The big news coming out today from WWE is the Business Insider story on Vince McMahon making the decision to replace Stephanie McMahon’s job duties. The story states that WWE is looking to achieve what UFC has done and they want to bring in hundreds of millions of dollars in sponsorship revenue. The story adds that Stephanie McMahon was not achieving those goals.
In a post on the Wrestling Observer Board, Dave Meltzer stated that it was 100% her decision to take a “leave of absence” from WWE but there are top people in the company who have been burying her on the way out.
Meltzer wrote, “Her leaving was 100% her choice. She had been talking about to close friends from when Paul had his heart issues. That said, key people in the company once she was gone did want to bury her on the way out. That shocked a lot of people including me and those close to her. When I noted to someone very high in the food chain about the burial starting, they told me that if they did that publicly it would be career suicide, only to find out they had already started and the burial was going to come from the top.”
Meltzer added, “here is a much bigger story here. The company outright wanted to bury her here. Something happened after she left clearly. The company did a total 180 on her about two weeks after she left. They never even did that for [George] Barrios & [Michelle] Wilson..”
Last week during a special “We’re Live Pal” podcast, Andrew Zarian spoke about a conversation he had with someone high up in WWE and he was shocked at what was said about her abilities as an executive.
Zarian said, “The comment was that internally, there was doubt put on Steph [and] her abilities as an executive. And a lot of this started after she absorbed some of Michelle Wilson’s responsibilities after she left. One [responsibility] being ad sales and sponsorship. And the comment that I found interesting was that they mentioned that the investors were questioning why they weren’t performing as well. And internally, there was some questioning as to why that wasn’t performing. I think a month ago, [WWE’s Head of Global Sales & Partnerships] Claudine Lilien…she went over to handle that and she was released a month ago and Nick [Khan] has taken over all these responsibilities. When the Shane issue happened at Royal Rumble, WWE was pretty quick to kind of say, yeah he got sent home for all the reasons that you heard, right? I was not expecting the words to be used for Steph because at the end of the day, the McMahons are the McMahons and they are the most protected people in that company.”
Vince McMahon said this 3 months ago: “I’ve probably expected more from my family members…you have to do the right thing for the business, if this person isn’t working out, they shouldn’t be a part of the company”pic.twitter.com/SMD3oBW3J3
— Wrestling News (@WrestlingNewsCo) June 6, 2022
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