Former world champion Vince McMahon asks for return
#world #champion #Vince #McMahon #asks #return Welcome to Alaska Green Light Blog, here is the new story we have for you today:
Former WWE writer Vince Russo has backed the idea of Vince McMahon returning to the company. He recently took to his Twitter account and wrote:
“I really hope @VinceMcMahon comes back. God knows in wrestling we need something to talk about. ESPECIALLY when it has nothing to do with current wrestling programming.”
— Vince Russo (@THEVinceRusso) January 6, 2023
Vince McMahon is back in WWE
Vince McMahon is officially back in WWE. A new filing shows McMahon returning to the WWE Board of Directors. Former WWE Co-Presidents Michelle Wilson and George Barrios also serve on the board. Independent directors Alan Wexler, JoEllen Lyons Dillon and Jeffrey Speed were removed.
The filing shows that Vince made changes to the WWE Bylaws so that media rights deals and company sales cannot be made without his approval. The filing also includes emails Vince sent to the board.
On Thursday, Vince took action to return to WWE to participate in media rights negotiations. In a press release, Vince said:
“WWE enters at a critical juncture in its history as upcoming media rights negotiations coincide with increased industry-wide demand for quality content and live events, and more companies seeking to own the intellectual property on their platforms. The only way for WWE to take full advantage of this opportunity is for me to return as Executive Chairman, supporting the management team in negotiating our media rights and combining this with a review of strategic alternatives. My return will allow WWE, as well as all transaction counterparties, to participate in these processes knowing that they will have the support of the controlling shareholder.”