Vince McMahon resigned from all his roles within TKO, including executive chairman and member of the TKO Board of Directors, following the Janel Grant lawsuit that included horrific allegations from the former WWE employee. McMahon has denied Grant’s allegations.
While speaking with CNBC Sports, TKO COO Mark Shapiro revealed that while he had breakfast with McMahon recently, McMahon is still out of the company.
Sherman: “One question about Vince? He’s not a part of the company anymore. He’s sold out. Do you still hear from him at all?”
Shapiro: “I had breakfast with him a few weeks ago just to check-in. Been a long time. Haven’t heard from him at all. Obviously, the series on Nettlix came out. I wanted to see kind of where he was. By the way, he couldn’t have been more cooperative. He couldn’t have been nicer. I mean, he was a total pro at breakfast, if you will. It’s a one-on-one get-together, but he’s out of the business entirely. He doesn’t make decisions. He’s not on the board. He doesn’t opine. We don’t consult him. He’s got some litigation that he’s working through, and frankly, he wants the privacy and the time to work through it, which is great because, in the meantime, we’re going to keep building TKO and WWE, and expanding the horizon, expanding the opportunities. And by the way, he’s still a shareholder, not the shareholder he once was, but he’s still a shareholder.”
Sherman: “But he’s supportive of the direction WWE is going in and has gone?”
Shapiro: “Couldn’t have been more positive, but I wasn’t asking for his opinion.”
McMahon reportedly has plans to launch his own entertainment company. For more on that, click here.
If you use any portion of the quotes from this article, please credit CNBC with an h/t to WrestlingNews.co for the transcription
