Vince McMahon‘s position within WWE’s owners, Endeavor, has now been further reduced. The former CEO recently launched his own media and entertainment company.
Vince McMahon retired from World Wrestling Entertainment in July 2022 after major allegations, before returning in January 2023 to oversee the sale of the company to Endeavor, resulting in UFC and WWE merging to become TKO Group. McMahon was first enlisted in the company as Executive Chairman but later left his position after the Janel Grant lawsuit came to the fore. Since then, McMahon has launched 14TH and I Holdings, a sports, media, and entertainment company.
McMahon has now further distanced himself from Endeavor and WWE after selling another 1.579 million shares worth approximately $250 million. The move comes after he launched his 14TH and I and could be a move to further cement his departure from the TKO Group. The former CEO has now sold $2 billion worth of TKO shares.
According to Brandon Thurston of Wrestlenomics, Vince McMahon still has about eight million shares in TKO Group, making him the Largest Minority Owner.
Endeavor has bought 1,579,080 shares from Vince McMahon for about $250 million.
By my count, if McMahon hasn't made any other transactions since September 2024, he still holds 6,442,325 TKO shares, which would leave him with about 3% of all of TKO rather than 4%. pic.twitter.com/bF6PoreF5z
— Brandon Thurston (@BrandonThurston) June 4, 2025
A former WWE Executive is the President of Vince McMahon’s new company
A former WWE Executive was announced as the President of 14TH and I Holdings. Brad Blum was announced as the President of the company, which will focus on sports, entertainment, and media. Blum was formerly the Chief Operating Officer of World Wrestling Entertainment. He joined the company in 2006 before departing in 2024.
Blum served in a number of positions within World Wrestling Entertainment before being promoted to COO in 2020.