Vince McMahon was the Chairman of WWE and has seen the pro wrestling landscape change numerous times over the years. Regardless, he is still a highly controversial individual. Even Eric Bischoff was shocked by McMahon stepping down as the WWE CEO.
Vince McMahon dominated headlines for shocking reasons after he secretly paid $3 million as a settlement to a departing employee. For that reason, McMahon is currently under investigation.
In addition to that, McMahon voluntarily stepped down from his position as Chairman of WWE. While speaking on the 83 Weeks with Eric Bischoff podcast, Eric Bischoff stated that he was dumbfounded that McMahon actually stepped down as the CEO of WWE.
“I was dumbfounded. Shocked. I can’t imagine anybody felt any differently. Even though it appears to be very temporaneous and not a permanent situation, at least that’s not the way it’s presented or the way I read it, but nonetheless, it’s a big damn deal and it did shock me,” Bischoff said.
“I feel bad for a lot of people. I still have a lot of friends in WWE that I do care about a lot. Regardless of how this ends up, it’s going to adversely affect a lot of people. How do you feel anything other than bad for people that you know and have affection for that are having to go through this? I feel bad for Bruce (Prichard). I sent Bruce a text Friday night during the show going, ‘Brother, one hell of a ride.’ To be sitting in that seat, to be there in the eye of that fu**ing hurricane, man I feel for a lot of people.”
There is also belief that Vince McMahon selling WWE would mean the end of the pro wrestling business as we know it. We’ll have to see what will become of Vince McMahon.
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