Other Sports Rasslin is YES! YES! YES! - Page 269

**Reaper16** · 10:12 AM

Last thread has well over 10,000 replies. Its body is breaking down like The Undertaker's. Seeing as we might have crossed the threshold into a new era in the business, here's a fresh new thread.

TLO · 09-06-2022, 01:53 PM

Quote:

Originally Posted by GloucesterChief

LOL. Attack and piss off your biggest star and then fire him.

Omega and the Bucks are clowns and AEW will soon go the way of TNA/Impact.

Cody bailed at the right time it seems. Either dude was keeping everything under wraps or could see the shit show coming.

Grabbing my popcorn.

See y'all back in the WWE

BryanBusby · 09-06-2022, 03:01 PM

Quote:

Originally Posted by Superturtle

Oof. Now the rumblings that Discovery is involved and Pink is all but fired.

You might want to lay down the dirt sheets

Sassy Squatch · 09-06-2022, 03:23 PM

Quote:

Originally Posted by BryanBusby

You might want to lay down the dirt sheets

Nah man. It's the only interesting thing about wrestling nowadays

BryanBusby · 09-06-2022, 03:25 PM

Quote:

Originally Posted by Superturtle

Nah man. It's the only interesting thing about wrestling nowadays

fair enough

arrowheadnation · 09-06-2022, 06:33 PM

Ahh hell, I forgot to mention the most exciting thing that happened....MJF is back!

Sassy Squatch · 01-05-2023, 06:20 PM

Welp, Vince is apparently making plans to take back over, and seems like he's willing to make it a hostile one.

smithandrew051 · 01-05-2023, 06:21 PM

Quote:

Originally Posted by Superturtle

Welp, Vince is apparently making plans to take back over, and seems like he's willing to make it a hostile one.

Now this is long term storytelling

Sassy Squatch · 01-05-2023, 06:21 PM

PR Newswire: news distribution, targeting and monitoring
Vince McMahon Takes Actions in Support of Plan for WWE to Undertake a Review of Strategic Alternatives and Capture Unique Opportunity to Maximize Long-term Value for All Shareholders
NEWS PROVIDED BY

Vince McMahon
Jan 05, 2023, 16:25 ET

Submits written consent to WWE Board electing himself and Company veterans George Barrios and Michelle Wilson as Directors

Actions are necessary to ensure McMahon's full participation in upcoming media rights negotiations and review of strategic alternatives

GREENWICH, Conn., Jan. 5, 2023 /PRNewswire/ -- Vince McMahon, the founder and controlling shareholder of World Wrestling Entertainment Inc. ("WWE" or the "Company") (NYSE: WWE), announced today that he has taken necessary actions to position the Company to capitalize on a unique opportunity to maximize long-term value for all WWE shareholders. The actions, communicated to WWE's Board of Directors today via written consent, include the election to the Board of Mr. McMahon, as well as Michelle Wilson and George Barrios – former WWE Co-Presidents and Board members, and currently the Co-Founders and Co-CEOs of Isos Capital Management – and the requisite removal from the Board of three directors. Mr. McMahon expects to assume the role of Executive Chairman of the Board.

Mr. McMahon's new role will enable unified decision making through the Company's upcoming media rights negotiations and a parallel full review of the Company's strategic alternatives, which Mr. McMahon believes is the right course of action and in the best interests of WWE and WWE shareholders amidst the current dynamics in the media and entertainment industry. As Mr. McMahon has communicated to the Board, he believes there is a narrow window of opportunity to create significant value for all shareholders and that to do so, the strategic alternatives review must occur in tandem with the media rights negotiations. He also expressed to the Board that he believes these two initiatives require Mr. McMahon's direct participation, leadership, and support as controlling shareholder.

"WWE is entering a critical juncture in its history with the upcoming media rights negotiations coinciding with increased industry-wide demand for quality content and live events and with more companies seeking to own the intellectual property on their platforms," said Mr. McMahon. "The only way for WWE to fully capitalize on this opportunity is for me to return as Executive Chairman and support the management team in the negotiations for our media rights and to combine that with a review of strategic alternatives. My return will allow WWE, as well as any transaction counterparties, to engage in these processes knowing they will have the support of the controlling shareholder."

Prior to delivering written consent, Mr. McMahon sent two separate letters to the Board in late December in which he expressed the urgency of his return to the Company as Executive Chairman and his desire to work collaboratively with the Board and management team. Following conversations with representatives of the Company both before and after Mr. McMahon's most recent letter on December 31, Mr. McMahon determined, consistent with his rights as controlling shareholder, that the steps announced today are necessary to maximize value for all WWE shareholders.

Mr. McMahon said, "Ms. Wilson and Mr. Barrios are highly qualified directors whose professional experience positions them well to help the Company achieve the best possible outcomes in both initiatives. As former WWE Co-Presidents and Board members, they are intimately familiar with industry dynamics and the organization's operations and have helped guide the Company through past successful media rights negotiations. I look forward to working closely again with Michelle and George – as well as the Company's remaining directors and management team, who have my full support and confidence. WWE has an exceptional management team in place, and I do not intend for my return to have any impact on their roles, duties, or responsibilities."

Sassy Squatch · 01-05-2023, 06:24 PM

Some excerpts from WSJ

Mr. McMahon, who has majority voting power through his ownership of WWE’s Class-B stock, has told the company that he is electing himself and two former co-presidents and directors, Michelle Wilson and George Barrios, to the board, the people said. The move to reinstate Mr. McMahon, which the board previously rebuffed, and the others will require three current directors to vacate their positions.

The 77-year-old sent a letter to WWE’s board in late December detailing his desire to return to the company he ran for four decades, to help spearhead a strategic-review process, the people said.

The board responded last month in a letter to Mr. McMahon that it was prepared to initiate a review process and would welcome working with him on it. However, it said it unanimously agreed that Mr. McMahon’s return to the business wouldn’t be in shareholders’ best interest, according to people familiar with the letters.

He has communicated to the board that unless he has direct involvement as executive chairman from the outset of a strategic review, he won’t support or approve any media-rights deal or sale, the people said.

BryanBusby · 01-05-2023, 07:38 PM

TLO · 01-05-2023, 07:45 PM

Oh Vince

BryanBusby · 01-05-2023, 07:52 PM

No way this was never not going to happen. It's why I never started watching again.

Chitownchiefsfan · 01-05-2023, 09:03 PM

It's a damn shame because the product has gotten so much better since HHH took over.

Sassy Squatch · 01-05-2023, 09:29 PM

I'm sure they'll find some more women to accuse him of various acts of debauchery.

Chitownchiefsfan · 01-05-2023, 10:05 PM

Quote:

Originally Posted by Superturtle

I'm sure they'll find some more women to accuse him of various acts of debauchery.

I'm honestly surprised it took as long as it did. When the news came out i don't think any of us were shocked.

04-08-2014, 09:58 AM
Reaper16 Eat/Sleep/Procrastinate/Repeat Join Date: Jan 2005 Location: Dystopia Casino cash: $10017397	Rasslin is YES! YES! YES! Last thread has well over 10,000 replies. Its body is breaking down like The Undertaker's. Seeing as we might have crossed the threshold into a new era in the business, here's a fresh new thread. Last edited by Reaper16; 04-08-2014 at 10:12 AM..
Posts: 33,369

09-06-2022, 06:33 PM	#4025
arrowheadnation MONTANA #19 Join Date: Mar 2005 Casino cash: $4617357	Ahh hell, I forgot to mention the most exciting thing that happened....MJF is back! __________________ Things I need to happen in order to die happy.... KU wins a National Championship....Check! The Royals win a World Series....Check! The Chiefs win a Super Bowl....FINALLY!!!
Posts: 4,408

01-05-2023, 06:20 PM	#4026
Sassy Squatch The man you could post like. Join Date: Oct 2010 Casino cash: $579655	Welp, Vince is apparently making plans to take back over, and seems like he's willing to make it a hostile one.
Posts: 39,778

01-05-2023, 06:21 PM	#4028
Sassy Squatch The man you could post like. Join Date: Oct 2010 Casino cash: $579655	PR Newswire: news distribution, targeting and monitoring Vince McMahon Takes Actions in Support of Plan for WWE to Undertake a Review of Strategic Alternatives and Capture Unique Opportunity to Maximize Long-term Value for All Shareholders NEWS PROVIDED BY Vince McMahon Jan 05, 2023, 16:25 ET Submits written consent to WWE Board electing himself and Company veterans George Barrios and Michelle Wilson as Directors Actions are necessary to ensure McMahon's full participation in upcoming media rights negotiations and review of strategic alternatives GREENWICH, Conn., Jan. 5, 2023 /PRNewswire/ -- Vince McMahon, the founder and controlling shareholder of World Wrestling Entertainment Inc. ("WWE" or the "Company") (NYSE: WWE), announced today that he has taken necessary actions to position the Company to capitalize on a unique opportunity to maximize long-term value for all WWE shareholders. The actions, communicated to WWE's Board of Directors today via written consent, include the election to the Board of Mr. McMahon, as well as Michelle Wilson and George Barrios – former WWE Co-Presidents and Board members, and currently the Co-Founders and Co-CEOs of Isos Capital Management – and the requisite removal from the Board of three directors. Mr. McMahon expects to assume the role of Executive Chairman of the Board. Mr. McMahon's new role will enable unified decision making through the Company's upcoming media rights negotiations and a parallel full review of the Company's strategic alternatives, which Mr. McMahon believes is the right course of action and in the best interests of WWE and WWE shareholders amidst the current dynamics in the media and entertainment industry. As Mr. McMahon has communicated to the Board, he believes there is a narrow window of opportunity to create significant value for all shareholders and that to do so, the strategic alternatives review must occur in tandem with the media rights negotiations. He also expressed to the Board that he believes these two initiatives require Mr. McMahon's direct participation, leadership, and support as controlling shareholder. "WWE is entering a critical juncture in its history with the upcoming media rights negotiations coinciding with increased industry-wide demand for quality content and live events and with more companies seeking to own the intellectual property on their platforms," said Mr. McMahon. "The only way for WWE to fully capitalize on this opportunity is for me to return as Executive Chairman and support the management team in the negotiations for our media rights and to combine that with a review of strategic alternatives. My return will allow WWE, as well as any transaction counterparties, to engage in these processes knowing they will have the support of the controlling shareholder." Prior to delivering written consent, Mr. McMahon sent two separate letters to the Board in late December in which he expressed the urgency of his return to the Company as Executive Chairman and his desire to work collaboratively with the Board and management team. Following conversations with representatives of the Company both before and after Mr. McMahon's most recent letter on December 31, Mr. McMahon determined, consistent with his rights as controlling shareholder, that the steps announced today are necessary to maximize value for all WWE shareholders. Mr. McMahon said, "Ms. Wilson and Mr. Barrios are highly qualified directors whose professional experience positions them well to help the Company achieve the best possible outcomes in both initiatives. As former WWE Co-Presidents and Board members, they are intimately familiar with industry dynamics and the organization's operations and have helped guide the Company through past successful media rights negotiations. I look forward to working closely again with Michelle and George – as well as the Company's remaining directors and management team, who have my full support and confidence. WWE has an exceptional management team in place, and I do not intend for my return to have any impact on their roles, duties, or responsibilities."
Posts: 39,778

01-05-2023, 06:24 PM	#4029
Sassy Squatch The man you could post like. Join Date: Oct 2010 Casino cash: $579655	Some excerpts from WSJ Mr. McMahon, who has majority voting power through his ownership of WWE’s Class-B stock, has told the company that he is electing himself and two former co-presidents and directors, Michelle Wilson and George Barrios, to the board, the people said. The move to reinstate Mr. McMahon, which the board previously rebuffed, and the others will require three current directors to vacate their positions. The 77-year-old sent a letter to WWE’s board in late December detailing his desire to return to the company he ran for four decades, to help spearhead a strategic-review process, the people said. The board responded last month in a letter to Mr. McMahon that it was prepared to initiate a review process and would welcome working with him on it. However, it said it unanimously agreed that Mr. McMahon’s return to the business wouldn’t be in shareholders’ best interest, according to people familiar with the letters. He has communicated to the board that unless he has direct involvement as executive chairman from the outset of a strategic review, he won’t support or approve any media-rights deal or sale, the people said.
Posts: 39,778

01-05-2023, 07:38 PM	#4030
BryanBusby In Search of a Life Join Date: Mar 2006 Casino cash: $3619900 VARSITY
Posts: 22,291

01-05-2023, 07:45 PM	#4031
TLO Life is changing.. Join Date: Jul 2012 Location: NW Missouri Casino cash: $-560000	Oh Vince
Posts: 41,105

01-05-2023, 07:52 PM	#4032
BryanBusby In Search of a Life Join Date: Mar 2006 Casino cash: $3619900 VARSITY	No way this was never not going to happen. It's why I never started watching again.
Posts: 22,291

01-05-2023, 09:03 PM	#4033
Chitownchiefsfan Starter Join Date: Jan 2018 Casino cash: $2120400	It's a damn shame because the product has gotten so much better since HHH took over.
Posts: 460	1 0

01-05-2023, 09:29 PM	#4034
Sassy Squatch The man you could post like. Join Date: Oct 2010 Casino cash: $579655	I'm sure they'll find some more women to accuse him of various acts of debauchery.
Posts: 39,778