While being interviewed by Wrestling Inc recently, Old School WWF/ECW Veteran Al Snow praised Vince McMahon for selling a controling interest in WWE to Endeavor, who recently merged the world’s biggest MMA promotion UFC (Ultimate Fighting Championship) and WWE to a brand new legal entity, called TKO Group Holdings.
McMahon, however, remains in the company as the Executive Chairman of the Board of TKO.
Here’s what Al Snow had to say:
“Thought I would never live to see the day that Vince McMahon would sell the company. I think that it speaks to the genius that is Vince McMahon. I know that a lot of people don’t want to hear that, but you’ve got to respect the man.
He took leave, left the company, came back, put himself in a position where he could sell the company, was able to sell it for about $4 billion higher than the valuation that was given for the company, and then got himself a contract to where he could never be fired. Brilliant.”
While Al Snow thinks Vince won’t leave now, but it looks like Vince has plans to leave WWE & TKO. Tap here for details.
In 1982, a pivotal moment in the world of professional wrestling occurred when Vince McMahon Jr. assumed control of the World Wrestling Federation (WWF), marking the beginning of a new era for the industry. Vince McMahon Jr., the ambitious and visionary son of WWF founder Vince McMahon Sr., stepped into his father’s shoes and embarked on a journey that would forever change the landscape of sports entertainment.
Under Vince McMahon Jr.’s leadership and with the help of his #1 flagship Superstar ‘The Immortal’ Hulk Hogan, the WWF underwent a transformation from a regional promotion into a global phenomenon. McMahon was a shrewd businessman who recognized the potential of wrestling as a form of entertainment that could captivate audiences far beyond the confines of local territories. He started to expand the WWF’s reach, taking it into new markets and pushing the envelope with innovative marketing and storytelling.
One of the most significant innovations during McMahon’s tenure was the concept of WrestleMania, which debuted in 1985. WrestleMania was a groundbreaking event that blended wrestling with celebrity appearances, creating a spectacle that transcended the sport and drew mainstream attention. This bold move paid off, turning WrestleMania into an annual extravaganza that consistently attracted record-breaking audiences.
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