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#1 |
CodeBot Engaged...WOAAHH!
Posts: 9,806
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Laugh at dumb Vince McMahon
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 ![]() https://www.cnbc.com/2023/11/09/vinc...arent-tko.html |
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#2 |
Posts: 61,593
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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.
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#3 |
CodeBot Engaged...WOAAHH!
Posts: 9,806
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#4 |
Posts: 61,593
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No sympathy. Whoops.
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#5 |
Posts: 61,593
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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.
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#6 |
MVP Mark
Posts: 16,451
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Ummm, what? Do you have any investments? I don't think you understand the risk reward system..........
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#7 |
MVP Mark
Posts: 16,451
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Vince was worth 900 million in 2000, 2.5 billion in 2010, and currently sitting at a nice 4 billion.
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#8 |
CodeBot Engaged...WOAAHH!
Posts: 9,806
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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.
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#9 |
Taller than Adam Cole
Posts: 10,876
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I wish I could be as dumb as Vince McMahon.
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#10 |
boop/bop/beep
Posts: 38,430
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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.
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#11 |
Taller than Adam Cole
Posts: 10,876
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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.
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#12 |
Posts: 61,593
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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?
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#13 |
CodeBot Engaged...WOAAHH!
Posts: 9,806
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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.
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#14 |
Prince Of The Forum
Posts: 3,550
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He needs the money to pay for his evil lab.
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#15 |
I am the cheese
Posts: 51,475
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I promise i wouldnt be able to tell the difference between 680mil and 800mil if you laid it out across the floor
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#16 |
Feeling Oof-y
Posts: 17,151
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#17 |
boop/bop/beep
Posts: 38,430
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#18 |
king of sucks
Posts: 4,414
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#19 |
Posts: 61,593
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#20 |
king of sucks
Posts: 4,414
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#21 |
Posts: 61,593
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He’d still use them better than Tony Khan.
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#22 |
king of sucks
Posts: 4,414
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yeah but not better then tna is useing them now
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#23 |
Posts: 61,593
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Well, it depends what they’re into.
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#24 |
2 Dicks out for Trips
Posts: 17,210
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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.
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