10 Craziest Wrestling Rumors That Could Come True

2. Vince McMahon QUITS WWE!

Vince McMahon FIRED
WWE

Was this in your bingo card? Vince McMahon has been dropping hints about stepping away from the family legacy, as revealed in regulatory filings linked to WWE's recent merger with the UFC. The newly formed juggernaut, TKO, has officially registered all of McMahon's shares for sale, sidestepping the lockup period applied to other TKO stakeholders like Endeavor and Silver Lake.

McMahon, currently holding a substantial 28.84 million TKO shares, valued at a staggering $3 billion as of 2023, seems to be embracing newfound flexibility or, perhaps, maneuvering in light of ongoing investigations. The cryptic SEC filing from last month hinted at this strategic move, with no additional comments from TKO or McMahon.

Delving into the details, the recent registration statement, devoid of any underwriters, explicitly notes McMahon, alongside two other TKO executives, as "selling stockholders in this offering." The stakes are high as McMahon, a pivotal asset for TKO owing to his unparalleled knowledge, finds himself at the centre of controversy once again.

Despite his crucial role on listing day at the NYSE, McMahon's past missteps, including alleged misconduct cover-ups, paint a complex picture. He faces additional challenges with a federal search warrant and grand jury subpoena in July, though no charges have been filed.

According to a report by Axios, TKO doesn't want the controversy of a guilty McMahon hanging around the place, which leads onto the top Craziest Wrestling Rumour That Could Come True...

Contributor

When I'm not trying my hardest to visit all 50 U.S. states, I'm listening to music from the 80s, watching TV from the 90s, and reminiscing about growing up in the 00s. I'm currently living in Melbourne, Australia so WWE premium live events are on Sunday afternoons for me; the absolute dream.