Former WWE CEO Vince McMahon sells TKO shares worth $250 million

Reports suggested Vince McMahon was recently looking to buy WWE

Vince McMahon has sold a large portion of his TKO Group shares to Endeavor Group Holdings, which is the biggest stakeholder in WWE and UFC’s parent business.

According to an SEC filing Wednesday, Endeavor Group Holdings — now a privately held company known as WME Group — agreed to purchase 1.579 million shares of TKO’s Class A common stock from Vince McMahon in a private transaction on June 3, 2025, at a per-share price of $158.32 for a total consideration of approximately $250 million.

The purchase was completed on June 4, according to the document. McMahon is WWE’s former CEO, who sold the wrestling entertainment firm to Endeavor in 2023 to establish TKO.

Endeavor Group currently controls 61.7% of TKO’s outstanding shares, according to an ownership statement filed with the SEC on Wednesday. Endeavor/WME Group went private earlier this year in a $25 billion merger with private equity company Silver Lake.

McMahon controlled around 8 million TKO shares as of April 15, 2025, representing a 9.8% economic ownership in the firm and 4.1% voting power, according to TKO’s most recent 10-K filing.

With the latest stock sale, Vince McMahon has sold more than $2 billion in TKO shares to date. His stock transactions to TKO and Endeavor in April 2024 totaled $311.2 million.

McMahon had joined TKO Group’s board of directors, but resigned in January 2024 following sexual assault and sex trafficking charges made against him by a former WWE employee, as documented in a civil action. McMahon has vigorously disputed the charges.

Recently, there were rumors that Vince McMahon was considering a repurchase. There have been no specific accusations concerning the matter from the pro-wrestling magnate, and TKO reps have completely ignored it.

While TKO has no choice but to consider the proposition if the previous CEO can make a compelling offer that benefits the stockholders, the wrestling behemoth is not currently for sale.

Could Vince McMahon re-buy WWE?

The same topic was explored on WrestleVotes’ Q&A on Sportskeeda WrestleBinge, where WrestleVotes revealed that even if McMahon is sincerely determined to buy back WWE from TKO, he may not be successful.

I think he’s gonna try, don’t think he’s gonna be able to re-buy the company. As bad as he wants, it’s currently not for sale, don’t think it’ll be for sale, but I do wanna say I love the name, the old homage to capitol wrestling. For whatever this company becomes, I do think it’s a creative name so we’ll see what he can get into.

Amidst speculations that The Big Man was attempting to purchase back WWE, he created a new business endeavor named 14th and I. This name honors the worldwide juggernaut.

WWE was once known as Capitol Wrestling Corporation, and its offices were located on 14th and I Street in Washington.

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