In the wake of the news that WWE has been sold to Endeavor, the parent company of UFC, Vince McMahon, the Executive Chairman of WWE, has made a significant statement about his role in the creative process going forward.
The long-anticipated sale of WWE to Endeavor was officially confirmed, resulting in the merging of the two companies into a single publicly traded entity. Ari Emanuel will take on the role of chief executive for both Endeavor and the new WWE/UFC company, while Vince McMahon will serve as its chairman. Nick Khan has been named the president of WWE, and Dana White will serve as the president of UFC.
During an exclusive interview on CNBC to discuss the big announcement, Vince McMahon was asked if he would be as involved in the creative once again as he has been in the past. Replying to this, McMahon stated that he would be engaged on a higher level but would not go into the minute details.
“Yes and no. On a higher level, yes. In the weeds, no. Can’t do that,” said Mr. McMahon.