VINCE MCMAHON SELLS HUGE AMOUNT OF WWE STOCK
- 12/21/2017 (7:07:17 pm)
- Bob Mulrenin
Vince McMahon’s plan to perhaps try his hand again at a professional football league came more into focus Thursday.
McMahon is chairman and CEO of World Wrestling Entertainment, which filed details with the U.S. Securities and Exchange Commission about McMahon’s sale of 3.34 million shares of WWE, equaling about $100 million.
He did so, the filing noted, “primarily to fund a separate entity from the Company, Alpha Entertainment LLC, which Mr. McMahon established to explore investment opportunities across the sports and entertainment landscapes, including professional football.”
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Tags: ESPN, NFL, Vince McMahon, wwe, XFL,
