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Vince McMahon sells final WWE shares, totalling $2.3B... What is he doing w/all that cash?

Posted on 4/26/24 at 8:39 pm
Posted by Jack Ruby
Member since Apr 2014
23011 posts
Posted on 4/26/24 at 8:39 pm
quote:

WWE co-founder Vince McMahon is ending his association with the promotion after 55 years with the sale of his 8.02 million TKO Group Holdings shares, which were worth $96.76 apiece as of Friday for more than $776 million total.

Prior to the latest stock sale report, McMahon had made about $1.5 billion by selling TKO shares in four separate instances, per Todd Spangler of Variety.

The total stock sale this year represents $2.276B in cash.

The 78-year-old McMahon began his affiliation with then-World Wide Wrestling Federation, which was owned by his father, in 1969. McMahon bought the company from his father in 1982 and served as WWE's leader for four decades.





So... What's he going to do with all that damn cash?

Start a new wrestling promotion? Start a new UFC competitor? Buy a sitting promotion and then infuse all that $ into it?
Posted by FenrirTheBeard
NOLA
Member since Jun 2012
6443 posts
Posted on 4/26/24 at 8:40 pm to
Hookers and blow. Duh
Posted by rattlebucket
SELA
Member since Feb 2009
11554 posts
Posted on 4/26/24 at 8:41 pm to
Assembling a legal defense team
Posted by Purple Spoon
Hoth
Member since Feb 2005
18043 posts
Posted on 4/26/24 at 8:41 pm to
What any billionaire would do…

Take a dump on a prostitute.
Posted by SidetrackSilvera
Member since Nov 2012
2007 posts
Posted on 4/26/24 at 8:41 pm to
Someone is definitely getting poo in their hair, that I can tell you.
Posted by diat150
Louisiana
Member since Jun 2005
43828 posts
Posted on 4/26/24 at 8:41 pm to
quote:

Start a new UFC competitor


That would be the stupidest move ever. Nobody has a shot until dana white retires.
Posted by Royal
God's Country
Member since Apr 2009
1006 posts
Posted on 4/26/24 at 8:41 pm to
Whatever he wants to do
Posted by alajones
Huntsvegas
Member since Oct 2005
34531 posts
Posted on 4/26/24 at 8:42 pm to
Posted by MoarKilometers
Member since Apr 2015
18254 posts
Posted on 4/26/24 at 8:42 pm to
quote:

So... What's he going to do with all that damn cash?


Trying to hide it
Posted by PhilipMarlowe
Member since Mar 2013
20608 posts
Posted on 4/26/24 at 8:49 pm to
Dropping trou’ & squeezing out a Cleveland streamer on some poor girl’s chest.
Posted by Smeg
Member since Aug 2018
9520 posts
Posted on 4/26/24 at 8:52 pm to
Protect it from the lawsuit. I'm sure he doesn't want to lose it all. He'll figure a way.
Posted by KISS ARMY
Da parish brah
Member since Jan 2015
429 posts
Posted on 4/26/24 at 8:58 pm to
He's buying the Saints and Pels
Posted by Pax Regis
Alabama
Member since Sep 2007
12988 posts
Posted on 4/26/24 at 9:08 pm to
Hookers and blow…
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63540 posts
Posted on 4/26/24 at 9:13 pm to
I'd rather not know
Posted by LSU316
Rice and Easy Baby!!!
Member since Nov 2007
29347 posts
Posted on 4/26/24 at 9:15 pm to
Probably find another woman that will let him shite on her.
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
2977 posts
Posted on 4/26/24 at 9:17 pm to
At 78 he is ready for the retirement home
Posted by Tigerstark
Parts unknown
Member since Aug 2011
6021 posts
Posted on 4/26/24 at 9:18 pm to
Paying off the hookers he stupidly put on company payroll.
Posted by LSU Grad Alabama Fan
369 Cardboard Box Lane
Member since Nov 2019
10471 posts
Posted on 4/26/24 at 9:42 pm to
quote:


Start a new wrestling promotion? Start a new UFC competitor? Buy a sitting promotion and then infuse all that $ into it?


Buy XFL players.
Posted by Tasseo
Member since Feb 2024
1121 posts
Posted on 4/26/24 at 10:02 pm to
quote:

Vince McMahon sells final WWE shares, totalling $2.3B... What is he doing w/all that cash?

We need a "It'll always be a WWF to me" gif/meme.
Posted by CR4090
Member since Apr 2023
2529 posts
Posted on 4/26/24 at 10:23 pm to
Hookers, blow and NDAs.
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