Below are a couple of top WWE news stories of the day, involving Vince McMahon and Paul Heyman.
• Vince McMahon has once again attracted attention by selling a significant portion of his TKO stock.
As per recent filings, McMahon has sold 5,350,000 shares of his TKO stock, totaling a substantial $412 million. This transaction reduces his holdings to approximately 15 million shares, representing about 9% of all TKO stock.
This latest development occurs amidst ongoing legal scrutiny surrounding McMahon. Federal authorities are investigating allegations raised against him in the Janel Grant Lawsuit, adding further complexity to McMahon’s business affairs and personal reputation.
• On Monday, WWE announced Paul Heyman as the first inductee for the WWE Hall of Fame Class of 2024.
During an interview with New York Post, Heyman had the following to say about this big news:
“It’s taken me all these decades to figure this business out and the art of presentation to an audience, so while I hate to use the old cliche of, ‘You ain’t seen nothing yet, and I’m just getting started,’ … you ain’t seen nothing yet, and I’m just getting started.
I don’t want a lifetime achievement award when I’m not done achieving things. I still have a lot of other work I want to do in this industry.
I want to be involved in the first main event of WrestleMania in Havana, or on the moon, or on Mars when Elon Musk colonizes it.
These are things that are going to happen in the future and I desperately want to be a part of it.”
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