Vince McMahon no longer owns the majority of WWE shares, as that role goes to Endeavor. Now that WWE & UFC are owned by the same company, where does Vince fit?
Vince McMahon’s Spot Now That Endeavor Owns WWE
For the first time in about 40 years, Vince McMahon has no final say over WWE. That is because like the UFC, the WWE was purchased by Endeavor.
Now, the two companies are traded publicly under the TKO Holdings Group. The merger was made official early last week.
The Wrestling Observer Newsletter noted how Vince McMahon is in a better place that Dana White, who was the President of the UFC.
“The reality is that [Paul] Levesque will be head of creative but Vince will remain with the final power,” the report stated. “Ari Emanuel, who heads the company, put Vince in charge of all facets of the company.”
“Vince’s power is such that Emanuel himself said that if there is a disagreement on the wrestling side of the company with he and Vince, he will defer to Vince.”
“Vince’s position on the food chain is well above that of Dana White, which is notable because UFC got 51 percent of the new company and as far as pure profitability, UFC was far ahead of WWE for the past many years.”
On Friday, WWE released over 100 names including Dana Warrior. It seems like talent were not released and it was more of those handling the corporate side.
Clearly, adjustments need to be made by those in WWE and UFC.
The larger picture is how the companies can use their talent for cross promotion. That would probably be easier for UFC fighters transitioning to WWE wrestlers.
In the past, Brock Lesnar, Ronda Rousey and Matt Riddle have successfully worked for both companies.
So, will Vince McMahon be able to sit-back or will he be too handsy with the product?
