Forbes - WWE Stock Plunges Vince McMahon is taking a HUGE hit to the wallet

[mrquincy]

$357 000 000 ; That's a butt-hurter.

 

[Mudcat]

I have no idea what is going on now. I had a period of closely following rasslin' - ironically - but that kind of fandom can only sustain itself for so long.

I occasionally see snippets of rasslin' now - while I'm talking to Jenny on the phone and channelsurfing with the TV on mute. It doesn't draw me in. Even though it's been, what, 30 years (?) since my heyday, I immediately get a been-there-done-that feeling.

 

[Saulty]

As long as he doesn't sell his shares he lost nothing. People think that when a stock drops the owner is losing money is a fallacy.

 

[mrquincy]

I understand that Saulty. Good ole Vince has always retained something like 90% of the WWE and his wife has the rest. I don't think he will be eating bologna sandwiches anytime soon. It is remarkable to see a stock drop like that though.

 

[mcbaseball10]

Midget wrestling was my absolute favorite. Only saw it a few times in the 80's but I will never forget wanting to see more of it.

 

[reno cool]

think its coming back. Friends went to a show last year

 

[madmaxxx]

Vince wasn't too happy when UT lost at Wrestlemania. I think he told a lot of people to lay the chalk and it backfired when UT decided to job.

 

[roguejuror]

Didn't know Fabulous Moolah and Mae Young were born 4 months apart in 1923.