Vince McMahon Misses Out on Over $200 Million; News on the XFL

Submitted by Jeff Whalen on July 1, 2018 - 2:58am
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-- Vince McMahon sold 3.34 million WWE shares back in December at $28.68 per share for a total of $95.8 million for the XFL start-up. If he held onto his shares and sold them this week at market value, he would have raised over $236 million by selling the same number of stock.

-- However, with the gigantic TV deals, McMahon is at the point where he can easily afford any initial losses by the XFL and the future of the league will come down to whether he believes it will make it long-term, rather than a financial reason.





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