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Vince McMahon, the former WWE CEO, made his presence felt at WWE Raw, causing quite a stir as new scripts were sent to the crew twice during the show. Interestingly, Brock Lesnar wasn't initially in hand, but his surprise appearance certainly added to the excitement.
McMahon, absent from the WWE scene following a hush money scandal, recently admitted to his mistakes. Over 16 years, Vince allegedly paid off at least four women to cover up instances of s*xual misconduct. This controversy led to his temporary retirement from the wrestling world.
McMahon Addresses Scandal
In a rare interview with CNBC's Squawk in the Box, McMahon spoke about the hush money scandal that forced him to step back from WWE. He acknowledged his personal and professional mistakes throughout his 50-year career, stating that he has owned up to every single one and moved on.
When asked about his legacy, McMahon expressed uncertainty but emphasized his passion for the industry and the fun he's had throughout his career. The WWE has experienced a significant shake-up recently, with the organization being sold to Endeavor, UFC's parent company.
The sale is valued at an estimated $9.3 billion and includes a "definitive agreement" that will see WWE come under Endeavor's ownership. The deal will result in forming a new publicly listed company consisting of both WWE and UFC.
Endeavor will hold a 51% controlling interest in this new entity while existing WWE shareholders will retain a 49% interest. This merger marks a significant development in sports and entertainment, bringing together two major players in combat sports under one umbrella.
As WWE enters a new chapter, fans are eager to see how the organization will evolve under its new ownership. The unexpected presence of both Vince McMahon and Brock Lesnar at the recent WWE Raw event has undoubtedly added to the excitement and anticipation.
With McMahon's influence still being felt and the potential for more unscripted appearances by wrestling superstars like Brock Lesnar, it's clear that the WWE is set for some thrilling and unpredictable times ahead.