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 last week and last night, 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, may be the only prospective buyer willing to retain McMahon in a position of power.
Ringside News was told by a tenured member of the creative team that The Rock won’t be in “ring shape” for a match with Roman Reigns by WrestleMania. It was that The Rock can still appear on the show. That being said, no ideas have been pitched for The Rock in a non-wrestling capacity.
Can Rock appear on the show? Yes. Nothing determined or discussed yet. But “in ring shape for a match with Roman” can’t happen by then.
Dave Meltzer said on Wrestling Observer Radio, “Anything is possible, and it’s certainly possible he could be keeping everything a secret from all by one or two people, but the word is that he doesn’t have the time to get in the shape….All along, if he has the time to do it, he will do it.
Put it this way, most are of the opinion that it’s not happening, and it’s been for months. Those on the inside thought the odds were not good based on that thing because (his schedule)….There’s no such thing as 100% because it’s a very secretive business. Within the company, it’s not looking good,” Meltzer stated.