Vince McMahon’s Involvement in TKO Group Holdings Revealed
Vince McMahon is back from his medical hiatus after undergoing back surgery, and he was in attendance for the opening bell ceremony at the New York Stock Exchange with the executives of UFC, WWE, Endeavor, and the newly established TKO Group Holdings, which will serve as the newly merged entity of UFC and WWE under Endeavor Group.
On today’s edition of Wrestling Observer Radio, Dave Meltzer revealed McMahon’s new role under TKO Group Holdings.
McMahon will be “running the wrestling company” of the newly merged entity as the Executive Chairman of TKO. The 78-year-old billionaire will also serve as the group’s Chairman of the Board of Directors.
Additionally, McMahon will be either second-in-command to TKO CEO Ari Emanuel or tied for second-in-command with Mark Shapiro, who will serve as President and Chief Operating Officer of TKO.
Moreover, since Emanuel isn’t quite as knowledgeable about wrestling, he would defer to McMahon in those matters. Thus, it appears that McMahon is still in charge when it comes to WWE.
Meanwhile, Endeavor and TKO’s Emanuel, Shapiro, and WWE President Nick Khan will be handling the TV rights negotiations for WWE for their new broadcast deals.
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Vince McMahon is one of the most influential figures in the world of professional wrestling. After taking a medical hiatus to undergo back surgery, McMahon is back and ready to take on a new role in the newly merged entity of UFC and WWE, TKO Group Holdings.
McMahon will serve as the Executive Chairman of TKO and Chairman of the Board of Directors. He will be responsible for “running the wrestling company” of the newly merged entity. McMahon will be either second-in-command to TKO CEO Ari Emanuel or tied for second-in-command with Mark Shapiro, who will serve as President and Chief Operating Officer of TKO. Since Emanuel isn’t quite as knowledgeable about wrestling, he would defer to McMahon in those matters.
In addition to running the wrestling company, McMahon will also be involved in the TV rights negotiations for WWE for their new broadcast deals. McMahon will be working alongside Endeavor and TKO’s Emanuel, Shapiro, and WWE President Nick Khan to handle these negotiations.
McMahon has been a driving force in professional wrestling since the 1980s. He founded the World Wrestling Federation (WWF) in 1982 and later renamed it World Wrestling Entertainment (WWE) in 2002. He has been credited with revolutionizing the industry and turning it into a global phenomenon. McMahon has also been inducted into the WWE Hall of Fame and has received numerous awards for his contributions to the industry.
McMahon’s return to the wrestling world is sure to bring about some exciting changes. With his experience and knowledge of the industry, McMahon is sure to make a positive impact on the newly merged entity of UFC and WWE. Fans can look forward to seeing what he has in store for the future of professional wrestling.