Haus of Wrestling is reporting WWE will fire several stars by the new ownership. “We were told by a WWE source that ‘major cuts’ are expected to the WWE main roster and NXT brand. We were not explicitly told that the cuts would be coming tomorrow but were told they have been planned for some time.”
Shane McMahon, known for his involvement in the pro wrestling industry, has also proven himself as a successful businessman with interests beyond wrestling. Recent developments involving the merger of WWE and UFC into TKO Holdings Group have shed light on Shane McMahon’s past interest in purchasing the UFC. However, his father, Vince McMahon, reportedly prevented him from doing so on multiple occasions.
UFC President Dana White revealed during an interview with Big Boy TV that Shane McMahon had expressed interest in acquiring the UFC during the early 2000s. At that time, Vince McMahon had the opportunity to purchase the UFC but declined to do so, effectively blocking his son’s potential involvement.
According to White, Vince McMahon had the option to buy the UFC, and Shane was interested in acquiring the company. However, Vince chose not to proceed with the purchase, leading to speculation about what might have transpired if the UFC had become part of the McMahon family’s business portfolio.
“Vince McMahon, from what I hear, his son Shane wanted to buy the UFC. Vince had the opportunity to buy it. And Vince said, ‘Yeah. No. We’re not gonna buy it.’ Vince could have bought this thing and just put it on the shelf. Or Vince could have bought it and let his son [run it].”
This revelation highlights the dynamic between the McMahon family members and their respective roles in the world of sports and entertainment, including Shane McMahon’s entrepreneurial aspirations and Vince McMahon’s strategic decisions regarding business opportunities outside of professional wrestling.