The WWE universe is collectively in fear of Vince McMahon’s return to the company. After McMahon made his way back as the chairman of WWE earlier this year, fans are now dreading his return as the creative head.
Vince McMahon retired earlier last year after allegations of sexual misconduct and hush money payments. However, on Night 2 of WrestleMania 39, and the RAW after that, fans are starting to see the signs of the return of Vince McMahon as the creative.
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However, recent news has emerged which might finally give the fans a sense of relief. On April 3rd, 2023, Endeavor announced that they had purchased WWE. It will now merge it into one sports entertainment company along with the UFC.
However, the latest reports from Wrestlenomics provides some wonderful news for the fans. It announced that despite McMahon getting to keep his position as the chairman of WWE, he will no longer have voting power over the creatives of the company. He will remain the executive chairman of WWE but will lose his voting control after the completion of the merger.
When WWE merges with UFC, Vince McMahon will no longer have majority voting control over WWE or other entities within the new company.
We estimate he'll hold about 18% of all shares.
📡 Wrestlenomics Radio is live now:https://t.co/OnxrmbRzFP pic.twitter.com/uHZI0toxxs
— Wrestlenomics (@wrestlenomics) April 9, 2023
The report stated that Vince McMahon will hold 18% of the shares, while his daughter Stephanie McMahon will have 1.2% and Linda McMahon 0.4%. While the rest of the shares and power will reside with the Endeavor shareholders at 51%.
This might finally come as good news for the fans. After they were dreading McMahon’s return to the creative side of the company. The merger rumored to be around $21 billion is set to be completed later this year. And will see McMahon lose his voting rights.
With rumors of him running things backstage on Night 2 of WrestleMania, and on the RAW after that, fans were utterly disappointed with the results. However, with his latest reports, they finally have something to celebrate.
Was Vince McMahon the creative head behind Brock Lesnar’s assault on Cody Rhodes?
Just hours after WrestleMania 39 came to a conclusion, WWE engaged Cody Rhodes in a potential feud with Brock Lesnar. The Beast Incarnate would destroy Rhodes in a beatdown at WWE RAW. Fightful Select recently revealed that WWE is now planning to develop a feud between The Beast Incarnate and The American Nightmare.
It was reported that they planned the feud months ahead, and was not something Vince McMahon made happen. Brock Lesnar was signaling toward a heel turn for the past few months. And it ultimately happened at RAW after ‘Mania.
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Cody Rhodes would now engage with Lesnar in a feud, and fans are excited to see what path it takes. Being in a feud with Lesnar is a major accomplishment. But if Rhodes loses to Lesnar, all his momentum might go to vain.
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Do you think The American Nightmare will be able to slay The Beast? What do you make of the latest update involving Mr McMahon? Let us know in the comments below.