Vince McMahon Announces Retirement From WWE
- Thread starter DinkyDev
- Start date
Zack Sabre Jnr. Big socialist and notorious for working his hatred of the UK conservative party into his promos.
He suggested they hire Mark Callaway(the undertaker).
Kane(the character), he claims, was his greatest creation.
That's not HALF bad.
but yeah, the recent stuff is pretty f'n cheezy and bad.
Zack Sabre Jr.
More on him in the quotes below with clips.
The guy is probably one of the wildest submission experts ever. Literally everything he does turns into a submission. Even his submissions typically turn into a sequence of him starting with one joint locl qnd working in additional limbs the longer your in his hands and eventually mixing in stomps and headbutts to your joints or head while your in the hold.
Example is how he dismantled Chris Hero.
View: https://youtu.be/PWxo3rtFLBc
Between that he does studf like running punt kicks to faces. And since his holds are catch wrestling style daisy chaining holds he doesnt per se have a particular signature submission he ends matches with and even mocks go to finishers by naming new holds ridiculous long or odd names. He swept the New Japan Cup beating Naito, Tanahashi and more one year with a particularly gruesome hold that combined a calf slicer, a stretch muffler and he even worked it into a bananasplit which is rare.
View: https://youtu.be/kBmH-l87Xq0
He was in the cruiserweight classic as a standout and like Ibushi laughed at the lowball wages they tried to make him take and left.
My god the way he tapped out Noam Dar was brutal. Go to 2:53 to see him satellite counter Dar outta a run to land in the ground in a rings of saturn using his leg totry to dislocate the shoulder which he then headbutted until tap ehile it was bent so far it looked OUT.
View: https://youtu.be/cVmPsHrQ6GY
One of the best in the world and has been a major name in New Japan for years even taking out their best on the regular. Crazy skinny but its honestly only made his mystique of being someone notnto mess with crazier because he tortures anyone and grapples rings around em regardless of his skinnier size.
Caught Smackdowns open at the gym and lol at how fast they cut to the Street Profits intro when Steph tried to start a Thank You Vince chant and it just wasnt catchin. You can pipe in cheers but you cant pipe in a chant no ones ever done.
Hes gone. Rest in piss you stain.
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Prichard has never really been about creative by and large. He may have come up with some ideas and finishes here and there, with the most notable being him coming up with the name for Kane, but his main job was always more about backstage production (outside a very brief period when he ran talent relations), things like shooting vignettes, making sure materials and wrestlers were there and ready for shoots, staging for backstage segments, etc.
You didn't hear about the creations in the same way you did the others because his job wasn't about scouting talent or being creative, it was more about making sure that what was ultimately was decided to be done was produced even though he was on the "creative team" in the 80s/90s, but that term meant something significantly different than it does now. His position was more like Dunn's. Dunn never came up with anything of note, he just was told what was being done and shot it. Prichard mostly has been in that same field
ZSJ went very quiet on the big issues the moment his best friends got accused of being sex pests and run out of town (still a SPLX sponsored athlete as well).
exactly. he's not even leaving because he wants to go but because they have heads up on all the news about to drop about him in the coming days/weeks.
he's still the majority shareholder. his family/puppets are still in key positions of power. nothing will really change until he sells.
People need to stop holding both Shane and Heyman up on a pedestal. While it could be him booking towards Vince's like, but Heyman was responsible for the Lashley's sisters story, I believe, and other shitty storylines when he has been involved in creative. He does have a desire to push younger guys, but I think creatively, he's become out of touch and still stuck in that mid-90's ECW thinking.
Triple H - 52
Stephanie McMahon - 45
Nick Khan - Not sure
Bruce Prichard - 59(?)
Shawn Michaels - 57
The above names will probably be the new WWE brain trust, with Stephanie being the youngest at 45. They're all younger than Vince but is there any young blood being groomed for executive positions in that company?
I was going to make this a post about how with no one from younger generations in a position of power then WWE won't attract younger fans even though Vince is gone, then I remembered most of their fanbase is over 50 anyway so they'll be fine.
Stephanie McMahon - 45
Nick Khan - Not sure
Bruce Prichard - 59(?)
Shawn Michaels - 57
The above names will probably be the new WWE brain trust, with Stephanie being the youngest at 45. They're all younger than Vince but is there any young blood being groomed for executive positions in that company?
I was going to make this a post about how with no one from younger generations in a position of power then WWE won't attract younger fans even though Vince is gone, then I remembered most of their fanbase is over 50 anyway so they'll be fine.
Nick isn't Frank, he's Mattson if the original offer was accepted
I was looking for someone in the team already. but yes Frank is not ruthless. Nick fired a lot of wrestlers
Nick Khan is Rhea
Except Nick would have closed the PGM acquisition and sold off the Cruises division for like 10x its actual worth.
This is a lot of "ifs," but if HHH gets creative control, and is allowed to bring his own production crew, push who he wants, allows the wrestlers and commentators to speak naturally, and makes Raw/Smackdown into a big budget version of his NXT vision, then that would be a huge challenge for AEW. Because WWE would also have things AEW can never compete with, money and TV time.
Its going to take a long time for change like that to happen, so we'll see.
Its going to take a long time for change like that to happen, so we'll see.
Can I just say? I love that, for years, people speculated that Vince was such an integral part of the company to Wall Street that Vince either dying or retiring would tank the stock.
24 hours after he announces his retirement and... it didn't move an inch. Like, if anything, it's up 0.5%.
I guess Wall Street aren't marks! (In this one, very specific instance, at least.)
24 hours after he announces his retirement and... it didn't move an inch. Like, if anything, it's up 0.5%.
I guess Wall Street aren't marks! (In this one, very specific instance, at least.)
I don't know if you are joking or not....
But the announcement was intentionally made 10 minutes after the stock markets closed on Friday evening. The stock markets will remain closed over the weekend, and will only open on Monday morning.
The announcement timing stopped any panic trading on Friday, but only on Monday can people react
Not joking. I guess I don't know enough about stock trading. I was going by Yahoo Finance. I don't link that to prove I'm right -- just to let you know where I got that idea. *shrug*
Edit: I see now the "as of close on July 22." I work in accounting, so I tend to work a day behind. 😋
Lashley's sisters was in 2018. Heyman took over Raw in 2020.
Heyman's biggest idea when he was in charge was trying to have Aleister Black beat Lesnar at Mania before they went with Drew McIntyre.
Quite curious to see how this changes its direction within the next couple of months.
A lot of people were waiting for this. I'll be curious if it turns out to be a good thing or not.
View: https://twitter.com/Variety/status/1551570518263857154
WWE will revise financial statements going back to 2019, saying that a total of $14.6 million of "certain payments" that Vince McMahon made while chairman and CEO should have been recorded as expenses.
McMahon on Friday announced that he was retiring from WWE. That came fives weeks after he said he would be stepping down from his roles as chairman and CEO of WWE amid an ongoing investigation into allegations that he paid out millions of dollars to multiple women to keep quiet about alleged affairs and misconduct.
On Monday, WWE disclosed in an SEC filing that it "has made a preliminary determination that certain payments that Vince McMahon agreed to make during the period from 2006 through 2022 (including amounts paid and payable in the future), and that were not recorded in the WWE consolidated financial statements, should have been recorded as expenses in the quarters in which those agreements were made."
Those payments were or will be paid by McMahon personally, according to the company. WWE said while those were not material in any individual period, the aggregate amount of $14.6 million "would be material if recorded entirely in the second quarter of 2022." As such, the company currently anticipates that it will revise its previously issued financial statements to record McMahon's payments in the applicable periods for 2019, 2020 and 2021, as well as the first quarter of 2022, when it issues its financial statements for the second quarter of 2022.
Given that the payments McMahon made over the course of 16 years while leading company were not reflected in its financial statements, "the company expects to conclude that its internal control over financial reporting was not effective as a result of one or more material weaknesses."
WWE to Revise Financial Statements to Account for Vince McMahon’s $14.6 Million in Personal Payments
WWE will revise financial reports back to 2019, saying Vince McMahon's $14.6 million in payments should have been recorded as expenses.
variety.com
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probably, see the hockey controversy from that investigation happening now
Well, that explains why Vince dipped. Paying out hush money from the company bank account (and not declaring it to the SEC) is baaaaaaaad.
View: https://twitter.com/Variety/status/1551570518263857154
WWE will revise financial statements going back to 2019, saying that a total of $14.6 million of "certain payments" that Vince McMahon made while chairman and CEO should have been recorded as expenses.
McMahon on Friday announced that he was retiring from WWE. That came fives weeks after he said he would be stepping down from his roles as chairman and CEO of WWE amid an ongoing investigation into allegations that he paid out millions of dollars to multiple women to keep quiet about alleged affairs and misconduct.
On Monday, WWE disclosed in an SEC filing that it "has made a preliminary determination that certain payments that Vince McMahon agreed to make during the period from 2006 through 2022 (including amounts paid and payable in the future), and that were not recorded in the WWE consolidated financial statements, should have been recorded as expenses in the quarters in which those agreements were made."
Those payments were or will be paid by McMahon personally, according to the company. WWE said while those were not material in any individual period, the aggregate amount of $14.6 million "would be material if recorded entirely in the second quarter of 2022." As such, the company currently anticipates that it will revise its previously issued financial statements to record McMahon's payments in the applicable periods for 2019, 2020 and 2021, as well as the first quarter of 2022, when it issues its financial statements for the second quarter of 2022.
Given that the payments McMahon made over the course of 16 years while leading company were not reflected in its financial statements, "the company expects to conclude that its internal control over financial reporting was not effective as a result of one or more material weaknesses."
WWE to Revise Financial Statements to Account for Vince McMahon’s $14.6 Million in Personal Payments
WWE will revise financial reports back to 2019, saying Vince McMahon's $14.6 million in payments should have been recorded as expenses.
....and there is the explanation we were looking for as to why this happened with zero announcement last week.
Vince was dipping in that shareholder money. He's going after other rich people money now lol. The rich rarely job, but when its other rich folks, that booking gets real dicey
He's still rich as fuck and likely won't face any real penalty.
oh for sure. and he's old as hell at this point. like none of this really matters until he's forced to sell, in which he gets billions as payout anyway.
at least vince keeps his corruption in-house and isn't in any real position of power politically.
Yeah, while I doubt this results in direct punishment for McMahon he's likely out of the company for good and for real.
People in positions like Vince typically don't want to just have ridiculous amounts of money, they want all the money.
Why spend millions on hush payments to your victims when you can get 'your' company to pay it instead? /s
View: https://twitter.com/Variety/status/1551570518263857154
WWE will revise financial statements going back to 2019, saying that a total of $14.6 million of "certain payments" that Vince McMahon made while chairman and CEO should have been recorded as expenses.
McMahon on Friday announced that he was retiring from WWE. That came fives weeks after he said he would be stepping down from his roles as chairman and CEO of WWE amid an ongoing investigation into allegations that he paid out millions of dollars to multiple women to keep quiet about alleged affairs and misconduct.
On Monday, WWE disclosed in an SEC filing that it "has made a preliminary determination that certain payments that Vince McMahon agreed to make during the period from 2006 through 2022 (including amounts paid and payable in the future), and that were not recorded in the WWE consolidated financial statements, should have been recorded as expenses in the quarters in which those agreements were made."
Those payments were or will be paid by McMahon personally, according to the company. WWE said while those were not material in any individual period, the aggregate amount of $14.6 million "would be material if recorded entirely in the second quarter of 2022." As such, the company currently anticipates that it will revise its previously issued financial statements to record McMahon's payments in the applicable periods for 2019, 2020 and 2021, as well as the first quarter of 2022, when it issues its financial statements for the second quarter of 2022.
Given that the payments McMahon made over the course of 16 years while leading company were not reflected in its financial statements, "the company expects to conclude that its internal control over financial reporting was not effective as a result of one or more material weaknesses."
WWE to Revise Financial Statements to Account for Vince McMahon’s $14.6 Million in Personal Payments
WWE will revise financial reports back to 2019, saying Vince McMahon's $14.6 million in payments should have been recorded as expenses.
Oh my God he did use company money to pay these women off.
Fucking prosecute the shit out of him. The Connecticut AG office needs to be on this.
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No, he didn't use his own money, he used Company Money. That's the big issue and why he deuced out last Friday.
Rich people don't like just being rich, they like the power that comes with it. He had the power to do this and use company money to pay to make it go away...so he did. Why use his own money when company money was right there to give him that extra little oomph in being a scumbag? He got away with it for years and no doubt enjoyed that fact. He got to be rich, treat people like garbage, then wander out onto TV every so often to get the fans to cheer and kiss his ass.
It'd be so easy for rich people to not be scumbags, but a lot of them end up being that way, just endlessly shitting on and looking down on people.
