H Jenkins on January 22, 2023
WWE’s 2023 has been filled with unexpected moments so far, and we’re not even a month out of this year. Vince McMahon’s return to WWE also saw him agree to settle a very old allegation. It seems that Vince McMahon’s intention to sell the company could have a lot to do with his current mood to settle any lawsuit that might actually include skeletons in his high-profile closet.
During Wrestling Observer Radio, Dave Meltzer discussed Vince McMahon settling a lawsuit with Rita Chatterton. The former WWE referee got an undisclosed lump sum from Mr. McMahon, and she will continue receiving payments for several years to come.
It was noted that Vince McMahon is in the mood to settle any lawsuit against him that has grounds. That being said, it seems that this is just another piece to the puzzle as Vince McMahon prepares WWE for a sale.
The other one with the spa manager in Florida, it was another threatened lawsuit, and I don’t see Vince, you know, I don’t see Vince going to court with anyone at this point. I just don’t see it. I think that if anyone has anything close to a case, then he’s settling it. As we’ve been seeing he’s been settling, you know he’s settled almost everything now.
WWE CEO Nick Khan was rather confident that Vince McMahon will not have any more allegations come out about him. Only time will tell if they have settled everything, but it seems that Vince McMahon is tying up a lot of loose ends right now.
Vince McMahon could sell WWE, or make any big company decisions, without the shareholders’ permission. This was something that he gave himself the ability to do when he amended the company bylaws once again. McMahon’s hostile takeover of WWE has concluded, and he’s back in power. The big question is how long it will take for him to start flexing that power on television.
This is an ongoing story, and it’s anyone’s guess how it will end, or who Vince McMahon will sell the company to. If anything, it will certainly keep us on our toes here at Ringside News.
Transcription by Ringside News
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January 22, 2023 8:36 am
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