Vince McMahon Names New Company Amidst Bogus 'Buying Back WWE' Reports (WWE News)
Latest news on ex-WWE boss Vince McMahon's brand new company/investment firm.
Disgraced former WWE boss Vince McMahon has launched a brand new investment firm that's focused on sports, media and entertainment. The new company is called 14th & I, which is a reference to the location of the Capitol Wrestling Corporation office run by McMahon's father pre-WWF/WWE.
Wrestlenomics' chief Brandon Thurston has revealed that three limited liability companies were founded in Connecticut on 20 September 2024. They are: 14TH & I Holdings LLC, 14TH & I Investments LLC and 14TH & I Management LLC. The website noted that keeping all three separate may be a means to keep things legally and financially safe.
Vince is named as a managing member of at least two of the companies filed (Investments LLC and Management LLC). Longtime McMahon associate Brad Blum is said to be President of 14th & I, at least according to posts on a verified LinkedIn profile.
The old Capitol Wrestling Corporation, a predecessor to WWE, had headquarters at the corner of 14th and I streets in Washington D.C. Wrestlenomics noted that they contracted Vince McMahon's representatives before running with the story, but they received no word back from anyone.
McMahon is currently embroiled in several lawsuits related to sexual assault and abuse.
Next To No Chance McMahon 'Buys Back WWE'
Recently, ex-WWE announcer Jonathan Coachman claimed that McMahon would make moves to seize back control of the company from Endeavor/TKO as soon as he could. Coachman cited Vince still having WWE stock, and said he "knows" his former boss would like to be back in charge.
There's next to no chance of that happening, in reality.
A recent report from Fightful Select pointed out that the huge amount of cash Vince previously pocketed for shares he did sell still wouldn't be enough to regain control of WWE. Besides, McMahon has a lot of other things on his plate right now to contend with, and it's hardly like Endeavor is keen to sell the promotion to anybody anyway.
Anyone even slightly concerned by Coachman's reports shouldn't be. This is a no-goer on Vince's side.