Vince McMahon was the CEO of WWE before he had to step down following allegations of sexual misconduct and allegedly having paid $12 million in hush money in a huge scandal last year. Many fans believed he was retired forever, but that was not the case. This is because Vince McMahon returned to WWE in January and he became the Executive Chairman of WWE once again after his daughter Stephanie McMahon resigned. Nick Khan is now the sole CEO of WWE while Triple H remains the Creative Head of WWE.
Following Vince McMahon’s return to WWE, there have been rumors that he plans on selling the company to Saudi Arabia. However, those rumors were eventually proven to be untrue.
According to recent reports, Vince McMahon’s return to WWE is primarily to facilitate the potential sale of the company. There are several potential buyers for WWE, including Saudi Arabia. It is speculated that the kingdom, which has been the subject of controversy, maybe the only prospective buyer willing to retain McMahon in a position of power.
According to a recent report from PWInsider, the former WWE Champion JBL is not expected to feature regularly on WWE programming going forward. JBL had been utilized as a manager in recent months, managing Baron Corbin since October. However, Corbin’s push has been lackluster and he has not won a match since November 14, 2022, on Raw, losing 17 consecutive matches including house shows.