Former WWE writer Vince Russo has backed the idea of Vince McMahon returning to the company. He recently took to his Twitter account and wrote:
“I really hope @VinceMcMahon DOES come back. Lord knows we need something in wrestling to talk about. ESPECIALLY if it has nothing to do with the Current Wrestling Programming.”
I really hope @VinceMcMahon DOES come back. Lord knows we need something in wrestling to talk about. ESPECIALLY if it has nothing to do with the Current Wrestling Programming.https://t.co/17iU7cSFQn
— Vince Russo (@THEVinceRusso) January 6, 2023
Vince McMahon is back with WWE
Vince McMahon is officially back with WWE. A new filing shows that McMahon is returning to the WWE board of directors. Former WWE co-presidents Michelle Wilson and George Barrios are also on the board. Independent directors Alan Wexler, JoEllen Lyons Dillon, and Jeffrey Speed have been removed.
The filing shows that Vince has made changes to WWE’s bylaws so media rights deals and any company sales can’t be made without his approval. The filing also includes emails Vince has sent to the board.
On Thursday, Vince took action to return to WWE in an effort to participate in media rights negotiations. In a press release, Vince said:
“WWE is entering a critical juncture in its history with the upcoming media rights negotiations coinciding with increased industry-wide demand for quality content and live events and with more companies seeking to own the intellectual property on their platforms. The only way for WWE to fully capitalize on this opportunity is for me to return as Executive Chairman and support the management team in the negotiations for our media rights and to combine that with a review of strategic alternatives. My return will allow WWE, as well as any transaction counterparties, to engage in these processes knowing they will have the support of the controlling shareholder.”
