Link
quote:
STAMFORD, CT – Shane McMahon, Executive Vice President of Global Media, announced today he has tendered his resignation effective January 1, 2010.
Shane stated, “It has been an incredible experience to help build WWE® into a global phenomenon. However, having been associated with this organization for the majority of my life, I feel this is the opportune time in my career to pursue outside ventures.”
“Even though I am personally saddened by Shane’s decision to leave the company, I am proud of the enormous contributions he has made. He will unquestionably bring passion, commitment and extensive business experience to any endeavor he pursues,” said Vince McMahon, WWE Chairman and CEO.
Her senate commercials are hilarious. It cracks me up to hear her talk about the "business" her and her husband built without actually mentioning what
that business is.
And if that is the outside venture, at least he'll be back soon.
[Edited on 10-16-2009 by theflammablemanimal]
Shane's going to buy TNA and have a re-do of the Invasion angle.
One can only assume that the Stephanie/HHH power play was in full effect. Goodbye Shane-O, you will be missed.
quote:
Originally posted by atothej
Shane's going to buy TNA and have a re-do of the Invasion angle.
Wellness violation?
Shane's buying ROH, not TNA.
If his resignation isn't until January, think we get one more match out of him?
Well, if they don't at least get him in to do an angle where Shane joins Vince's Kiss My Ass Club, they'll be missing a huge opportunity.
Shane's always struck me as the most self-aware of the McMahon family; like all of us, its likely painfully obvious to him just how much of a joyless suckfest WWE has become with no improvement in sight, and he probably just wants to disassociate himself. I don't blame him at all and I'm kinda surprised it took this long.
I think its probably easiest to presume he's going to help his mom and disassociating himself with WWE is a wise political move.
I think its reasonable to think that the story is no deeper than it looks and that a guy who was never said to be THAT gung-ho about the business and
who has taken a back seat for years genuinely wants to do something else. I mean, he's a 40-year-old rich dude. Maybe he's just having a
mid life crisis and realizing he can do anything and there's so much more than rolling around with dudes in their underwear.
I think its at least possible that this is the consequence of a changing of the guards in WWE. That they may be preparing for Vince to hand over the
reigns to Steph/HHH (or someone) and it may have been worked out amongst them that Shane isn't a part of the future.
So basically I got nothing.
Somehow, CNNSI thinks this means Shane is going to
be going into the MMA world
quote:
Shane McMahon, son of WWE CEO Vince McMahon and himself the company's executive vice president of global media, has resigned from WWE effective Jan. 1, 2010.
McMahon, who helped launch the company into new international markets and headed its publications division, announced the move via a company press release.
While the direction of his future business career is uncertain, the world of mixed martial arts could be a possible landing spot.
A longtime fan of the sport, McMahon has attended several UFC events in person. In the early part of the decade, the WWE had at least a passing interest in buying the then-struggling UFC. In more recent years, pushed by Shane McMahon, the WWE had preliminary internal talks about getting involved in MMA, though no projects ever came to fruition.
In 2007, the UFC surpassed the WWE in pay-per-view revenue and has widened its lead ever since.
Saying he had previously "never even considered a future outside the walls of WWE," the 39-year-old McMahon made no specific mention of any plans once he leaves the company, simply saying, "I feel this is the opportune time in my career to pursue outside ventures."
On a story on the company's website to announce the move, Vince McMahon said, "Even though I am personally saddened by Shane's decision to leave the company, I am proud of the enormous contributions he has made. He will unquestionably bring passion, commitment and extensive business experience to any endeavor he pursues."
Shane McMahon's resignation comes exactly one month after his mother Linda also stepped down from the company to pursue a run for the Senate in Connecticut.
Ya know, it has been rumored for years that Shane is a huge MMA guy and if anyone had the money to fuel his own upstart promotion (and the business savvy to possibly make it work [and get Fedor on board with it)] to make a run at UFC its the McMahons. I'm not saying its likely or anything, but it isn't that farfetched of an idea. I'm sure that public opinion is right and he's mostly just going to focus on helping his mom's campaign, but it isn't like that writer just pulled that idea out of Fantasyland or anything.
And the options for Shane in MMA would be plenty. He could hook up with whatever league it was that JBL put money into, he could invest in
strikeforce, or he could try to buy the floundering WEC division from Zuffa and turn it into a rival promotion.
He's always been more of the business side of things, so walking away shouldnt hurt the product THAT much. I might also be the only one here who
isnt absolutely shitting himself at the thought of a HHH/Steph led WWE - HHH is an old school student of the game, and according to many that have
left or spilled beans on the internal workings (I'm primarily thinking of JR, Dave Lagana and Paul Heyman), Stephanie is, or at least used to be,
quite open to listening to the ideas of others and was much more willing to hear "your idea sucks" than Vince has ever been. If they must go bak to
kid friendly, they could do alot worse than have someone like Trips in charge booking old school type feuds. Plusyou'd hope that it'd push
HHH into retirement a wee bit sooner.
I've seen tons of people deciding that this is either a) a work, or b) a sign that Shane is leaving to form his own wrestling/MMA company.
I think TEW 2005 becoming freeware has led to some people spending too much time in fantasy land.
The thing that interests me is that the CNN article says that WWE tried to buy UFC a while back.
What would have happened if they'd succeeded? What would the sport be like and would it be better or worse off?
quote:
Originally posted by theflammablemanimal
What would have happened if they'd succeeded? What would the sport be like and would it be better or worse off?
The idea makes me think of what may have been. Bear with me...
Fighter A (Keith Jardine, let's say) goes to low kick Fighter B (Shogun - why not?), but they both slip and Shogun falls on top of Jardine.
Vince, doing play-by-play: What a maneuver!!!
Joe Rogan: Um, yeah - Jardine whiffed on a kick and they just fell down.
Vince: Ring the bell! Ring the bell!
Everyone looks confused...
Vince, now in the octagon: Keith Jardine, welcome to the Kiss-My-Ass club!
Jardine: What the fuck? I ain't kissing your ass...
Vince: Jardine, YOU'RE FIIIIIRED!
6 months later, StrikeForce becomes the biggest MMA promotion on the planet.
I honestly hope Shane does get into MMA. Vince built the WWE from a regional promotion to a globally recognized, multimedia brand that transcends
wrestling and into popular culture. That'd be the equivalent of taking Rage in the Cage (my local MMA promotion that's run exactly one
event outside of Arizona in 8 years) and turning it into the company that overtakes the UFC.
Shane hasn't built anything from the ground up. So imagine if Shane starts his own MMA promotion, or takes a small one that already exists and
makes it a national phenomenon. That's the type of training that someone needs before leading the WWE into the future.
So I think Shane will do something (MMA or otherwise) that is really just going to prepare him to take the reigns from Vince at some point.
quote:
Credit: F4WOnline.com
According to Dave Meltzer, it is being reported that Shane McMahon recently had a meeting at the UFC offices. When asked for more information, Dana White responded with:
"No comment."
Stay tuned for more updates.
quote:
Originally posted by Chris Is Good517
Shane's always struck me as the most self-aware of the McMahon family; like all of us, its likely painfully obvious to him just how much of a joyless suckfest WWE has become with no improvement in sight, and he probably just wants to disassociate himself. I don't blame him at all and I'm kinda surprised it took this long.
Bleacher Report has this as a news story as well.
Lots of rumors are going on that Shane has cashed out 50 to 80 million WWE stock to buy into UFC.
Pwinsider just denied it though.