As we previously reported here on eWn, Vince McMahon might be considering launching a new wrestling promotion after parting ways with WWE.
While some insiders believed that such a venture could materialize as early as 2025, others opined that he may have given up on the idea altogether.
The Wrestling Observer Newsletter is reporting that according to a source “very close” McMahon, he is not keen on starting a wrestling promotion.
Although McMahon has some business ideas in mind for the future, wrestling does not feature among them.
It is widely believed that creating a new wrestling promotion from scratch would be challenging, considering the industry’s dynamics and the intense competition from established players like WWE.
Additionally, McMahon is currently facing serious legal troubles, including federal investigations and lawsuits alleging sexual misconduct, which could make it challenging for him to undertake any new business ventures until these issues are resolved.
McMahon has denied all of Janel Grant’s allegations and resigned from WWE/TKO in January.
Vince McMahon Not Interested in Starting New Wrestling Promotion, Sources Say
In a surprising turn of events, Vince McMahon, the renowned wrestling mogul and former CEO of WWE, is reportedly not interested in launching a new wrestling promotion. Speculations about McMahon’s potential venture had been circulating for some time, but recent reports suggest that he may have abandoned the idea altogether.
According to insiders close to McMahon, who spoke to The Wrestling Observer Newsletter, the wrestling tycoon has no plans to start a new wrestling promotion. While he may have other business ideas in mind for the future, wrestling does not seem to be among them.
The decision comes as a surprise to many, considering McMahon’s long-standing association with the wrestling industry. As the mastermind behind WWE’s success, he revolutionized professional wrestling and turned it into a global phenomenon. However, creating a new wrestling promotion from scratch would undoubtedly be a daunting task, given the industry’s dynamics and the fierce competition from established players like WWE.
Moreover, McMahon is currently entangled in serious legal troubles that could potentially hinder any new business ventures. He is facing federal investigations and lawsuits alleging sexual misconduct. These legal issues demand his attention and may require resolution before he can embark on any new endeavors.
It is worth noting that McMahon has vehemently denied all allegations of sexual misconduct made against him. In January, he resigned from his position as CEO of WWE/TKO, distancing himself from the company he had built over decades.
The news of McMahon’s disinterest in starting a new wrestling promotion has left fans and industry insiders speculating about his future plans. Some believe that he may focus on his other business ventures outside the wrestling world, such as his involvement with the XFL football league.
Regardless of his decision, Vince McMahon’s impact on the wrestling industry cannot be understated. His vision and leadership have shaped professional wrestling into what it is today. While fans may be disappointed by the news, they can still look forward to the continued evolution of the sport under the guidance of other talented individuals and organizations.