EAST RUTHERFORD, NJ - FEBRUARY 16: Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. (Photo by Michael N. Todaro/Getty Images)
WOW! Insane developments from the world of wrestling! Stephanie McMahon officially resigned from the WWE last night…surprising many insiders and fans alike!
Stephanie has been a constant in the WWE for three decades now…and is considered a tireless and loyal worker for the company.
LOS ANGELES, CALIFORNIA – JULY 10: Stephanie McMahon attends the premiere of 20th Century Fox’s “Stuber” at Regal Cinemas L.A. Live on July 10, 2019 in Los Angeles, California. (Photo by Rodin Eckenroth/Getty Images)
And now…a very strong rumor is that Vince McMahon (who recently re-installed himself as the top guy in charge) will sell the WWE to a private investment firm from Saudi Arabia. WOW!
LAS VEGAS, NV – JANUARY 08: WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES at the Encore Theater at Wynn Las Vegas on January 8, 2014 in Las Vegas, Nevada. The network will launch on February 24, 2014 as the first-ever 24/7 streaming network, offering both scheduled programs and video on demand. The USD 9.99 per month subscription will include access to all 12 live WWE pay-per-view events each year. CES, the world’s largest annual consumer technology trade show, runs through January 10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees. (Photo by Ethan Miller/Getty Images)
This part of the story is downright shocking. The word on the street previously was that Vince McMahon had come back to the WWE to sell the company. But most wrestling experts thought McMahon would try to sell to Disney, Universal, Apple, Netflix, etc. No one saw an entire sale to the Saudis coming!
NEW YORK, NY – APRIL 04: Vince McMahon attends WWE Superstars for Sandy Relief at Cipriani, Wall Street on April 4, 2013 in New York City. (Photo by Brad Barket/Getty Images for WWE)
Obviously this story is developing…we’ll keep a close eye on it…make sure you’re checking out The East Side Dave and Son Wrestling Show for more coverage on this insane time for fans of the squared-circle! BAM!
– Davey Mac
"East Side" Dave McDonald. Co-Host Of The Morning Rat Race (6 to 10 AM). Digital Content Coordinator & Producer.