Laugh at dumb Vince McMahon

[xrodmuc316]

So, much like when he sold WWE stock to fund the XFL, Vince again is selling a big chuck of stock for a pretty big loss.

With the merger, Vince essentially had a 1 for 1 exchange of stock. Vince had 28.7 million shares of WWE, and reports show Vince has more than 28 million shares of TKO.

Vince is selling 8 million shares of TKO stock for roughly $680 Million. Had he not merged, and just cashed his shares of WWE outright, or even the same 8 million shares, he would have banked $800 Million.

This dude lost his power and control, in addition to $120 Million.

Whatever Steph and Triple H did to cross Vince, he can't have thought this has ended up better than just leaving the company to Shane :rofl:

https://www.cnbc.com/2023/11/09/vince-mcmahon-plans-to-unload-a-big-chunk-of-his-shares-in-wwe-parent-tko.html

[Mr. Nerfect]

I’ve got so sympathy for Vince McMahon, but give me $680 million and rub in that it could have been $800 million any day.

[xrodmuc316]

I’ve got so sympathy for Vince McMahon, but give me $680 million and rub in that it could have been $800 million any day.

LOL fair point!

[Mr. Nerfect]

No sympathy. Whoops.

[Mr. Nerfect]

Imagine the crazy world where Vince sells his stock and then buys AEW out of pocket. He then competes against WWE because he must destroy his own creation.

[Ruien]

Ummm, what? Do you have any investments? I don't think you understand the risk reward system..........

[Ruien]

Vince was worth 900 million in 2000, 2.5 billion in 2010, and currently sitting at a nice 4 billion.

[xrodmuc316]

He could have sold 8 million shares of his own company and retained voting control and made more money. Instead he sold 8 million shares of somebody else's company for less money. That is dumb.

[Vastardikai]

I wish I could be as dumb as Vince McMahon.

[Ol Dirty Dastard]

I wish I could be as dumb as Vince McMahon.

Meh I actually don't envy him nor do I aspire to his "intelligence" (I'd call it more ruthlessness and tireless savvy). He's an awful man who's likely too miserable and without enough perspective to truly enjoy his riches.

[Vastardikai]

Meh I actually don't envy him nor do I aspire to his "intelligence" (I'd call it more ruthlessness and tireless savvy). He's an awful man who's likely too miserable and without enough perspective to truly enjoy his riches.

I mean in this particular context. He only got $680 Million instead of $800 million. I will never see that much money in my entire life, let alone at one time. So yes, I gladly be as dumb as Vince McMahon, in this particular context.

[Mr. Nerfect]

Meh I actually don't envy him nor do I aspire to his "intelligence" (I'd call it more ruthlessness and tireless savvy). He's an awful man who's likely too miserable and without enough perspective to truly enjoy his riches.

That’s basically it. Besides perspective, I think whatever fuels him makes him unable to stop. Has the guy even enjoyed a ride on the Sexy Bitch or whatever he calls that yacht?

[xrodmuc316]

He is probably going to buy one of those $500 million mega yachts like Jeff Bezos and just live in international waters where he can do whatever he wants.

MZ1lc6KASWg

[Helmsphere]

He needs the money to pay for his evil lab.

[Destor]

I promise i wouldnt be able to tell the difference between 680mil and 800mil if you laid it out across the floor

[XL]

He needs the money to pay for his evil lab.

More settlements to pay?

[Ol Dirty Dastard]

I promise i wouldnt be able to tell the difference between 680mil and 800mil if you laid it out across the floor

Basically I'm okay if you gave me like 3-5 million.

[erickman]

Imagine the crazy world where Vince sells his stock and then buys AEW out of pocket. He then competes against WWE because he must destroy his own creation.

i want him to buy tna that is the company he can play with

[Mr. Nerfect]

i want him to buy tna that is the company he can play with

I’m shocked that there’s wrestling called TNA and Vince doesn’t have anything to do with it.

[erickman]

I’m shocked that there’s wrestling called TNA and Vince doesn’t have anything to do with it.

his ole buddy russo came up with the name, but i do want to see vince take over the knockouts an herass them

[Mr. Nerfect]

He’d still use them better than Tony Khan.

[erickman]

yeah but not better then tna is useing them now

[Mr. Nerfect]

Well, it depends what they’re into.

[rez]

First order of Vince led AEW. Vince gets called out by Orange Cassidy for Vinnie being his secret father. That's why OC says he's so lazy because Vince gave his mum lots of hush money over the years and he never had to work a day in his life until Tony Kocaine stepped in and encouraged him to be the best OC he can be.