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Ex-WWE Chairman 'Vince McMahon wants to buy back the company' - just one year after sex trafficking lawsuit led him to resign - but would TKO sell back to him?
Ex-WWE Chairman 'Vince McMahon wants to buy back the company' - just one year after sex trafficking lawsuit led him to resign - but would TKO sell back to him?

Daily Mail​

time3 days ago

  • Entertainment
  • Daily Mail​

Ex-WWE Chairman 'Vince McMahon wants to buy back the company' - just one year after sex trafficking lawsuit led him to resign - but would TKO sell back to him?

Recent reports have suggested Vince McMahon wants to buy back the WWE from TKO. The former chairman resigned from the company in January 2024 following a lawsuit filed by ex-employee Janel Grant, alleging sexual harassment and trafficking. Since leaving, McMahon has been selling off his shares in the company, and is believed to have made over $1.5billion (£1.1bn) from these sales. TKO President Mark Shapiro has previously insisted that McMahon will not return to the WWE and that he has no internal contact with the company. He said in March 2024: 'We're not in conversations with him [McMahon]. We don't know his motives, his plans or his timeline. 'He doesn't work for the company, doesn't come into the office and he's not coming back to the company. And that's where we sit.' And it seems TKO have double down on their stance, as a new report from PWN Reports has claimed that the company still have no interest in selling to McMahon. In fact, WWE insiders reportedly view the notion of McMahon returning as laughable, considering the heinous nature of the allegations made towards him. A post on X read: 'I was given word that TKO is not interested in selling off #WWE. And the source I spoke with chuckled at the thought of Vince purchasing it back. 'It's very possible he may feel like he wants it back, but seems very unlikely at this point since WWE is not for sale.' Part of Grant's 67-page lawsuit accused McMahon of pressuring her for sexual relations in exchange for her job. McMahon allegedly 'greeted her in his underwear, touched her, repeatedly asked for hugs, and spent hour sharing intimate details about his personal life'. Once employed, Grant alleged that McMahon and John Laurinaitis, who served as head of talent relations for the WWE, sexually assaulted her 'while colleagues were busy at their desks.' Her allegations include that McMahon and Laurinaitis locked her in a room at the WWE's Stamford, Connecticut headquarters in June of 2021 and took turns sexually assaulting during the work day. The married McMahon is additionally accused of trafficking Grant to other men, forcing her to perform sex acts 'on demand' and sharing nude photographs of the plaintiff. In one alleged text message from 2020, he is accused of sharing a photo of her with others and writing: 'She may scream and try to say NO!!although it would B difficult to say anything with a c*** down her throat.' Another message allegedly sent by McMahon to Grant a month earlier read: 'I'm the only one who owns U and controls who I want to f*** U.' A spokesperson for McMahon stated after Grant's allegations: 'This lawsuit is replete with lies, obscene made-up instances that never occurred, and a vindictive distortion of the truth. He [McMahon] will vigorously defend himself.'

SIMMONS SAYS: How will Mark Shapiro keep his job after Brendan Shanahan lost his?
SIMMONS SAYS: How will Mark Shapiro keep his job after Brendan Shanahan lost his?

National Post

time25-05-2025

  • Sport
  • National Post

SIMMONS SAYS: How will Mark Shapiro keep his job after Brendan Shanahan lost his?

Article content Mark Shapiro, whose Blue Jays have won five playoff games in 10 seasons on the job, remains president of the baseball club. The five playoff wins, for the record, came from a team Shapiro inherited in 2016, not from one he built himself. Article content Edward Rogers, soon to be major domo of all professional sports across Toronto, had to sign off on the expiry of Shanahan's contract and the determination not to offer him a new deal. Article content Shapiro's contract is apparently up with the Blue Jays right now. It is expected to expire at the end of this season. How he maintains his position in the wake of the Shanahan dismissal is curious at best. Article content In the NHL, 50% of the member teams make the playoffs. In baseball, 40% of the teams qualify for the post-season. Article content So the baseball team should, by mathematics alone, play in fewer playoff games. But the post-season scorecard here is horribly tilted: It reads Shanahan 32, Shapiro 0. Article content Shanahan's Leafs were in the playoffs nine consecutive seasons but just didn't go far enough. Shapiro's Blue Jays — in the second-wild card (or last playoff spot available) — have been in the playoffs three times since 2016 and gone 0-6. Article content Rogers sat on a dais with Shapiro at the Vladimir Guerrero Jr. signing press conference and spoke optimistically about the future. He talked about winning the World Series. Article content That's the way Shanahan used to talk about the Leafs winning Stanley Cups. Article content THIS AND THAT Article content When Shanahan first took over the Leafs, he met with individual newspapers and television networks to talk about his plans for the future. He talked boldly about the Leafs becoming a model franchise for on-ice success, media relations, player accessibility and a new relationship with the city. He was earnest about it. It just never happened. In fact, over the years it got worse. It got to a point where Leafs players were among the most protected, babied, joyless players in all of sport. Most were lacking personality, originality or personal thought. So when Keith Pelley took over the Maple Leafs in earnest on Friday, he talked about the team establishing a better relationship with the fans and media. He talked about the importance of the connection. He spoke with conviction about this similar to the way Shanahan did more than a decade ago. Good luck to him with that … At the end of just about every hockey season, players take a certain pride in announcing which injuries they happened to work through in the playoffs. Broken arms. Broken legs. Broken ribs. Just about everything broken, they'll tell you about. Just not Auston Matthews. He won't share a torn anything with anyone. He doesn't believe it's anyone's business but his own. And maybe he's right, but isn't that just another sign of how he doesn't exactly conform to the hockey culture that came long before he did? … I heard more than one person this week compare Mitch Marner's likely departure from Toronto to Vince Carter's messy ending with the Raptors. The two situations couldn't be more different. Carter quit on the Raps, stopped playing, tried essentially to ruin the franchise. Now he's celebrated for what came before that. Marner played nine seasons with the Leafs, averaged 92 points a year and earned his free agency with his contract about to expire. He's not walking out on anybody. He didn't quit on anyone. You may not care for his lack of playoff acumen, the annual playoff collapse of the Leafs or the softness of his game but understand this: Booing him in the future playing for another team says more about you than it does about him … All year long, I've been hearing that Sam Bennett wants to stay with the Florida Panthers — and why wouldn't he? — and apparently they want to keep him. The only way Bennett is available in free agency is if the Panthers can't find the money to keep him. It's probably the same circumstance with defenceman Aaron Ekblad, who has been a Panther for 11 years. He doesn't want to leave, but available finances may dictate what happens with him in Florida.

SIMMONS SAYS: How will Mark Shapiro keep his job after Brendan Shanahan lost his?
SIMMONS SAYS: How will Mark Shapiro keep his job after Brendan Shanahan lost his?

Toronto Sun

time25-05-2025

  • Business
  • Toronto Sun

SIMMONS SAYS: How will Mark Shapiro keep his job after Brendan Shanahan lost his?

Shapiro's contract is apparently up with the Blue Jays right now. It is expected to expire at the end of this season. Get the latest from Steve Simmons straight to your inbox Blue Jays president Mark Shapiro (left) poses with Rogers Communications chairman Edward Rogers and GM Ross Atkins (right) at the press conference to announce the contract extension for Vlad Guerrero Jr., in April. Photo by Jack Boland / Toronto Sun Brendan Shanahan, whose Maple Leafs won 32 playoff games in 11 seasons, was essentially fired the other day as president of the hockey club. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Mark Shapiro, whose Blue Jays have won five playoff games in 10 seasons on the job, remains president of the baseball club. The five playoff wins, for the record, came from a team Shapiro inherited in 2016, not from one he built himself. Edward Rogers, soon to be major domo of all professional sports across Toronto, had to sign off on the expiry of Shanahan's contract and the determination not to offer him a new deal. Shapiro's contract is apparently up with the Blue Jays right now. It is expected to expire at the end of this season. How he maintains his position in the wake of the Shanahan dismissal is curious at best. In the NHL, 50% of the member teams make the playoffs. In baseball, 40% of the teams qualify for the post-season. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. So the baseball team should, by mathematics alone, play in fewer playoff games. But the post-season scorecard here is horribly tilted: It reads Shanahan 32, Shapiro 0. Shanahan's Leafs were in the playoffs nine consecutive seasons but just didn't go far enough. Shapiro's Blue Jays — in the second-wild card (or last playoff spot available) — have been in the playoffs three times since 2016 and gone 0-6. Rogers sat on a dais with Shapiro at the Vladimir Guerrero Jr. signing press conference and spoke optimistically about the future. He talked about winning the World Series. That's the way Shanahan used to talk about the Leafs winning Stanley Cups. THIS AND THAT When Shanahan first took over the Leafs, he met with individual newspapers and television networks to talk about his plans for the future. He talked boldly about the Leafs becoming a model franchise for on-ice success, media relations, player accessibility and a new relationship with the city. He was earnest about it. It just never happened. In fact, over the years it got worse. It got to a point where Leafs players were among the most protected, babied, joyless players in all of sport. Most were lacking personality, originality or personal thought. So when Keith Pelley took over the Maple Leafs in earnest on Friday, he talked about the team establishing a better relationship with the fans and media. He talked about the importance of the connection. He spoke with conviction about this similar to the way Shanahan did more than a decade ago. Good luck to him with that … At the end of just about every hockey season, players take a certain pride in announcing which injuries they happened to work through in the playoffs. Broken arms. Broken legs. Broken ribs. Just about everything broken, they'll tell you about. Just not Auston Matthews. He won't share a torn anything with anyone. He doesn't believe it's anyone's business but his own. And maybe he's right, but isn't that just another sign of how he doesn't exactly conform to the hockey culture that came long before he did? … I heard more than one person this week compare Mitch Marner's likely departure from Toronto to Vince Carter's messy ending with the Raptors. The two situations couldn't be more different. Carter quit on the Raps, stopped playing, tried essentially to ruin the franchise. Now he's celebrated for what came before that. Marner played nine seasons with the Leafs, averaged 92 points a year and earned his free agency with his contract about to expire. He's not walking out on anybody. He didn't quit on anyone. You may not care for his lack of playoff acumen, the annual playoff collapse of the Leafs or the softness of his game but understand this: Booing him in the future playing for another team says more about you than it does about him … All year long, I've been hearing that Sam Bennett wants to stay with the Florida Panthers — and why wouldn't he? — and apparently they want to keep him. The only way Bennett is available in free agency is if the Panthers can't find the money to keep him. It's probably the same circumstance with defenceman Aaron Ekblad, who has been a Panther for 11 years. He doesn't want to leave, but available finances may dictate what happens with him in Florida. This advertisement has not loaded yet, but your article continues below. I do wonder: Would the Leafs have beaten the Panthers in the second round had Anthony Stolarz played all seven games in goal? … The Dallas Stars and Carolina Hurricanes don't have a forward better than Matthews, Marner or William Nylander, another reason for the annual Leafs hand-wringing… If I'm Brad Treliving, I would definitely work on getting Morgan Rielly to waive his no-trade clause over the summer. Just to explore what value Rielly would bring in the trade market … What the Leafs need more than anything else: A winning mindset. It sounds simple, but it isn't. They have strong coaching, a decent GM, a solid duo in goal, a six-man defence of surprising depth and enough scoring. What they don't have: A built-in desire for victory. It's an intangible that can't be taught. You either have it or you don't. The new Leafs brass needs to study what it takes to win and why their teams comes up short year after year … A successful hockey man I know would tell his wingers the following: 'I want you to be first on the puck and arrive in a bad mood.' … One more question for Matthews: Was it right for a team captain to point fingers at teammates — 'We had too many passengers' — in the moments after losing Game 7? Would you call that leadership? … The Leafs lost faith in Freddy Andersen in goal years ago for two reasons. One, he was injured too often. Two, he let in too many soft playoff goals. So what's happened with Carolina in the first two games against Florida: Too many soft goals scored on Andersen. He's out for Game 3 … Just about every year, Jim Nill and Bill Zito get nominated for the Jim Gregory Award as GM of the year in the NHL. And just about every year, Nill's Dallas Stars and Zito's Florida Panthers are playing in the final four. This year, Nill traded for scorers Mikko Rantanen and Mikael Granlund near the deadline. Zito traded for defenceman Seth Jones and winger Brad Marchand. Making the deals is one thing: Being able to make them because you have enough cap space is another matter entirely. Nill and Zito have mastered this over the years … No American team has won a world hockey championship in 92 years. It's probably appropriate if they finally win one now with the deepest collection of hockey players of any country in the world. This advertisement has not loaded yet, but your article continues below. When did the walk-in to the arena become such a big deal in the NBA, NHL and WNBA? Wow, look what he or she is wearing today! Isn't that nice. The WNBA pre-game arena walk-in is starting to look like a fashion show runway of sorts. It may be just me but I like sports a whole lot more than I like sports entertainment. Unless it's WWE … Another trend that hasn't hit me, for whatever reason: Hot sauce … This is where politics and sports don't mesh particularly well. Russia won't have a hockey team at the upcoming Winter Olympics. Nor should it. But that also means the first best-on-best tournament in years will be without some of hockey's best players: Alex Ovechkin, Nikita Kucherov, Artemi Panarin, Igor Shesterkin, Andrei Vasilevskiy, Kirill Kaprizov … The Blue Jays have to feel so fortunate to not have spent all that crazy money on Juan Soto. The money was crazy, the player in this case, as we're learning, may be crazier …. The poor Maple Leafs. They can't even end their season properly. A group of Leafs players tried to get in a first round of post-season golf together only to be interrupted by bad weather and rain. Lunch, I'm told, at what used to be called Devil's Pulpit was well worth it … Never saw a playoff goaltender better than Curtis Joseph in the 1997 playoff series between Dallas and Edmonton when the Oilers won Game 7 in OT. Others to consider or forever remember: Ken Dryden vs. Boston in 1971; Jonathan Quick vs. everyone in 2012; Vasilevskiy in 2021 for Tampa Bay; and Bernie Parent in the two Philadelphia Flyers Stanley Cup seasons in the 1970s. This advertisement has not loaded yet, but your article continues below. Pascal Siakam has always loved playing at Madison Square Garden, the so-called Mecca of basketball in the NBA. His highest scoring game as a Raptor came in New York. And on Friday night, he had his highest scoring playoff game — with 39 points for Indiana in a second consecutive win over the favoured Knicks. When Siakam scored 52 in New York in 2023, he became just the fifth visiting player in NBA history to score more than 50 at MSG. The other four were LeBron James, Steph Curry, James Harden and Michael Jordan … What do the Raptors have to show for Siakam? It's complicated. They used some of the capital to acquire Brandon Ingram. They drafted Ja'Kobe Walter and acquired Ochai Agbaji because of the Siakam deal. Right now, it's a bit of a dog's breakfast in exchange for a player likely on his way to the NBA Finals … Shai Gilgeous-Alexander, the remarkable young man and young Canadian player who ran away with the MVP award this NBA season doesn't play for a big-market team. He doesn't have a great deal of flash to his game. He isn't outspoken or a big personality or on many television commercials. All he does is perform and win. And it's sad how small and petty the NBA can become when someone who doesn't fit the mould of a breakout superstar becomes one. Shai should be celebrated, not ridden down for getting fouled too easily. Maybe if a championship follows an MVP season, that narrative will be re-written … There is never a new Tiger Woods — there can't be — but isn't Scottie Scheffler getting close to some kind of comparison? … One personal TSN complaint: The network has five channels and one show you never want to miss. So how is it there are weekdays when Overdrive isn't on any of their five channels? …Almost six years have passed since Bianca Andreescu won the U.S. Open, one of the greatest athletic accomplishments in Canadian sports history. Since then, though, where is Bianca? She lost in qualifying this week for the French Open. I keep hoping she's not a one-trick pony, but the clock keeps ticking and her game is in neutral …Nikola Jokic is the best player in the NBA. One of the best ever. Connor McDavid is the best player in the NHL. One of the best ever. Being the best player and being the MVP of any single season are two different things. But should they be? … Pinball Clemons likes to ask: 'What time is it?' The answer, yelled back at him: 'It's football time.' And Saturday night it was. Football time. Argos vs. Ticats. Pre-season football … . Some things just sound right. Like Tim Hortons Field in Hamilton. And now it's the stadium without a name. Until the next sponsor is found … The best show in sports right now: Caitlin Clark … The only NHL players to fight more in their careers than Craig Berube: Tie Domi, Tiger Williams, Chris Nilan and Bob Probert … It's no surprise that Stanley Cup playoff ratings are plummeting in the U.S. this year. The best hockey cities in America — Buffalo, New York, Boston, Chicago, Philadelphia, Pittsburgh and Detroit — all missed the playoffs this year … The late great Roy Halladay rarely lost games. That may have been his most enduring statistic as a major-league pitcher. Halladay who has gotten some mention for a quarter-century all-star team, lost only 69 games in 10 seasons starting for the Jays in the 2000s. Overall, Halladay started 287 games for Toronto. His won-lost record was 148-76 … Born on this date in history: Bruce Gamble, Pete Liske and Cookie Gilchrist … And a happy birthday to Bob Dylan (84), Chad Green (34), Roman Reigns (40), Tracy McGrady (46), Joe Dumars (62), Pat Verbeek (61), Kris Draper (54), Rick Wamsley (66), Rob Ducey (60), Bartolo Colon (52), Willie Pile (45) and Mattias Ekholm (35) … And hey, whatever became of Nick Fotiu? Sunshine Girls Editorial Cartoons Toronto & GTA Ontario Sunshine Girls

WWE Executive Sees ‘Tremendous Upside' In Current Ticket Pricing, Reduced Live Event Schedule
WWE Executive Sees ‘Tremendous Upside' In Current Ticket Pricing, Reduced Live Event Schedule

Yahoo

time13-05-2025

  • Business
  • Yahoo

WWE Executive Sees ‘Tremendous Upside' In Current Ticket Pricing, Reduced Live Event Schedule

If you aren't a fan of WWE's currently high ticket prices, don't expect them to go back down anytime soon. TKO president & chief operating officer Mark Shapiro recently spoke at the JP Morgan Global Technology, Media and Communications conference in Boston. During his talk, Shapiro believes WWE currently has tremendous upside on ticket pricing as well as defending the decision to cut a considerable number of house shows off the yearly schedule. Advertisement 'We cut those house shows down to where now we're doing 200 events a year,' Mark Shapiro said. 'We cut them 75%, the number of house shows that we do. We feel that's a good place to be and we'll continue to prune as we go through. 'WWE has tremendous upside on global partnerships. Tremendous upside on ticket pricing. Tremendous upside on site fees, dynamic pricing, yield management. All areas we're really focusing and pushing in on as it related to live events. As you saw on our first quarter, our margins significantly expanded as it relates to WWE live events.' [H/T: Fightful] READ MORE: WWE RAW Netflix Global Viewership Decreases On 5/5 What do you make of Mark Shapiro's overall comments? Do you see the 'tremendous upside' with the current ticket pricing of WWE events? Let us know your overall thoughts by sounding off in the comments section below. The post WWE Executive Sees 'Tremendous Upside' In Current Ticket Pricing, Reduced Live Event Schedule appeared first on Wrestlezone.

TKO Group Holdings to Participate in the J.P. Morgan Global Technology, Media and Communications Conference
TKO Group Holdings to Participate in the J.P. Morgan Global Technology, Media and Communications Conference

Business Wire

time29-04-2025

  • Business
  • Business Wire

TKO Group Holdings to Participate in the J.P. Morgan Global Technology, Media and Communications Conference

NEW YORK--(BUSINESS WIRE)--TKO Group Holdings, Inc. ('TKO' or the 'Company') (NYSE: TKO), a premium sports and entertainment company, announced that its President and Chief Operating Officer, Mark Shapiro, will participate in the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 13, 2025 at 10:50 a.m. ET in Boston, MA. A link to the live session, as well as a replay available for at least 30 days, will be accessible on the company's investor relations website at About TKO TKO Group Holdings, Inc. (NYSE: TKO) is a premium sports and entertainment company. TKO owns iconic properties including UFC, the world's premier mixed martial arts organization; WWE, the global leader in sports entertainment; and PBR, the world's premier bull riding organization. Together, these properties reach 210 countries and territories and organize more than 500 live events year-round, attracting more than three million fans. TKO also services and partners with major sports rights holders through IMG, an industry-leading global sports marketing agency; and On Location, a global leader in premium experiential hospitality. Website Disclosure Investors and others should note that TKO announces material financial and operational information to its investors using press releases, SEC filings and public conference calls and webcasts, as well as its Investor Relations site at TKO may also use its website as a distribution channel of material Company information. In addition, you may automatically receive email alerts and other information about TKO when you enroll your email address by visiting the 'Investor Email Alerts' option under the Resources tab on

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