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SHOOTING DOWN A BIG VINCE MCMAHON RUMOR, WHERE THINGS STAND WITH WWE & JOHN LAURINAITIS & MORE

By Mike Johnson on 2022-08-08 12:43:00

Since we have had a number of reader ask over the last several days about Vince McMahon and John Laurinaitis, a few points:

Vince McMahon is not involved with the company in any official capacity beyond his ownership of the majority of the company's stock.  We are told that has not been to WWE Headquarters since his retirement/resignation.  He has not been involved in any meetings or any company communication.  As we noted last week, he's been removed from the internal list of performers and has also been removed from the entirety of the company's corporate structure.   One ongoing question a lot of those who work for the company have passed around among each other is whether McMahon still has access to the gym in Titan Tower, but no one has heard of him physically going there.    

Now, In regard to the idea that McMahon is running things behind the scenes, that's just not the case.  For one, it would be illegal for a publicly traded company to do such a thing and if that was outed, all hell would break loose on a criminal level.  One source noted that they could understand why someone could believe that such a thing could be possible with McMahon family members involved but the way the corporate structure of the company is laid out with Nick Khan, the Board of Directors, etc. there are lots of checks and balances to prevent such a thing from happening.   

As of today, John Laurinaitis is still officially with the company, but internally that is believed to only be a by-product of the internal investigation.  Laurinaitis' email and company cell phone are said to be disconnected, which is what the company did to furloughed employees at the height of the COVID-19 pandemic.  The expectation is he will be gone when the Board of Directors investigation is officially completed.  

 

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