Home Tags Vince McMahon
Tag: Vince McMahon
The Center for Responsive Politics reports that Stephen Mandel Jr., who founded Greenwich’s Lone Pine Capital, and his wife have donated $9.3 million to Democrats and $100 to Republicans this year, making them the nation’s 20th most active political contributors.
Khan replaces George Barrios and Michelle Wilson, who were co-presidents until they were fired in January.
The XFL filed for Chapter 11 bankruptcy in April, listing up to $50 million in debts.
Even Vince McMahon grew richer, despite problems with his WWE and XFL endeavors.
The moves come just days after WWE Chairman and CEO Vince McMahon announced that Alpha Entertainment, the firm he created to oversee his alternative pro football league the XFL, was filing for bankruptcy.
The corporation reported assets valued in the $10-50 million range, and has an estimated range of 1,000-5,000 creditors.
“While a handful of executives remain employed, the league currently has no plans to return in 2021,” broadcast partner ESPN reported.
His daughter Stephanie took in about $2 million and his son-in-law Paul (Triple H) Levesque made around $3.3 million.
Gone are the scantily-clad cheerleaders, "He Hate Me" and shirtless comedians. "I don’t think it will be driven by a pro wrestling personality or trying to be ‘off the edge’ as it was the first time," says one observer.
“The Board and I decided a change was necessary as we have different views on how best to achieve our strategic priorities moving forward,” declared WWE Chairman & CEO Vince McMahon.