Posted on 12/30/125 by Colin Vassallo
Court documents published by POSTWrestling.com show that
Endeavor’s Mark Shapiro, who is now President of TKO Group,
predicted exactly what was going to happen when Vince
McMahon resigned, returned, and then sold the company to
them.
The documents involve chat transcripts between McMahon and
various Endeavor members and are part of a shareholder
lawsuit against McMahon and TKO.
“Nick and Stephanie are going to take over the WWE for the
next nine months,” Shapiro wrote hours after McMahon
‘retired’ in July 2022.
“At the end of the nine months Vince be back with a new
board or he will take the company private or he will sell
it/coming to us,” he continued, adding “The courtship is
on.”
“Let’s go,” replied Andrew Schleimer, who is now the CFO of
TKO Group.
McMahon returned in January, three months earlier than
Shapiro’s prediction, with a new board, and then started the
strategic review of the company, eventually coming to an
agreement with Endeavor to sell the company to them.
Documents also show that McMahon and Endeavor chief Ari
Emanuel were in constant communication throughout the months
he was away from WWE.
The extensive report can be read at POSTWrestling.com.