In the September 10 episode of SmackDown, Shane McMahon replaced the injured Elias in the King of the Ring semi-final, but was defeated by Chad Gable 2-0 in a 2-out-of-3 Falls matc, where Kevin Owens was special referee. In the post-match, Shane attacked Kevin Owens from behind and subsequently fired him from WWE (kayfabe).
In the episode of SmackDown on October 4, Shane was defeated by Kevin Owens in a Ladder match, having to abandon the WWE (kayfabe) as a stake. After losing the match to Kevin Owens, Shane McMahon took nearly a year off from wrestling to pursue his own business with Ideanomics.
In a recent interview on WWE After The Bell with Corey Graves, Shane McMahon discussed getting a call from The Undertaker to do a match at WrestleMania 32.
Shane McMahon on the Undertaker
“I got a call – The Undertaker needed an opponent at WrestleMania and needed it to be special.
There were talks back then, even in Texas, where not that the cat is out of the bag – WrestleMania, that magnitude of 100,000 people, setting the attendance record – that was gonna be an awesome way out. And I really thought I may be one and done.
So I got the call from Taker saying ‘Hey, would you ever consider this?’ I was like ‘Well, let me think about it.’ About 10 minutes later, I get a call from my dad – he’s like ‘Congratulations, this is what we’re doing….what do you think?’ I was like ‘Well, it doesn’t sound like I’m thinking much.’ In typical Vince fashion, he goes ‘I’m serious, I really want you to think about this’ and really started coming up with the creative.
I was like well if it’s gonna be what I think it’s gonna be, can we do Hell in a Cell? And we have to make sure the storyline more than anything is right, otherwise, it’s just a match. This is one thing – going back to what I’ve learned throughout the years – in any match I’ve ever done, I know there’s some crazy stuff that happens from time to time.
But really it’s the emotional story of why. It’s what got us there and telling the physical story once you’re in the match" - Shane McMahon said. “Never say never. I’ll never say that. It’s not about me right now.
It’s about developing new talent or talent that is here and giving them a platform. If I can help out and give them a good showcase with an up and coming talent, I’d love to be able to do that – or an existing one or what have you.
It just, again, needs to follow a good story, and emotional story, and then how we should pull it off physically. I’ve still got a few left in me”.