A Thorough Breakdown of How Much Shares & Rights Vince McMahon Will Have in WWE After Selling the Company to UFC’s Parent Company Endeavor

Five months after Vince McMahon announced the sale of his company, WWE, to Endeavor, the merger has finally been closed. According to a press release, the WWE-UFC merger was completed on September 12. With it, Vince McMahon’s ownership of the Stamford-based promotion has also come to an end after 41 years.

However, McMahon will still remain an integral part of the new company. That said, do you know what his role will be and how much of the share will he hold now? Let’s find out.

Vince McMahon becomes a minority shareholder after four decades

In April, McMahon announced that he was selling the promotion to the UFC parent company for a record price of $9.3 billion. This is several thousand times more than the price he had paid to acquire the company from his father, Vince Sr. in 1982. According to the deal, the UFC, valued at $12.1 billion, will merge with the pro wrestling promotion to form a $21.4 billion sports consortium with opportunities, as per Endeavor boss Ari Emanuel.

But what will be McMahon’s share? Well, according to the release, Endeavor will get to keep a 51% controlling interest while WWE shareholders will be left with the remaining 49%, which according to several reports, is also McMahon’s share.

After 41 years, he has been relegated to a minority shareholder in the promotion. But it still doesn’t curb his position in TKO, the newly merged company.

A new release said: “The Board of Directors of TKO is led by Vince McMahon as Executive Chairman of the Board.” It is also comprised of other members. Ariel Emanuel, who was the other face of the merger, will act as the Chief Executive Officer of both TKO and Endeavor. But which other notable personalities are set to be on the TKO board?

Who are the other members in the TKO board?

Mark Shapiro too will have similar positions as President and Chief Operating Officer in both companies. Seth Krauss, who serves as the Chief Legal Officer of Endeavor, will take on the same role in TKO and will continue in the same capacity in Endeavor.

Read More: UFC’s Parent Company “Expects to Lose $25 Million Per Month” Amid Massive Update on Dana White and Vince McMahon’s $21.4B Worth Merger

Andrew Schleimer has been appointed as the Chief Financial Officer. Dana White, the former President of UFC, will assume the role of Chief Executive Officer in the MMA promotion. Lawrence Epstein, Senior Executive Vice President and Chief Operating Officer, will remain in his role.

Meanwhile, Nick Khan will continue his role as President of WWE. Khan will also be one of the members of the Vince McMahon-led board. The others are Peter C.B. Bynoe, Egon P. Durban, Steven R. Koonin, Jonathan A. Kraft, Sonya E. Medina, Nancy R. Tellem, and Carrie Wheeler.

On the other hand, the newly formed company started trading on September 12 after its NYSE debut. A tweet from the New York Stock Exchange confirmed the news. What do you make of the thrilling revelations of the newly formed promotion that hosts two of the most prestigious promotions in combat sports? Let us know in the comments section below.

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