10 Reasons May Is The Most Cursed Month In WWE History

8. The TV Rights Stock Crash - May 16th 2014

A May disaster which is continuing to unfold is the embarrassing crash in WWE's share price. The culprit was the inflated optimism over what the WWE were going to receive financially in their renegotiated TV rights deal with NBC Universal. Thinking that WWE could triple their tv rights fees, the stock market closed on the 15th of May with WWE valued at $19.93 a share. By the next day we had seen the share price drop to $11.27 after the new deal to stay on NBC Universal was announced. The company had failed to deliver on promises of substantial growth, failing to even reveal how much they got, although it's thought to be in the region of $142 million per year for the next three years. Let's compare this to Major League Soccer which just achieved new rights fees of $90 million per year, up from $18 million per a year. The MLS does roughly 220,000 viewers on ESPN and 122,000 on NBC. Compare this to Raw which in March averaged 4.3 million live viewers and Smackdown which averages 2.8 million. As you can see, the WWE have more than cause to believe their deal was a disaster. Vince McMahon has lost roughly $842 million since WrestleMania, with $360 million in the past few days. May 2014 truly has been a time to forget for the no longer billionaire.