• Vince McMahon Is Officially Done With WWE
WWE is reporting that the Vince McMahon hush-money investigation is complete.
Below is the statement that they issued in their press release for their 3rd quarter results:
“As previously announced, a Special Committee of independent members of the Board of Directors was formed to investigate alleged misconduct by Vincent K. McMahon, the Company’s former Chairman and Chief Executive Officer, who resigned from all positions held with the Company on July 22, 2022 but remains a stockholder with a controlling interest, and another executive, who is also no longer with the Company.
The Special Committee investigation is now complete and the Special Committee has been disbanded. Management is working with the Board to implement the recommendations of the Special Committee related to the investigation.
For the three and nine-month periods ended September 30, 2022, the Company’s consolidated pre-tax results include the impact of $17.7 million and $19.4 million, respectively, associated with certain costs related to the investigation.”
According to Brandon Thurston, the cost of this investigation was $19.4 million, which is separate from Vince’s unrecorded payments of $19.6 million over the years.
Fightful Select is reporting that a WWE spokesman said Vince is “done, done” & will not be returning to the roles taken over by Triple H, Stephanie McMahon & Nick Khan:
“Another longtime WWE employee said that while they initially had reservations, hesitations and fears regarding McMahon’s departure and him possibly quickly coming back, that’s no longer the case.
They went as far as to say that everyone in charge realizes that would be a major step back for the company, and that today’s filing instilled even more confidence in those that thought McMahon leaving would be a blow to the company.”
Also Read: WWE’s Revenue For Q3 Revealed (Details)
WATCH: Stephanie McMahon Kisses Vince McMahon:
• ON THIS DAY IN WWE HISTORY (November 2, 2007) – WWE Friday Night SmackDown!
On this day in 2007, World Wrestling Entertainment aired another episode of their weekly TV show ‘WWE Friday Night SmackDown!’.
This episode was broadcasted from the Nassau Coliseum in Long Island, New York and featured pre-taped matches & storyline segments on the road to the ‘WWE Survivor Series 2007’ PPV.
Here’s the official match-card from that night:
1. Domino vs. Festus
2. Rey Mysterio vs. Jamie Noble
3. Kane vs. MVP
4. Mick Foley vs. Jonathan Coachman
5. Chuck Palumbo vs. Kenny Dykstra
6. The Undertaker & Batista vs. The Great Khali & Mark Henry
