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WWE CEO Vince McMahon Loses $350 Million, A Third Of His Fortune, In A Day

Discussion in 'Off-topic Zone' started by BrAinPaiNt, May 20, 2014.

  1. Phoenix

    Phoenix Well-Known Member

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    bwaaaaa ha ha ha! :D
  2. Phoenix

    Phoenix Well-Known Member

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    ooooh. Looks like Vince is not happy.

    http://www.cagesideseats.com/wwe/20...th-vince-mcmahon-nbcuniversal-tv-deal-fallout




    WWE executives fearing the wrath of Vince McMahon in NBCUniversal TV deal fallout
    By Keith Harris @glasgowkjh on May 22 2014, 11:33p

    [IMG]
    WWE headquarters - bloodier than Game of Thrones? - Michael N. Todaro
    Vince McMahon is being driven crazy by all the mainstream publicity over the loss of his billionaire status and is thus on the warpath in Stamford, Connecticut, with all his executive staff walking on eggshells, fearing his wrath and a future yell of "YOU'RE FIRED!!!!!"


    The biggest news story of the week continues to be the fallout from WWE's renewal of their TV deal with NBCUniversal for much less money than anticipated and the subsequent collapse in WWE's stock value.

    Needless to say, Vince McMahon hasn't taken this roller coaster plunge downwards very well at all. Indeed, there was speculation in this week's Wrestling Observer Newsletter that all the publicity over the loss of his billionaire status again would inevitably cause him to blow his top:

    "One person with a long association with [Vince McMahon] noted to us that the actual losing of the stock money isn’t going to bother him, but that all of the stories in so many of the major business publications and mainstream media that talked about $350 million in losses over one day, and that he’s no longer a billionaire, would drive him crazy."

    For decades McMahon has been obsessed with his public image, wanting to be more than just a common rasslin' promoter, but every time he's been on the cusp of achieving that proud goal, a big fall was just around the corner. The sluggish takeoff of the WWE Network is obviously not a positive sign that this latest venture out of McMahon's comfort zone will do much better than the rest, and that must be causing him a lot of stress.
  3. BanditHiro

    BanditHiro Well-Known Member

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    he set a lot of expectations that were almost impossible to meet. The stock will probably recover and go back to a steady $15-20 which is pretty good since it was worth only $7 dollars like a year ago.
  4. BoysFan4ever

    BoysFan4ever Well-Known Member

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    The show last night was pretty darn bad. I just looked at it on the DVR.
  5. pjtoadie

    pjtoadie Cleveland's #1 Cowboys fan

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    I agree! The fact that the "main event" was a contract signing for the match at Payback was lame!
  6. BoysFan4ever

    BoysFan4ever Well-Known Member

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    The girl wrestler going nuts. What was the point of that? Does any wrestling fan care about those girls?
  7. pjtoadie

    pjtoadie Cleveland's #1 Cowboys fan

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    When she gave that guy a wedgie I laughed but other than that it was pretty stupid. By the looks of the crowd the Divas don't get much love.
  8. pjtoadie

    pjtoadie Cleveland's #1 Cowboys fan

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    [IMG]

    There's no real reason why I am posting this but I saw it and thought it was pretty funny :D
    CyberB0b likes this.
  9. BoysFan4ever

    BoysFan4ever Well-Known Member

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    She acted like she was high. They must pay well for her to go out & act that dumb. Oh & the midgets. Good Lord.
    pjtoadie likes this.
  10. big dog cowboy

    big dog cowboy THE BIG DOG Staff Member

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    The Raw before a pay-per-view is nothing but a preview show and pretty consistently really isn't that good. The same can be said for Smackdown on Friday. Now the Raw after a PPV is much better and seems to deliver. That is the Raw I look forward to the most each month. The Diva's division is just struggling. I don't know of any one who cares about anything but a possible wardrobe malfunction each Monday. It's just painful to watch sometimes.
    pjtoadie likes this.
  11. BoysFan4ever

    BoysFan4ever Well-Known Member

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    It seems to me the divas are just there for the teenage boys in the audience. I absolutely don't know much about who is or is not a "good" wrestler but you know halter tops, little bitty shorts, boob jobs pretty much screams what those girls are selling.

    I guess it's working too. They do get tv time.
  12. Aikmaniac

    Aikmaniac Well-Known Member

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    The product isn't good right now. Plain and simple. The crowd favorites are hillbillys trying to be a) rejects from Deliverance or b) West Virginia Mountaineer fans ;)

    The best thing for people to do is Youtube the Attitude Era. Some of the best days in pro rasslin' right there. WCW vs. Nitro. Goldberg. The Rock. Stone Cold. Jericho. Sting. Undertaker. NWO. I could go on and on.
    pjtoadie likes this.
  13. BoysFan4ever

    BoysFan4ever Well-Known Member

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    Do they have any competition? If they don't maybe that is why you long time fans feel the product is less than it use to be.

    I like the Wyatt's the best! The "hillbillies" are the best ones on there to me.
  14. Yakuza Rich

    Yakuza Rich Well-Known Member

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    It's too bad because there is a ton of talent on the roster and they are starting to do a good job of developing good talent. But, right now you have the following going on:

    1. Stephanie McMahon on the TV which kills ratings and any momentum the show has.

    2. The 7,526th push of Kane. A character with lukewarm reaction and hasn't really been over since the early 2000's.

    3. They are pushing the Wyatts against Cena, but don't seem to want to transition them to faces after the feud. That's Cena's greatest strength...he's a draw with 1/2 of the fans and so hated by the other half that he can feud with a heel and turn that heel into a face just because he feuded with Cena. Meanwhile, Cena stays face and still draws. Here, the Wyatts don't appear to be turning face and the payoff isn't as big.

    4. The lousy chase for the title for Daniel Bryan and then the hiccups of the title run.

    5. Batista wasn't as over as they thought he was going to be. Tends to happen when a guy just gets up and leaves for MMA and then comes back when he can't cut it in MMA.

    6. No Brock Lesnar

    7. No CM Punk

    8. The poor construction of the push of Cesaro. He should have turned face and they could have done it even with Heyman as his manager. Instead they kept him at heel and it was just ill-timed.

    9. Michael Cole is your announcer (he's not awful, but very bland and corny and doesn't have any charm to him).


    10. The Usos are very lukewarm and generic.


    They just generally need a spark. Something very different from a young wrestler. But, I don't think they have the guts to try it.






    YR
  15. big dog cowboy

    big dog cowboy THE BIG DOG Staff Member

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    Sadly I don't either. Bryant did sell a lot of t-shirts though.
  16. Yakuza Rich

    Yakuza Rich Well-Known Member

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    I don’t think they ever wanted the belt on Daniel Bryan. I think they thought they could get away with putting it on Randy Orton and Bryan would still be over, but Orton has grown stale over time. And if you don’t give the face victories and the belt, eventually he’ll lose his heat. They then brought in Batista and I think they felt he would be massively over and they could shoo Bryan off to the side, but that plan fell flat.


    Batista looks noticeably older and he’s not in love with being a wrestler. That’s not a major problem because neither is Brock Lesnar. But Brock still looks like this incredible beast and when Brock went to UFC he became a champion instead of Batista who was a dud and came back to the WWE because he couldn’t hack it in UFC.


    Eventually, I think they realized they had to put the best on Bryan but realized it was best to do it at WM. But they had a lot of time between that and WM and had to re-work the Orton vs. Batista match. Then Bryan becomes champ and his first feud is against…Kane. And it’s the same type of Kane push which has worn out its welcome. Plus, they wrote it terribly and Bri Bella is horrendous. Now with the injury it makes Vince and Co. think they were correct at being apprehensive at giving Bryan the strap…but the reality was they waited too long to begin with and the guys that they were in favor of have disappointed.






    YR
  17. pjtoadie

    pjtoadie Cleveland's #1 Cowboys fan

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    [IMG]
  18. Manwiththeplan

    Manwiththeplan Well-Known Member

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    lol, I'd take that bet and give you 10 to 1 odds
  19. big dog cowboy

    big dog cowboy THE BIG DOG Staff Member

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    Let you in on a little secret. Bastista will be on leave after Payback to shoot a movie. The question is, how will WWE play it? Will he get hurt or quit? In his place the rumor is Sheamus will join Evolution. The rest of your post is right on point.
  20. Yakuza Rich

    Yakuza Rich Well-Known Member

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    I'm not a huge Sheamus fan. Although I thought a match he had with Barrett was really great. I tend to think Barrett is an underrated worker, but Sheamus may have called the match. He needs to turn heel either way since his heat has gone lukewarm.




    YR

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