Vince McMahon, wrestling tycoon, is once more within the information, this time not throughout the squared circle however a brand new enterprise. The former WWE Chairman has bought a whopping $250 million of TKO Group Holdings shares in a personal sale to Endeavor Group Holdings, the dad or mum firm of each WWE and UFC.
With this transition, McMahon hopes to begin a brand new enterprise even when he is at the moment going through an ongoing court docket case.
McMahon Sells $250M Worth of TKO Stocks
McMahon disposed of 1.579 million shares of TKO’s Class A standard inventory on June 3, 2025, at $158.32 a share underneath an SEC submitting.
McMahon accomplished the sale the following day and disclosed it to Variety, making McMahon the bulk shareholder with Endeavor holding 61.7% of the corporate’s excellent shares.
Before this sale, McMahon retained roughly 8 million shares: 9.8% financial curiosity and 4.1% voting curiosity. With this newest sale, he continues his pattern of promoting belongings following the WWE-UFC merger, now reaching greater than $2 billion in inventory gross sales.
Endeavor Secures Its Hold on TKO
The sale dramatically decreases McMahon’s management of TKO Group Holdings, a enterprise he helped create following the 2023 merger of WWE and UFC underneath the umbrella of Endeavor.
According to Bleeding Cool, the merger was a watershed second for WWE, unifying fight sports activities leisure underneath a single company entity and formally leaving the management of the McMahon household out of WWE.
McMahon Launches 14TH & I: A New Media Investment Venture
As he walks away from WWE, McMahon is not retiring. Rather, he is working quietly on a brand new enterprise. According to WrestleNomics, McMahon has created an funding firm known as 14TH & I, which is able to put money into sports activities, media, and leisure alternatives. SEC paperwork point out he filed three new firms in Connecticut on Sept. 20, 2024:
- 14TH & I Holdings LLC
- 14TH & I Investments LLC
- 14TH & I Management LLC
The title honors the storied 14th Street and I Street location in Washington, D.C., the place Capitol Wrestling Corporation—his father’s and maybe his grandfather’s enterprise, greater than a century in the past, was based mostly. Long-time McMahon associate and former WWE govt Brad Blum is called as President of the brand new firm.
Even after this shift, McMahon’s picture continues to be in query. In January 2024, he stepped down from all WWE and TKO positions after a former WWE staffer, Janel Grant, sued him in a civil lawsuit for sexual assault and trafficking.
McMahon has rebutted all of the allegations, however the authorized continuing continues to be ongoing. This casts a doubt on his future initiatives.
Another accusation includes McMahon operating a hostile room for WWE writers. However, McMahon’s camp solely dismissed the claims.
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