What will happen when Vince goes

[Jtrivera]

The title explains itself, the big question is what will happen when vince retires, not dies, retires. You see the reason I've been thinking about him retiring is because why else would he be pulling out all the stops, rock, austin, trish, Booker, and all these great moments we have had and are gonna have in the upcoming year, I honestly think Vince wants to retire. But when he does who takes over, everyone is gonna say the obvious answer HHH and steph, but they got a family and may wanna take care of them first which leaves the question who will take over the business when he's gone

 

[therealblob]

Logically it should stay in the family. His father ran it now Vince does. It asks the question "What is Shane up to?". Short of him then Stephanie & HHH should run it. Unless.....what if retired hand picked wrestlers ran it? I don't mean Hogan. For the love of all things sweaty not him!! A handpicked band of retired wrestlers with HHH at the head. Guys like Undertaker, when he does decide to retire, HBK, Arn Anderson, Jerry Lawler, Jim Ross, people who genuinely care and are sincere, not ***** like Hogan and Bischoff who I wouldn't let near a monopoly board let alone an institution like the WWE. Perhaps Stephanie can be head of the corporate side of thing, dealings with the board, the stock exchange etc and then HHH taking care of the wrestling side of things.

What do you think?

 

[GameOver]

Don't mind the rant

Vince will never truly be gone, but given the past 10yrs or so, i'd say things will be better if he truly stepped away. As much as i'm a life long WWF/E fan since WCW went under WWE has gone downhill and never turned back

Triple H/Stephanie will take over, that's a no brainer. They can still take care of family and just not be as 24/7 as Vince was. There will obviously be other people to share the load, and have several people to manage various facets, which is something Vince failed on and was to his detriment IMO. No one man can take care of all that and be successfull all the time

Initially Vince was a genius and everything went his way, but then he lost touch with what people want and even though the company was publicy traded and they had to answer to shareholders, surely the main theme of Wrestling should still have been prevalent. Who knows maybe since they went traded it wasn't all Vince's doing all the horrible crap we've had to put up with.

There's a rumour going around now that they don't want to have reference to Wrestling in the name anymore. Just WWE instead of World Wrestling Entertainment, this is a bad precursor to wrestling being phased out altogether and WWE becoming just a cable channel producing drama's, comedys and movies etc Nooooooooooooooo

Mind you they did that somewhat in the Hogan era.

 

[Jericaholics_anonymous7]

we all know shane has left and gone off to do other business.... in my eyes and as a business man myself... he has gone off to prove to himself and others he is a credible business man, that he isn't living off his name qand that he doesnt need his hand being held....

when vince does go, i would be very surprised if Shane doesn't take over what is a FAMILY business...

as i say... as a business man it would make sense. You dont employ someone who has no experience in business, but you employ the best person for the job....

can you name me someone better?

 

[Sheamus' Suntan]

Its to be HHH/Steph. Simply put.

Vince will be around in some aspect but I feel Vince is already priming HHH for the position. He's already been giving cues out to stars over mic during international shows and has done a relative job of it. HHH will turn out to be the next incarnation of Vince and tbh he's fit for the job. I can see him being an on screen owner too if I'm honest.

 

[Sleep Time]

We all should know when the nightmare Vince McMahon leaves that Triple H will take over, I personally think that this is a terrible business choice because Paul is definitely not a business man, but now he gets most of the shares?

 

[Rayne]

Ow ow ow ow. That is the sound of me, slamming my head onto my desk in frustration, because there is absolutely nothing more painful at ten in the morning then listening to professional wrestling fans talk about business.

The WWE is a publicly owned corporation. There are, for our purposes, two main kinds of stock in this corporation; voting stock and non-voting stock. Within the McMahon family, they hold 70% of the non-voting stock and 96% of the voting stock (as of two years ago, I haven't looked at a corporate guidance since then.) Decisions within the company are made by a Board of Directors, of which Vince McMahon is the chairman. By virtue of controlling most of the voting stock, he usually gets his way within the board, however, it's not full of slouches. Kevin Dunn is amongst the board, as is Lowell Weicker, former Senator and former Governor of Connecticut.

What many people don't understand is that there is a difference between owning a company and operating it. Vince is currently an owner/operator, in that he is heavily involved with business decisions, while being the primary financial backer.

What happens on the business side when Vince passes away? Lawyers would follow the wishes within his will that are legally binding, after the payment of taxes. His assets would be divided up amongst the people whom he listed in his will, in the proportions he set out. If anyone had a 51% share of voting stock or greater, they would be the new "Vince", in that they had enough control over votes in order to guide decisions within the company. If no one had a majority share, then control would fall to the board in general, and major decisions would be taken based on how many voting shares fell on which side. What could easily happen in that situation is a group of people with large voting blocks and common interests (read: Paul, Shane, and Stephanie) could band their votes together to maintain mutual control.

What happens on the creative side? Inside WWE's corporate guidance every year, there's a statement to the effect of "If our Chairman is incapacitated or unable to perform his duties, we have no idea what's going to happen." HHH/Steph have been running creative for some time now, but are they ready to go it alone? You can't guess at that, that's a trial by fire right there. Are the connections that the Levesques have in the entertainment industry as strong as the ones in the McMahon family? Who knows. Creatively, there wouldn't be any immediately noticeable effect, but over the first couple of years there will be some major hiccups as the WWE promotional machine resets itself from the top.

With that being said, if your only experience learning about business and private ownership is watching Dixie Carter get screwed out of her company, please, spare the rest of us the headaches.

 

[Wickpeeka]

Shane will come back and help lead the corporate side of things while Trips and Steph will run the shows. It's well known that Shane isn't as passionate about the wrestling product as what Trips/Steph are and that his mindset is more on running it as a business. I do believe that that is its ultimate projection.

I also believe Shawn retired a year or so earlier than what he may have with an inclination that he would return to the company and help Triple H and Stephanie at some point. More of a "I want to spend time with my wife and children for a year or two/three full time" rather than "I'm happy to skip right from retirement as a wrestler into the backstage stuff."

 

[ahoyhoy]

Are the connections that the Levesques have in the entertainment industry as strong as the ones in the McMahon family?

They are one and the same, no? And if Stephanie wants to get in touch with someone her father personally knows, it shouldn't be so hard to ask the old man retired out on the golf course? Other than this, I pretty much agree.

On the day-to-day running of the business, Vince has been preparing for this eventual problem for about 10 years. Steph and up until a couple years ago, Shane had to work hard to prove they were great wrestling and business minds to take over. Steph is the head of creative and Shane used to run '.com tower' - the business side of the company dealing with the tv companies, agents and so on. This wasn't simple nepotism, they both worked hard to get where they were to prove to the two highest names in TitanSports (Linda and Vince) that they were worthy of the legacy. I believe Brian Kalinowski was promoted to fill Shane's position.

This is one step down from the board as the poster above me talked about me. And one step down from the 'heads' of the company is heads of talent relations (John Laurinaitis), prominent agents, the senior minds in creative (Michael Hayes, Brian Gewirtz and Pat Patterson). And this just the wrestling side, I don't know about things such as the expansion of the film company and merchandise.

But on screen? Oh it will totally be Triple H

 

[xcoN]

Vince will have some type of say whether he steps down as chairman or not. Paul and Stephanie will take over the company i'm sure with the help of others. I see this as a better chance to get new talent together and young talent thats actually going to be used. I won't get my hopes up since HHH likes the "big, muscular" guys like Vince. I don't see the company being in any danger when Vince leaves.

 

[bigdaddyb673]

Shane not being at the HOF spoke volumes to me...however I agree Trips and Steph will run the helm and I agree he's setting up his team now, return of Kevin Nash in my opinion a great mind for business and Xpac great finish guy. If HBK got involved too along with Taker, SCSA, Rocky etc the Attitude Era guys could mix in with the other older agents etc and really shape the new blood and weed out the ones who just don't have "IT". Maybe we can finally bust the wrestling bubble some of those guys live in within Stamford