec Mark Shapiro said the company is “on the sideline” waiting to see if former Executive Chairman Vince McMahon will sell any more of his massive stock holding in the company.

Endeavor-controlled ring sports giant TKO Group Holdings reported $614 million in total revenue in the fourth quarter, along with a slight dip in UFC profits.

Cynthia Littleton Business Editor UFC and WWE logged record revenue and sponsorship deals in 2023, which added up to a strong fourth quarter for TKO, the newly formed parent company of both sports brands. The strong numbers for WWE stand in contrast to the controversy that erupted last month when disturbing sexual assault allegations were leveled against former WWE chairman Vince McMahon in a lawsuit by a former WWE employee.

Longtime WWE sponsor Slim Jim is pausing its promotional activities with the wrestling outfit in light of what it called “disturbing allegations” against its longtime leader, Vince McMahon.

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Joe Otterson TV Reporter Vince McMahon has resigned from his position as the executive chairman of the board of TKO Group Holdings, Inc., the company formed by Endeavor that merged WWE and the UFC. “I wanted to inform you that Vince McMahon has tendered his resignation from his positions as TKO Executive Chairman and on the TKO Board of Directors,” WWE president and TKO board member Nick Khan said in an email to staff seen by Variety. “He will no longer have a role with TKO Group Holdings or WWE.” McMahon’s ouster comes after former WWE employee Janel Grant filed a lawsuit against him, the company, and former WWE executive John Laurinaitis.

Longtime WWE chairman and CEO Vince McMahon is being accused of sexually abusing and sex trafficking a former company staffer as part of a shocking new lawsuit filed on Thursday. According to reporting first by the Wall St

(Editor’s note: this post contain extremely sexually explicit details from the lawsuit against WWE founder Vince McMahon)

Todd Spangler NY Digital Editor A former employee of WWE sued founder Vince McMahon, alleging he abused and sexually exploited her when he was CEO of the wrestling-entertainment company — and that McMahon allegedly trafficked her to other men “as a pawn to secure talent deals” with prospective wrestlers the company was recruiting. The former WWE employee, Janel Grant, filed a lawsuit in U.S.

Endeavor’s publicly traded TKO Group has named Dwayne Johnson to its board of directors, effective today. The WWE superstar has also secured full ownership of the trademarked name The Rock.

Joe Otterson TV Reporter WWE has hired Lee Fitting as the company’s new head of media and production, Variety has learned. The hiring comes just after the departure of Kevin Dunn, the longtime WWE head of production. Dunn had been with WWE for over four decades before his exit was announced in late December.

A group of former WWE shareholders has filed a class-action lawsuit alleging that the events leading up to the merger of WWE and Endeavor’s UFC into TKO Group this year resulted in a “sham sales process” designed to keep Vince McMahon in power and minimizing other bidders.

Vince McMahon, the longtime former CEO of WWE, is selling nearly one-third of his stake in TKO Group Holdings.

Todd Spangler NY Digital Editor Vince McMahon is cashing out. McMahon, the former CEO of WWE, intends to offer 8.4 million shares of Class A common stock in TKO Group, the company formed by the merger of WWE and UFC, which was engineered by Endeavor. Those shares are currently worth about $713 million at TKO’s most recently closing share price.

The war of words between agencies bosses continues.

The XFL, whose latest revival as a springtime alternative to the NFL has been steered by Dwayne Johnson and Dany Garcia, is merging with the USFL.

Dwayne Johnson says he’s “open” to a return to the ring.

Alison Herman TV Critic Everyone loves an underdog, but it’s possible nobody loves one more than Greg Whiteley. With Netflix hits “Cheer” and “Last Chance U,” the documentarian trained his eye on undergraduate athletes whose programs lack the resources or respect of a Big Ten institution. Each show made a compelling case for its subjects’ skill, tenacity and right to a bigger spotlight; “Cheer,” in particular, made stars of its protagonists, a charismatic squad of Texas students who performed death-defying stunts with a smile.

Todd Spangler NY Digital Editor Investors cheered as TKO Group Holdings, the new parent company of UFC and WWE, clambered into the Wall Street ring. Shares of TKO, which began trading Tuesday on the New York Stock Exchange, closed up 2.6% on the day, to $103.22 per share after opening at $102. TKO Group has a market capitalization of $8.57 billion, per data from CNBC.

UFC, the mixed martial arts powerhouse, has officially tied the knot with Vince McMahon’s professional wresting juggernaut WWE, creating a new company called TKO Group that starts trading on the New York Stock Exchange today.

UFC parent Endeavor Group and World Wrestling Entertainment said today they expect to close the planned merger of UFC and WWE on September 12. That’s on the earlier end of expectations as Endeavor said in August it expected the deal to close in mid-to-late September.

Vince McMahon was the CEO and Chairman of the Board at World Wrestling Entertainment (WWE) for decades before “voluntarily” stepping down.

WWE set viewership records last quarter as revenue jumped 25% and the company’s planned merger with Endeavor’s UFC announced in April remains on track to close in the second half of 2023. Media sales jumped more than 30% to $320 million, revenue from live events surged 50% to $62 million.

There's a great goalkeeper who has just put in a fantastic performance in the Champions League final. He's available as his club have financial issues. He is excellent with the ball at his feet. Erik ten Hag knows him personally after coaching him for years at Ajax. This is the bit where you fall out of your chair like Vince McMahon.

WWE Hall of Famer "Superstar" Billy Graham has died at the age of 79. Fellow wrestling legend Ric Flair broke the news on Twitter on Wednesday. "The Superstar Billy Graham Just Left Us.THANK YOU FOR ALL YOUR INFLUENCE On My Career!" he wrote.

The new, publicly traded company to be created by the planned merger of UFC and WWE will be called TKO Group Holdings, a reference to “technical knockout” in fighting sports. Wrestling also has a “total knock out” move.

A former writer for WWE has launched a lawsuit against the pro wrestling organization, alleging she was fired after pushing back on storylines she found “offensively racist.”

WWE fans are unhappy about the recent news that Vince McMahon would be retaining some creative control behind the scenes of the brand.