Vince McMahon’s return to WWE as the Executive Chairman was merely a way for him to gain control of the company and ready it for a sale. In a few months time, McMahon achieved just that as WWE was sold to UFC’s parent company Endeavor. Before the deal, McMahon signed a new WWE contract. It seems the new contact will have a code of conduct and anti-harrassment policy.
It was also announced that Vince McMahon will remain on as Executive Chairman of the Board for WWE and the new company made from WWE and UFC’s merger. That said, he will no longer have any voting power.
According to the Hollywood Reporter, Vince McMahon signed a new contract before the merger. In the available SEC filings, McMahon has committed to the promotion’s “Conflict of Interest and Code of Conduct.”
Vince McMahon continuing to work in WWE depends on him adhering to this “Code of Conduct” and the company’s “Equal Opportunity and Non-Harassment Policy.” Obviously, Vince McMahon will suffer serious ramifications if he violates either of these policies.
This all stems from Vince McMahon’s hush money scandal that took over the pro wrestling world last year. Regardless, we will have to wait and see how Vince McMahon will be involved in the company in the coming weeks. For the time being, fans continue to worry Vince McMahon will end up ruining the company.
What’s your take on Vince McMahon’s new contract? Do you think he will adhere to the new policies? Sound off in the comments!