Vince McMahon Said To Have ‘Moved On’ Following WWE Resignation

In what some might call a striking end to an era, Vince McMahon, the larger-than-life figure behind WWE, has sold off the last of his TKO stock. Yes, you heard it right—the wrestling mogul who once body-slammed business norms as effortlessly as his stars do their opponents on the mat, is no longer financially entangled in TKO Entertainment’s shares.

The sale comes amidst swirling tornadoes of controversy and legal challenges that seem more fitting for a WWE script than a businessman’s retirement plan. Vince McMahon, who has been grappling with allegations ranging from sexual misconduct to hush money payments, stepped down as WWE’s CEO and chairman last year, handing over the ropes to his daughter, Stephanie McMahon, and Nick Khan.

But like any good wrestling match, the plot thickens. Despite his resignation, McMahon made a dramatic return to the company earlier this year, reclaiming his throne as the executive chairman. His comeback was met with mixed reactions—a cocktail of cheer, jeers, and raised eyebrows. Some insiders suggest that his return was strategized to facilitate the sale of WWE to a worthy buyer, putting a capstone on his tumultuous tenure.

McMahon’s sale of his TKO stock could be seen as him tapping out from the business ring, perhaps to focus on the mounting legal drama that could rival any Wrestlemania event. The allegations against him have painted a stark contrast to the charismatic leader once revered in the wrestling world. They’ve opened up discussions on corporate governance, accountability, and the cost of scandal in the high-octane world of sports entertainment.

As for the financial details of this TKO stock transaction, they remain shrouded in the kind of mystery typically reserved for upcoming pay-per-view events. What we do know is that this move might signal McMahon’s strategy to consolidate his resources and prepare for whatever legal battles lie ahead.

Critics and fans alike are watching closely, some with popcorn in hand, ready for the next chapter in the saga of Vince McMahon—a saga filled with as many twists and turns as a classic WWE storyline. Whether this stock sale will mark a true retirement or just another plot twist in his storied career remains to be seen. In the world of Vince McMahon, even a pinfall doesn’t always signal the end of the match.