Vince McMahon made headlines for all the wrong reasons last year after he was involved in a hush-money scandal, which forced him to retire as WWE Chairman. That being said, McMahon made his return to WWE this week following reports he planned on returning to the company in bid to sell it. McMahon is back as part of WWE now and it seems there is a good chance he could regain creative control of the company this year.
Vince McMahon was officially reinstated to the Board Of Directors, and the changes have already been reflected on the official corporate listing. While speaking on Wrestling Observer Radio, Dave Meltzer and Bryan Alvarez discussed McMahon’s return and noted how McMahon could regain creative control of WWE.
I think the fact that he is going to be the key person selling, he may be looking for assurances (that he will be in charge).
The thing with Vince is that, if a deal was good for the stockholders with him not in charge, once it’s sold… it’s out of his hands, he’s never getting back in.
So he had to do a thing where, ‘I will not a approve any sale unless it’s the right terms’, and they had to kind of accept him back and pretend that everything is all copacetic because he had said basically that any negotiations for the next TV deal, or for the sale, if he wasn’t put back in charge, he would hold it up, he would never agree to it. So it’s kinda like they were handcuffed in a lot of ways.
The idea of Vince taking charge and everything like that, I don’t see that happening for a couple of months, I don’t think that’s happening this week or anything like that.
He basically filed a thing that said he’s only gonna be working when it comes to the sale or the TV deal, and as long as they are a public company, he does have to actually abide by that.
But my gut is that once that sale is done, he probably will try to take over and get the Creative back. I think everyone kind of expects that. I don’t expect those moves to be made right away, but of course Vince wants to be Head of Creative.
And Vince does have power, as far as to facilitate it, he probably at some point this year will have the ability to do it without it having negative repercussions.”
Ringside News exclusively reported that the internal belief in WWE is that Vince McMahon will take control of Creative once again. We have also exclusively reported that McMahon’s return has not been seen as positive move internally. We’ll have to see whether McMahon taking over WWE again will end up being its undoing.
What’s your take on Vince McMahon’s return to WWE? Sound off in the comments!