The ties continue to weaken. There have been all kinds of changes in the wrestling world this year but the biggest of them all has been Vince McMahon resigning from WWE following a string of allegations. That leaves McMahon and his blood family out of authority in WWE for the first time in decades. However, McMahon is not completely gone, though now that story has changed a bit more.

IN CASE YOU MISSED IT: That Works Too: Why WWE Is Reportedly Happy Over Fan Backlash To Rock vs. Roman Reigns

According to a filing with the SEC, McMahon is selling 5.35 million shares of TKO stock, which is worth $411.95 million as listed in the filing. This leaves McMahon with approximately 15 million shares of stock in the company. There is no word on why McMahon has sold this much stock or whether he plans on using his remaining shares to do anything with WWE.

This is something that happens in WWE. Check out some WWE sales:

Opinion: This is the latest sign that McMahon is getting away from the company altogether and that makes things feel so much different. McMahon is one of the most important names in the history of wrestling and now it seems more and more likely that he is just gone. That’s one of those things that is hard to imagine yet here we are, as the new reality of wrestling is just setting in.

What does this mean for McMahon? Will he ever be back in WWE? Let us know in the comments below.

Please share this story on Facebook! And follow the Wrestling Rumors’ Twitter account for up to the minute news and more! Help us spread the word!

You can find more from Thomas Hall at kbwrestlingreviews.com, or check out his- Amazon author page with 30 wrestling books.

Get the LATEST RUMORS! Click to sign up for the exclusive Wrestling Rumors daily newsletter.

MORE IN WRESTLING

  • Out Of Many, One: WWE Announces Huge #1 Contenders Match For WrestleMania Shot Against Gunther

    News
  • Impact Wrestling Results – February 29, 2024

    News
  • AEW Dynamite Results – February 28, 2024

    News
  • NXT Results – February 27, 2024

    News
  • Ring Of Honor TV Results – February 29, 2024

    News
  • Farewell: Former Champion Reportedly Gone From AEW

    News
  • Hold Em Up: Update On AEW Tag Team Titles Following Revolution

    News
  • LOOK: Sting Receives Special Retirement Gifts From City Of Greensboro

    News
  • NXT LVL Up Results – March 1, 2024

    News
  • He’s In: WWE Announces First Inductee Into 2024 Hall Of Fame Class (And It’s A Great Pick)

    News