Vince McMahon, at age 77, has blackmailed the WWE into appointing himself and two goons onto the company’s board. His stated reason for this is to put the company in the best position to be sold, and since he has the majority of the voting stock, apparently no one can stop him.
This comes just five months after he retired with WWE doing an internal investigation into sexual misconduct. “WWE’s board has said it’s investigating allegations that McMahon paid millions to three former employees and one contractor to cover up his sexual misconduct” according to a Bloomberg article from July 29, 2022.
“WWE’s board has said it’s investigating allegations that McMahon paid millions to three former employees and one contractor to cover up his sexual misconduct”
Vince stated a few weeks ago that he received bad advice about retiring so that the scandals would blow over. And then he proceeded to force his way to the top of the company once again.
For those of you who don’t follow Succession, you should it’s a great show, the owner of a large media company Logan Roy, has such disdain for his children that in the finale of the 3rd season he sells the company so that none of them will run it. Despite dangling leadership of the company to each of them in turn to keep them in his orbit, dancing to his tune.
Vince, just six months after ceding leadership to his daughter and step son, the wrestler with the in ring moniker of Triple H, claims to want to sell the company. The billion dollar sale will be his last triumph, but he has no need of the money. It is either a Logan Roy-esque disdain for the way his children have run the company, or a desire for one last deal, one last win to fill the never ending hunger for more, that is the earmark of late stage capitalism.’
Old men who can’t give up their seat at the table, billionaires who can never have enough to satisfy them, needing to hurt and humiliate whomever is in their way one more time seeking one last high, as addicted as any heroine junkie shooting up between their toes.