Vince McMahon sold just over 1.54 million shares of Class A common stock of the WWE on Wednesday, according to an SEC filing.
The full amount of money McMahon received for the sale of his shares is not known, but the WWE’s stock price closed at $20.97 per share on Wednesday, meaning McMahon’s sale would have generated $32.44 million at closing price.
WrestleZone located the SEC filing on McMahon’s stock sale, which describes the financial transaction as being done for liquidity and asset diversification reasons.
While McMahon no longer has any Class A shares of WWE stock, he still owns 35.5 million shares of Class B stock, which represents “approximately 85% of the company’s total voting power and approximately 46.5% of the company’s total outstanding shares of common stock.”
McMahon, 71, plans to continue as the company’s chairman and CEO.
- Vince McMahon
Fans of Netflix program “Making a Murderer” are going nuts on the ‘net Friday after hearing the news that the murder conviction for Brendan Dassey was overturned by a federal judge.
Dassey was imprisoned after being convicted along with his uncle of homicide in the death of a photographer in 2005. Dassey later claimed he was coerced into making a confession — and the whole case/seeming frame job by police was covered in the documentary.
Those who watched noted that Dassey, who was 17 when he was convicted, lamented that he would miss the next month’s WrestleMania. At the time, it was WrestleMania 22.
Fans made note of Dassey’s fondness for wrestling when learning of the conviction being overturned and immediately implored the WWE to act.
Take a look at some of the tweets:
— GifJif (@GifJifApp) August 12, 2016
— GifJif (@GifJifApp) August 12, 2016
Who starts the GoFundMe for Brendan Dassey's Wrestlemania 33 PPV? pic.twitter.com/sp6vFKq7Ne
— Boyce Neigh-Tout (@Talzar) August 12, 2016
- Brendan Dassey
Ronda Rousey has yet to make an announcement on if and when she will return to the Octagon, and one of her fellow fighters believes that is because the former UFC women’s bantamweight champion is expecting a child.
On Thursday, Cris “Cyborg” Justino tweeted that she keeps hearing a “rumor” Rousey is pregnant.
— Cris Cyborg (@criscyborg) July 28, 2016
Rousey claims that is a lie. UFC president Dana White told TMZ he spoke with her on the phone after Cyborg sent the tweet, and Rousey assured White she is not with child.
We know Rousey wants children eventually. The 29-year-old said in an emotional interview earlier this year (video here) that one of the things that kept her from wanting to kill herself after her loss to Holly Holm was the thought of having children with her boyfriend, fellow MMA fighter Travis Browne.
White has said Rousey will get a shot to reclaim her title when she returns, but it’s looking like that won’t come until 2017. Perhaps Cyborg, who has insulted Rousey on more than a few occasions, is trying a new strategy to pressure Rousey into fighting her instead.
- Ronda Rousey
In addition to being one of the most well-known professional wrestlers of all-time, Andre the Giant was also a legend when it came to consuming alcohol. There are countless stories about the 550-pounder drinking more than 100 beers in a sitting in hotel lobbies, but apparently he liked to catch a good buzz before getting into the ring, too.
In an interview with the Tampa Bay Times (that has apparently since been deleted), retired wrestler Gerald Brisco claimed Andre used to drink multiple bottles of wine before a match.
“Andre used to ask me to get him six bottles of Mateus wine and ice them down,” Brisco said, according to Timothy Burke of Deadspin. “He would drink those before we went to the ring and no one could tell.”
For a guy who can supposedly drink 150 beers before passing out, six bottles of wine isn’t much. Brisco says he also witnessed plenty of the legendary beer-drinking antics.
“One night in Sarasota, Andre is traveling with us. So we pull over and get two cases of tall boys,” he recalled. “By the time we get from Sarasota to the Tahitian Inn on Dale Mabry, the two cases were bone dry.”
Man, what I wouldn’t give to see Wade Boggs and Andre the Giant in a drinking competition.
- Andre the Giants
Mark Hunt remains as incensed as ever over his loss to Brock Lesnar at UFC 200 and the ensuing revelations that Lesnar failed two drug tests prior to the fight.
Lesnar defeated Hunt by unanimous decision and was dominant during the fight. But his victory will likely be overturned in the coming months as the Nevada State Athletic Commission (NSAC) reviews Lesnar’s two failed drug tests prior to the fight — one weeks before the fight and the other the day of the event.
After news was released on Tuesday saying that Lesnar had failed a second drug test, Hunt blasted his UFC 200 opponent via Twitter as “cheating scum.”
Hunt told another Twitter user that he wasn’t interested in a rematch with a “dirty cheat” either.
— mark richard hunt (@markhunt1974) July 19, 2016
After Lesnar’s first positive test was revealed, Hunt said he wanted half of Lesnar’s $2.5 million purse for the fight. He then upgraded that to wanting the whole amount. Unfortunately for him, a good chunk of that money will likely go to NSAC as a fine.
Reports have said Lesnar tested positive for an estrogen blocker that enhances testosterone levels.
Brock Lesnar failed two drug tests prior to his win over Mark Hunt at UFC 200 on July 9 in Las Vegas. Both failed tests were for the same banned substance.
USADA, the testing agency responsible for administering the tests, did not publicly announce the substance for which Lesnar failed his exam. However, two reporters are saying Lesnar was flagged for clomiphene.
I'm told by an official with knowledge of Brock Lesnar's positive test that the substance is clomiphene, the same one found in @JonnyBones.
— Lance Pugmire (@latimespugmire) July 19, 2016
According to sources, Brock Lesnar tested positive for Clomiphene, the same anti-estrogen blocker Jon Jones tested positive for.
— Brett Okamoto (@bokamotoESPN) July 19, 2016
As Okamoto noted, clomiphene is the same substance Jon Jones tested positive for in his failed out-of-competition drug test prior to UFC 200. Clomiphene is an estrogen blocker and increases testosterone levels.
- Brock Lesnar
Brock Lesnar’s positive drug test from June 28 was not the only failed drug test he had prior to his UFC 200 win over Mark Hunt in Las Vegas.
USADA announced on Tuesday that Lesnar also failed an in-competition drug test the day of the fight for the same substance. In-competition drug tests take place in the 12 hours before a fight.
When allowing Lesnar to fight less than a month in advance, the UFC waived a rule that would have had Lesnar placed in a testing pool and forced to wait four months before being approved to fight. He was drug tested heavily almost to make up for lost time. USADA says Lesnar was tested eight times. He passed the first five tests but failed a June 28 sample and then his in-competition test.
Lesnar faces discipline from the Nevada State Athletic Commission over the failed tests, which could include a two-year ban. The rash of penalties could spell the end of Lesnar’s MMA career. He is 39 and came back from nearly a five-year layoff to fight Hunt.
- Brock Lesnar